Ascendia S.A. · BVB · ASC
Counterparty Dossier
Publicly listed European public-sector education infrastructure operator since 7 July 2016.
Registry, listing facts, board and oversight, BVB-disclosed deliveries, the operating record, and the named institutional desks of Ascendia S.A.
Counterparty register
- Ascendia S.A.
- BVB: ASC
- ISIN ROASCIACNOR9
- LEI 315700DLIITW8APMVF93
- CUI 21482859
- Reg. Comm. J40/6604/2007
Counterparty register
On the BVB regulated record since 2016.
Ascendia S.A. is a publicly listed European public-sector education infrastructure operator. The full counterparty register and listing frame are surfaced below.
Regulatory identifiers
- Legal name
- Ascendia S.A.
- Ticker
- BVB · ASC
- ISIN
- ROASCIACNOR9
- LEI
- 315700DLIITW8APMVF93
- VAT (CUI)
- 21482859
- Registration
- J40/6604/2007
Listing frame
- Listing date
- 7 July 2016
- Market segment
- BVB AeRO Premium
- Index inclusion
- BET AeRO
- Statutory auditor
- Independent statutory audit firm engaged for the financial year. Engagement-partner sign-off is published in the auditor's report section of the Annual Report 2025.Auditor sign-off · Annual Report 2025 (PDF)
Operating posture
Listed-company evidence, on the public record.
Posture is built from the seat at the European Commission DEC expert group, the EU programme footprint, and the BVB-disclosed national deliveries that constitute the operating record.
EC DEC · DG EAC
European Commission Digital Education Content expert group
Ascendia's R&D Director, Gabriel Lazar, holds a seat in the EC DEC expert group since 1 July 2024 — under DG EAC, framed by the Digital Education Action Plan 2021–2027.
Few technical counterparties hold one.
EU programme readiness
Erasmus+ · Horizon Europe · Digital Europe
Active engagement in EU consortium-grade programmes — including EMPASS Erasmus+ Forward Looking and the ADR digital-skills programme (PNRR). Letter-of-Intent route through the EU Programmes desk.
Letter-of-Intent turnaround inside 5 working days.
Listed-company evidence · BVB current reports
Each card links to the filed PDF
"First Aid, A Chance at Life" — national first-aid campaign
InfoCons & Bucharest-Ilfov Ambulance Service · 5-partner public-health consortium
5,612 teaching staff
BVB current report · ASC
"Protection through Education: Digital Security" — national cybersecurity-awareness campaign
Romanian Police · DNSC · ARB · 4-partner consortium
15,928 registered users
BVB current report · ASC
NVIDIA Connect ISV programme acceptance
NVIDIA Corporation · Connect ISV programme
AI-platform partner status
BVB current report · ASC · EN
LIVRESQ Companion — AI authoring companion
Direct outcome of Google for Startups Growth Academy: AI for GovTech
Public launch · ASC_20260408
BVB current report · ASC · EN
Board & oversight
Statutory governance under BVB rules.
The Board of Directors carries strategic oversight, capital-allocation decisions, and statutory filings. Composition is set by the Articles of Incorporation and authorised by General Shareholders Meeting; current reports are filed publicly on the BVB record.
Named directors
Chief Executive Officer
Executive directorCosmin Mălureanu
- Since
- Founder 2007 · CEO since BVB listing 2016
- Governance context
- Signatory on the Annual Report 2025 · BVB-listed governance obligations
Chief Marketing Officer
Executive directorAlex Mălureanu
- Since
- Co-founder 2007
- Governance context
- Signatory on the Annual Report 2025 · Capital-markets disclosure obligations under BVB rules
Composition note
Statutory composition of the Board — including any non-executive members, independence status, and committee mandates — is filed in the Articles of Incorporation at the Romanian Trade Register and disclosed in the Annual Report 2025. AGM resolutions on board composition are published as BVB current reports.
Oversight bodies
Board of Directors
Strategic oversight of Ascendia S.A. under the obligations of a Bucharest Stock Exchange listed entity. Decisions on capital allocation, statutory filings, and major institutional engagements.
Executive directors and non-executive members under BVB-listed governance rules.
Cadence · Statutory meetings; current reports filed publicly to BVB.
Audit Committee
Oversight of financial reporting integrity, external audit relationship, internal controls, and risk-management framework. Public annual and semi-annual reporting cadence on the BVB regulated record.
Independent oversight members under BVB-listed audit-committee obligations.
Cadence · Quarterly reviews; annual audit cycle.
Security & Compliance Council
GDPR, NIS2, accessibility (EAA / WAD / WCAG / EN 301 549), and information-security posture. Routes DPA review and sub-processor disclosure under the Compliance & Governance desk.
Compliance leads, Data Protection Officer, security engineering.
Cadence · Standing review of compliance frames and incident-response cadence.
Risk Management
Operational, financial, regulatory, and reputational risk assessment. Reports into the Board and the Audit Committee. Material exposures are disclosed on the BVB current-report channel.
