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.
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
Bog'Art Steel, part of the Bog'Art Group, has announced the appointment of Alin Creangă as its new CEO.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.
SMEs enjoy the highest level of confidence among Romanian consumers, according to a new study commissioned by Visa, a global leader in digital payments.