BUCHAREST, Romania, Sept. 25, 2023 /CNW/ — Beginning September 25, 2023, the shares of AROBS Transilvania Software program (BVB: AROBS), the most important know-how firm listed on the Bucharest Inventory Change (BVB), are traded on the Regulated Market of BVB, following the switch from the AeRO market, the fairness phase of the Multilateral Buying and selling System of BVB. At the moment, its market capitalization is over 190 million euros.
Based in 1998 in Cluj-Napoca, AROBS has places of work in 10 international locations throughout Europe, America, and Asia, with groups of over 1,200 specialists. AROBS develops personalized software program options, serving as an R&D middle for international companions in complicated tasks in Embedded (Automotive, Aerospace, Maritime, Medical Gadgets), Medical Trials, IoT, Journey, Enterprise Options, Fintech, and Clever Automation.
Moreover, the corporate owns software program merchandise utilized by over 11,000 firms.
“In our twenty fifth anniversary 12 months, the debut of AROBS shares buying and selling on the Primary Market of BVB represents a big step in our mission. We’re proud that within the nearly two years of exercise on the capital market, we’ve developed organically and by finishing 9 M&A transactions at an accelerated tempo. Throughout this era, we’ve acquired firms that function in the identical trade and produce added worth by consolidating and increasing the areas of experience and the geographical footprint of AROBS. Relating to the plans for the capital market, we’ll proceed the accelerated development we’ve included within the technique. We purpose to enter the native and regional indices and entice institutional buyers by a share capital improve. We’re happy with what we’ve completed, however we’re much more thrilled in regards to the future. I thank the buyers for his or her belief, my colleagues, those that contributed to right now’s success, and our companions and shoppers. We can’t cease right here,” said Voicu Oprean, Founder and CEO of AROBS.
Because the profitable closing of the non-public placement in October 2021, the corporate’s market capitalization has elevated by 53%. Morgan Stanley Capital Worldwide included AROBS shares within the MSCI Frontier Markets Small Cap and the MSCI Romania Small Cap indices beginning August 2023.
Since its itemizing on the AeRO market in 2021, AROBS has acquired 9 firms with places of work in Romania, the USA, the UK, Poland, Hungary, and Moldova.
Extra about AROBS https://arobs.com/
Photograph – https://mma.prnewswire.com/media/2220018/AROBS_Transilvania_Software.jpg
SOURCE AROBS Transilvania Software program
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