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AROBS Transilvania Software (AROBS), the largest software company listed on the Bucharest Stock Exchange (BVB) benefits, starting with January 3rd, from Issuer Market Maker services offered by two providers: Raiffeisen Bank International and InterCapital Securities.
The specific parameters which are applied to the Issuer Market Maker activity carried out by Raiffeisen Bank International for AROBS shares are available HERE, whereas the quoting parameters of InterCapital Securities can be accessed HERE. The IMM is the participant in BVB’s trading system that has taken on the role of sustaining the liquidity of a financial instrument. Further information regarding the general framework for the IMM Program can be found HERE.
The total number of financial instruments listed on both BVB’s markets benefiting from the Issuer Market Maker services reaches 26: there are 25 instruments on the regulated market and one on the AeRO market.
“We are very pleased to see that AROBS Transilvania Software shows interest in increasing its liquidity on the stock market and benefits from Issuer Market Maker services provided by two renowned international companies – Raiffeisen Bank International and InterCapital Securities. This decision brings a higher level of visibility for AROBS shares and, therefore, brighter perspectives for the company’s evolution on the stock market. AROBS is a prominent player in the IT field, and we wish more and more IT & software companies would join the BVB’s portfolio as issuers. The mix of issuer market making services provided by intermediaries and companies’ desire to boost shares performance represents a strong asset of the stock market. We are happy to have by our side such partners oriented towards growth and evolution.”, stated Adrian Tanase, CEO of the Bucharest Stock Exchange.
“The agreements with InterCapital Securities and Raiffeisen Bank International mark an important step in AROBS’ journey to enhance the company’s visibility among global institutional investors. By expanding our coverage with two new international brokers, we make sure that our group’s activity is better presented, and our stock becomes more accessible to diverse markets. InterCapital Securities will enable us the connection with institutional investors from Croatia, whilst Raiffeisen will bring our story to CEE and Western investors. Together with their market making services, these initiatives will support liquidity and will strengthen the attractiveness of AROBS shares. We are confident that the analysis reports that will be provided by the two entities in 2025 will solidify our unique positioning as an issuer on the Regulated Market of the Bucharest Stock Exchange and will provide valuable insights to the investment community.”, mentioned Voicu Oprean, founder and CEO of AROBS Transilvania Software.
“We are delighted to support the ongoing growth story of AROBS Transilvania Software S.A. on the Bucharest Stock Exchange. Facilitating liquidity as a market maker in one of the emerging companies on the Romanian market makes us proud and we are sure to be adding value by providing market depth for all market participants. We greatly value the trust placed in our expertise.”, said Martin Kreiner, Head of Equity Trading at Raiffeisen Bank International.
AROBS stock is the 11th stock of a BVB listed company for which Raiffeisen Bank International offers Issuer Market Maker services.
“InterCapital Securities is thrilled to partner with AROBS Transilvania Software in providing market making services on the Bucharest Stock Exchange. All of Europe needs more propulsive IT companies that choose to be listed on local exchanges. We have been following AROBS’s success story on BVB since its listing and we plan to work tirelessly on educating investors on its equity story. Through our work as Market Maker, the reduction of the stock’s bid/ask spread should benefit liquidity and international recognition of this wonderful stock.”, stated Danijel Delač, CEO of InterCapital Securities.
The AROBS share is the second share of a BVB listed company for which InterCapital Securities offers Issuer Market Maker services.
About AROBS
AROBS Transilvania Software provides software services and solutions in various industries, having approximately 70 partners of the Software Services business line located in Europe and America and more than 11.000 clients of the Software Products business lines from Europe and Asia. AROBS is present in 11 locations in Romania and nine abroad, and over 1.300 AROBS specialists build solutions for the future in embedded – Automotive, Aerospace, Maritime, and Medical – as well as Travel Technology, IoT, Clinical Trials, Fintech, Enterprise Solutions, Cybersecurity, and Intelligent Automation.
The company was listed on the Bucharest Stock Exchange at the end of 2021, following the largest private placement of shares conducted on the AeRO market, through which it raised RON 74.2 million lei (EUR 14.8 million) from investors. AROBS transferred to the Regulated Market of the Bucharest Stock Exchange in September 2023. A defining milestone in AROBS’s capital market journey was the share capital increase completed in July 2024, through which it raised RON 143 million (EUR 28.7 million) from local and international investors to support the group’s continued development. To date, this remains the largest share capital increase operation completed by a technology company listed on the Bucharest Stock Exchange.
About InterCapital Securities
InterCapital Securities is the leading independent investment company in Croatia, Slovenia & Romania. Established in 2001, and headquartered in Zagreb, the company strives to provide the highest standard in securities and investment management, as well as investment banking services to its substantial and diversified client base, which includes local and international financial institutions, corporations and private investors.
About Raiffeisen Bank International
RBI regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 12 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.
Around 44,000 employees service more than 17 million customers through approx. 1,700 business outlets, the by far largest part thereof in CEE. RBI’s shares are listed on the Vienna Stock Exchange. The Austrian regional Raiffeisen banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the regional Raiffeisen banks and other affiliated credit institutions.
About BVB
BVB is the only securities market operator in Romania. BVB, listed on its own market since 2010, is part of the BVB Group that includes the Central Depository, the institution responsible for the register and settlement operations in Romania, and, since October 2019, the central counterparty, i.e. CCP.RO, an institution that is to take up the clearing of securities transactions in Romania and to contribute to the re-launching of the derivatives market. BVB manages two separate markets, the Regulated Market and the Multilateral Trading System, which lists a variety of financial instruments such as stocks, bonds, fund units, certificates, structured products, and preferential rights. The efforts of the BVB and of its stakeholders to modernize and develop the capital market in Romania have also been acknowledged by the country’s promotion to the Emerging Market status in 2020, by Russel, the global FTSE index provider. A number of 11 Romanian companies are currently included in the FTSE Russell indices for emerging markets. Further information can be found on www.bvb.ro.
For further information:
Marketing and Comunication Bucharest Stock Exchange, [email protected]
