“In 2021, we continued to grow and we even posted a 12% higher net individual result than the budgeted one. For 2022, we target 17% higher turnover on the year and an around 10% net profit increase. These projections are based on an organic growth of the business, on research and innovation in our products and services and on our gaining strength on the markets we are present on,” says Voicu Oprean, AROBS founder and CEO.
He mentions the company plans to take the M&A strategy initiated in recent years further, with a positive impact over consolidated results. To this end, the company has already sealed a first deal, in April, whereby it took over the team and business of Software Development Services from Sweden’s Enea, with this being the most significant acquisition in the history of AROBS, with a value of almost EUR18 million.
By acquiring Berg Software Timisoara in late 2021, AROBS group also boasts stronger exposure to the markets of Germany, Austria and Switzerland and in 2022 plans to increase its number of clients and projects in these countries.
Moreover, by taking over Software Development Services, AROBS has strengthened its software services unit by adding a number of around 160 new colleagues. Through this acquisition, the company is cementing and also expanding its client portfolio in Europe and North America.
(English version by Catalina Apostoiu)