EBRD takes minority stake in Romanian tech group AROBS as part of EUR 38 mln capital increase
<p>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.&nbsp;</p>

<p>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>

<p>Around 80-90% of the primary proceeds from the capital increase will support AROBS’ acquisition strategy, enabling it to become a regional leader by accessing new markets, diversifying risk across countries, and reducing client concentration.&nbsp;</p>

<p>The remainder of the primary proceeds will be used for working capital purposes and to support AROBS’ organic growth.&nbsp;</p>

<p>The investment will also enhance AROBS’ 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.&nbsp;</p>

<p>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.&nbsp;</p>

<p>The company was publicly listed on the Bucharest Stock Exchange’s secondary AeRO Market in December 2021 and transferred to the Main Market in September 2023.</p>

<p><em>andrei@romania-insider.com</em></p>

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