Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Romanian tech firm AROBS buys 65% of Sibiu-based Gess Engineering, a vehicle testing company, to boost its mobility tech focus.

flag Romanian tech firm AROBS, the largest company listed on the Bucharest Stock Exchange, has acquired a 65% majority stake in Gess Engineering, a Sibiu-based engineering firm specializing in vehicle testing and validation. flag The deal, which follows AROBS’s recent expansion through acquisitions and a capital increase, strengthens its position in mobility and autonomous vehicle technologies. flag Gess Engineering, which generated 22 million Romanian lei in revenue in 2024, will operate under AROBS’ strategic oversight with its management team remaining in place. flag The acquisition reflects growing consolidation and investor confidence in Romania’s tech and engineering sectors.

5 Articles