AROBS Transilvania Software Joins FTSE Russell Indexes, Expanding Global Exposure

AROBS Transilvania Software, the leading technology company listed on the Bucharest Stock Exchange, is set to be included in the FTSE Russell Emerging Markets Index from March 18, 2024. In a recent quarterly review, the global index provider announced that AROBS shares will become part of the FTSE Micro Cap index structure. This news signifies a significant milestone for the company and enhances the exposure of Romanian entrepreneurial firms to global investors.

According to AROBS founder and CEO, Voicu Oprean, the company’s inclusion in FTSE Russell is a realization of the promise made to investors during the transfer to the Main Market of the Bucharest Stock Exchange. This development presents new opportunities for AROBS’ growth and visibility in global markets, ultimately boosting liquidity and diversifying its shareholding. Oprean also shared the company’s ambition to have AROBS shares included in the local indices’ universe, particularly in the BET index.

AROBS has established itself as a leading provider of customized solutions and software products for over 11,000 customers across Europe and Asia. With its headquarters in Romania and offices in Europe, North America, and Asia, the company’s team of 1200+ specialists is continuously developing innovative solutions for various industries, including Automotive, Embedded, Medical, Space, Marine, Life Sciences, Travel, IoT, Fintech, Enterprise, and Intelligent Automation.

The company’s journey on the Bucharest Stock Exchange began in 2021, following a successful private placement of shares on the AeRO market, which attracted significant investments. Since then, AROBS has actively contributed to the local market and is now part of the FTSE Russell Indexes, thanks to Romania’s promotion to Emerging Markets status in September 2020.

The inclusion of AROBS shares in FTSE Russell will not only expand the investment horizon for global investors but also pave the way for better valuation and increased market capitalization of Romanian listed companies. This move highlights the growing demand for Romanian assets and enhances the attractiveness of the local capital market.

For more information about AROBS Transilvania Software and its offerings, visit their official website at www.arobs.com.

[Image: AROBS Transilvania Software – Source: PR Newswire]

AROBS Transilvania Software to be Included in FTSE Russell Emerging Markets Index

AROBS Transilvania Software, a leading technology company listed on the Bucharest Stock Exchange, will be included in the FTSE Russell Emerging Markets Index starting from March 18, 2024. This announcement was made by the global index provider during a recent quarterly review, where it was revealed that AROBS shares will become part of the FTSE Micro Cap index structure. This development is a significant milestone for the company and improves the exposure of Romanian entrepreneurial firms to global investors.

Key Terms:
– AROBS Transilvania Software: A technology company headquartered in Romania that specializes in providing customized solutions and software products for various industries.
– FTSE Russell: A global index provider that offers a broad range of indices and analytics, including the FTSE Emerging Markets Index.
– Bucharest Stock Exchange: The stock exchange located in Bucharest, Romania, where AROBS Transilvania Software is listed.
– FTSE Micro Cap Index: An index that includes small-cap companies with a market capitalization below the regular FTSE All-Share threshold.
– FTSE Russell Emerging Markets Index: An index that tracks the performance of large and mid-cap stocks from emerging markets.

According to Voicu Oprean, the founder and CEO of AROBS, the company’s inclusion in FTSE Russell fulfills the promise made to investors during the transfer to the Main Market of the Bucharest Stock Exchange. This achievement opens up new possibilities for AROBS in terms of growth and visibility in global markets, ultimately increasing liquidity and diversifying its shareholder base. Oprean also expressed the company’s ambition to have AROBS shares included in local indices, particularly the BET index.

AROBS Transilvania Software has a strong presence in Europe and Asia, providing customized solutions and software products to over 11,000 customers. With offices in Romania, Europe, North America, and Asia, the company’s team of over 1200 specialists continuously develops innovative solutions for industries such as automotive, embedded systems, medical, space, marine, life sciences, travel, IoT, fintech, enterprise, and intelligent automation.

The company’s journey on the Bucharest Stock Exchange began in 2021 after a successful private placement of shares on the AeRO market, which attracted significant investments. Since then, AROBS has actively contributed to the local market and is now part of the FTSE Russell Indexes, thanks to Romania’s promotion to Emerging Markets status in September 2020.

The inclusion of AROBS shares in the FTSE Russell Index not only expands the investment opportunities for global investors but also leads to better valuation and increased market capitalization for Romanian listed companies. This step reflects the growing demand for Romanian assets and strengthens the appeal of the local capital market.

For more information about AROBS Transilvania Software and its offerings, you can visit their official website at www.arobs.com.

Related Links:
– Bucharest Stock Exchange: www.bvb.ro
– FTSE Russell: www.ftserussell.com