Industry | 26 June, 2025 at 12:00 PM
Arobs makes US acquisition
Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.
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.
Romania's GDP recorded an increase in Q2 2025, according to flash estimates from the National Institute of Statistics (INS).
The Romgaz Group has reported a consolidated net profit of RON 1.67 billion (€338 million) for H1 2025 , which is 8.60% lower than the same period in 2024.
Romania's Minister of Finance Alexandru Nazare has announced changes to the tax regime of multinational firms as part of a wider effort to increase revenues to the budget.
Local FMCG distributor Aquila has reported a consolidated revenue of over RON 1.5 billion (€301.8 million) during H1 2025, marking an 18% increase compared to the same period in the previous year.
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.