The European Bank for Reconstruction and Development (EBRD) has made a minority equity investment into leading Romanian technology company AROBS Transilvania Software (BVB: AROBS) to support its regional growth strategy in central and eastern Europe.\u00a0<\/p>\n
The EBRD investment was part of a larger primary and secondary share offering of EUR 38 million (RON 189.3 million) carried out on the Bucharest Stock Exchange and subscribed by other retail and institutional investors.<\/p>\n
Around 80-90% of the primary proceeds from the capital increase will support AROBS\u2019 acquisition strategy, enabling it to become a regional leader by accessing new markets, diversifying risk across countries, and reducing client concentration.\u00a0<\/p>\n
The remainder of the primary proceeds will be used for working capital purposes and to support AROBS\u2019 organic growth.\u00a0<\/p>\n
The investment will also enhance AROBS\u2019 stock liquidity by increasing its free float on the Bucharest Stock Exchange from 22% (pre-offering) to approximately 40%, helping the company attract long-term local and international investors.\u00a0<\/p>\n
Founded in 1998 by Romanian entrepreneur Voicu Oprean, AROBS provides custom software development services across several industries, including automotive, marine, aerospace, healthcare, travel and hospitality, and fintech.\u00a0<\/p>\n
The company was publicly listed on the Bucharest Stock Exchange\u2019s secondary AeRO Market in December 2021 and transferred to the Main Market in September 2023.<\/p>\n