Arobs Transilvania Software has obtained the ISO/IEC 42001 AI Management System certification, becoming the first company in Romania to complete this certification process.
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Arobs Systems, part of the Arobs Group, has signed two digitalization contracts with Romanian government institutions worth a combined €8 million to the company.
Arobs, the largest Romanian tech company listed on the BVB, has purchased a 65% majority stake in Gess Engineering, a Romanian engineering company.
Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.
The merger process marks the first step in a series of similar initiatives that AROBS's management plans to implement in the long term.
Over time, the company attracted growing interest from investors, securing a leading position in the BET AeRO index.
Revenue from the second business segment, "Software Products," grew by 14% compared to the same period last year, reaching RON 57.5 million as of September 30, 2024.
This partnership aligns both companies in empowering digital health innovators with a scalable, ISO 13485 and ISO 27001-certified platform.
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).