Business

Romanian business services provider buys fleet management software firm

AROBS Transilvania Software, one of Romania’s largest software outsourcing service providers, has bought SAS Grup, which operates the fleet monitoring software alarma.ro. No financial details have been released.

The deal strengthens AROBS’ position as a leader in the Romanian fleet monitoring market, bringing the company’s portfolio to more than 6500 customers and more than 85,000 vehicles monitored daily, making it the largest player on the fleet monitoring market in central and south eastern Europe.

“This step is part of our strategy of expanding via acquisitions, a process we began in 2013,” said Voicu Oprean (pictured above), founder and CEO of AROBS.  “We are still looking for other procurement opportunities in Romania and eastern Europe, as our goal is to reach over 100,000 cars monitored in the next year.”

Founded more than 20 years ago, AROBS has extensive experience in various industries including automotive, travel and hospitality, life sciences, IoT and enterprise solutions.

AROBS made a profit of 2.3 million euros in 2017 on revenues of 19.6 million euros. AROBS has over 700 employees, based in offices located in Cluj, Bucharest, Targu Mureș, Iași, Suceava, Baia Mare, Arad, Budapest and Chișinău.

Photo: AROBS

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