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.
Revenue from software services remained almost at the same level as in the first three months of 2023, contributing 82% to revenue, respectively RON 86.4 million.
AROBS Transilvania Software targets a consolidated turnover of RON 494.9 million and a net profit of RON 48.8 million.
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE.
Romania reported the highest forest growth surplus in the European Union for 2023, with a net annual increment of 39.9 million cubic metres.
The joint plenary session of Parliament officially adopted the 2026 state budget and social security budget projects on Friday.