Filip & Company assists AROBS in the largest capital increase of a technology company listed on the BVB

Filip & Company law firm has provided legal advice to AROBS Transilvania Software, a global provider of IT solutions and customized software and the largest technology company listed on the Bucharest Stock Exchange, on the share capital increase operation through which it has raised EUR 28.7 million.

This operation represents the largest share capital increase for a listed IT company in Romania. The process consisted of two stages – the first, in which existing shareholders subscribed on the basis of pre-emptive rights, and the second, in which new local and international institutional investors subscribed through a private placement.

“AROBS is one of the most dynamic players in the IT sector in Romania. The share capital increase operation not only underlines their commitment to growth and innovation, but also contributes significantly to the development and consolidation of our capital market. We are delighted to have had the opportunity to collaborate with AROBS on this important project and we thank them for their trust and excellent cooperation”, says Olga Niță, partner in Mergers, acquisitions and capital markets at Filip & Company.

The Filip & Company team that assisted AROBS Transilvania Software on this project was coordinated by Olga Niță (partner) and included Alexandru Bîrsan (partner and head of Mergers, acquisitions and capital markets at Filip & Company), Roxana Diaconu (senior associate), Monica Popa (associate), Bianca Gheorghe (associate), Isabela Dogaru (associate) and Geogiana Lazăr (associate).