Senior management with independent oversight.
Cadence · Continuous; quarterly summary into the Board.
Audit oversight · Financial reporting integrity and the external-audit relationship are overseen by the Audit Committee on a quarterly review cadence; the annual audit cycle is filed on the BVB regulated record.
Footnote · The Board is composed in accordance with the Articles of Incorporation, as filed at the Romanian Trade Register and amended by AGM resolution. The most recent General Shareholders Meeting was held on 25 April 2026.
Full leadership accountability mapOperating record
Eighteen years on the public record.
Founded 2007, listed on the Bucharest Stock Exchange since 2016. Each material event below is reflected on the BVB current-report channel where applicable.
2007
Founded
Ascendia Design SRL incorporated in Bucharest. E-learning content services for Romanian publishers.
2012
Global validation
Interactive digital manual ranked seventh globally on US e-learning benchmarks. First international recognition for the team.
2016
BVB listing
Symbol ASC. First e-learning entity listed on the AeRO market of the Bucharest Stock Exchange. Counterparty register: ISIN ROASCIACNOR9, LEI 315700DLIITW8APMVF93.
2020
LIVRESQ commercial release
E-learning authoring platform enters commercial phase. Available to authors and institutions globally.
2023
EduLib national virtual library
Consortium delivery for the Romanian Ministry of Education. Ascendia contribution: LIVRESQ direct licensing and content services for gymnasium-level lessons. Project value above EUR 3.5M.
2023
"First Aid, A Chance at Life" — BVB-disclosed
National first-aid campaign delivered with a 5-partner public-health consortium. 5,612 teaching staff. Filed as BVB current report on 29 August 2023.
2023–2024
"Protection through Education: Digital Security" — BVB-disclosed
National cybersecurity-awareness campaign with the Romanian Police, the National Cyber Security Directorate (DNSC), and the Romanian Banks Association. 15,928 registered users in Edition I. Filed as BVB current report on 26 January 2024.
1 Jul 2024
EC DEC expert-group seat
Ascendia's R&D Director admitted to the European Commission Digital Education Content expert group, under DG EAC, framed by the Digital Education Action Plan 2021–2027. Few technical counterparties hold a seat.
2025
European AI Tech Declaration · NVIDIA Connect
Signatory to the European AI Tech Declaration. Acceptance into the NVIDIA Connect ISV programme filed as BVB current report on 8 July 2025.
23 Sep 2025
Google for Startups Growth Academy: AI for GovTech
Selected for the first EMEA cohort. Filed as BVB current report ASC 6701 / 23 Sep 2025. Foundation for the LIVRESQ Companion launch (separate filing, ASC_20260408).
8 Apr 2026
LIVRESQ Companion — BVB-disclosed
AI authoring companion launched as a direct outcome of the Google for Startups: AI for GovTech cohort. Filed as BVB current report ASC_20260408.
2026
National Digital Pedagogy / OER infrastructure
Ascendia.eu reposition into the European public-sector / Horizon-consortium / regulated-enterprise frame. Twelve teacher-training consortiums underway under the Authority for the Digitalization of Romania PNRR programme.
Financial record
Five-year audited record.
Annual operating revenue and net profit, 2021–2025. Audited statements are filed on the BVB regulated record. The full investor surface — filings index, financial calendar, and IR contact — lives on the Investor Relations page.
FY 2021
EUR 0.9M
Operating revenue
EUR 0.2M
Net profit
FY 2022
EUR 1.6M
Operating revenue
EUR 0.4M
Net profit
FY 2023
EUR 2.4M
Operating revenue
EUR 0.3M
Net profit
FY 2024
EUR 2.6M
Operating revenue
EUR 0.6M
Net profit
FY 2025
EUR 9.6M
Operating revenue
EUR 4.7M
Net profit
2021–2025 audited · EUR converted at 4.97 RON/EUR · Source: BVB filings
View IR & filingsInstitutional contact
Named officers, on-the-record SLAs.
Each desk routes to a named officer with a written response SLA. Procurement, EU programmes, compliance, and investor enquiries are kept on separate lanes.
Public-sector & procurement
Dragos Vasilica · Director of Business Development
RFI acknowledged within 3 working days
EU programmes & partnerships
Gabriel Garban · European Funding & Grants Lead
Letter-of-Intent turnaround within 5 working days
R&D, compliance & EC DEC
Gabriel Lazar · R&D Director · EC DEC member
DPA review within 10 working days
Investor Relations
IR desk · Ascendia S.A.
Analyst briefings · AGM-cycle coordination
Related surfaces
Related institutional surfaces.
Investor Relations
BVB filings · financial calendar · IR desk
Leadership
Co-founders · named desk officers · accountability map
Partners
Featured partnerships · four counterparty clusters · BVB-disclosed deliveries
Corporate Governance
Board · committees · policies
Ascendia story
Founding, listing, and the embassy reposition
Sustainability
ESG framing · public-record disclosures
Careers
Open roles · institutional environment
Part of Trust Center