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 current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.