EBRD makes minority equity investment in AROBS Transilvania Software S.A. EBRD investment is part of larger share offering of €38 million (RON 189.3 million) Aim is to support the company pursue its regional growth strategy The EBRD has made a minority equity investment into a leading Romanian technology company, AROBS Transilvania Software S.A, to support it in pursuing its regional growth strategy in central and eastern Europe. The EBRD investment was part of a larger primary and secondary share offering of €38.0 million (RON 189.3 million) subscribed by other retail and institutional investors. The EBRD investment will support a fast-growing, founder-owned business with the potential to become a top-tier software development company both through organic growth and mergers and acquisitions. Around 80-90 per cent of the primary proceeds will support AROBS’ acquisition strategy, enabling it to become a regional leader by accessing new markets, diversifying risk across countries and reducing client concentration. The remainder of the primary proceeds will be used for working capital purposes and support AROBS’ organic growth. The investment will also enhance AROBS’ stock liquidity by increasing its free float on the Bucharest Stock Exchange from 22 per cent (pre-offering) to approximately 40 per cent, helping the company attract long-term local and international investors. "We are very happy to become one of AROBS’ minority shareholders. This investment confirms the EBRD’s commitment to support the vibrant local IT sector and further develop such businesses into regional champions,” said Victoria Zinchuk, EBRD Director, Head of Romania. Voicu Oprean, AROBS' founder and CEO, said: "We are very proud to welcome EBRD as an investor. This transaction creates added value for AROBS, the Romanian technology industry, and the Bucharest Stock Exchange. The partnership will help us become more resilient by improving our liquidity and growing our attractiveness, competitiveness and footprint in international markets." Founded in 1998 by Voicu Oprean, AROBS provides custom software development services across several industries, including automotive, marine, aerospace, healthcare, travel and hospitality, and fintech. The EBRD began collaborating with AROBS in 2008, providing advisory support to develop the branding of its first Romanian GPS used for fleet management. In 2014-2015, the Bank provided the company with international advisory expertise to support AROBS’ strategic planning as well as organisational development. The company was publicly listed on the Bucharest Stock Exchange’s secondary AeRO Market in December 2021 and transferred to the Main Market in September 2023. The EBRD has worked in Romania for more than three decades, investing almost €11 billion through 525 projects
The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
