Arobs buys majority stake in Gess Engineering
Arobs, the largest Romanian tech company listed on the BVB, has purchased a 65% majority stake in Gess Engineering, a Romanian engineering company.
Arobs, the largest Romanian tech company listed on the BVB, has purchased a 65% majority stake in Gess Engineering, a Romanian engineering company.
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.
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.

Fepra has inaugurated new PET and glass recycling units in Brad, marking a significant step for the municipality and Romania's recycling infrastructure.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025, according to financial analysis platform Risco. This represents a 46.5% increase compared to November 2024, when just over 670 cases were recorded.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday, down from 6.22% in the previous session, according to data published by the National Bank of Romania (BNR).
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
In October 2025, the euro area seasonally adjusted unemployment rate was 6.4%, stable compared with September 2025 and up from 6.3% in October 2024.