Arobs acquires Quest Global Romania in all-equity deal

Business Forum
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.

The transaction will be settled entirely through the issuance of new Arobs shares, with no cash component. The newly issued shares will be subject to a one-year lock-up period from the closing date. This marks Arobs' first acquisition where the full consideration is paid in equity, as part of the company's M&A strategy.

Quest Global Romania is headquartered in Craiova and has a team of approximately 110 specialists. The company provides software application development, embedded solutions, testing and quality assurance services to international clients in North America, Western Europe, Australia, and the Middle East. Its technical expertise covers web, mobile, desktop, and data-driven solutions across industries including automotive, healthcare, semiconductors, oil & gas, and software.

"The integration of Quest Global Romania team supports the Group's ability to undertake more complex projects and to develop long-term relationships with global clients," according to a statement by Voicu Oprean, Chairman of the Board of Directors. The operational management will continue under the current team, led by Ana-Maria Vasilescu.

Quest Global Romania is part of Quest Global, a Singapore-headquartered engineering services group with over 22,000 employees operating in more than 18 countries. The acquisition follows several transactions completed by Arobs during 2025, including the acquisitions of SVT Electronics, Codingscape in the United States, and Gess Engineering. The transaction is expected to complete in H1 2026.

RECOMMENDED
Romanian resi sales fall in H1 2025
Real estate

Romanian resi sales fall in H1 2025

The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.

CEE emerges in race for AI talent
Real estate

CEE emerges in race for AI talent

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

Catinvest names Manager for Aparthotel Craiova
Real estate

Catinvest names Manager for Aparthotel Craiova

French real estate group Catinvest has appointed Win Advisors as Administrator of Aparthotel Craiova, which was inaugurated earlier this year within ElectroPutere Parc in Craiova, following a €12 million investment.

RECOMMENDED FROM THE HOME PAGE
Real estate

Penny reaches 462 stores in Romania

Penny continues its national network expansion with the opening of a new store in Bacău. With this opening, the Penny network reaches 462 units nationwide.

READ MORE
Business Forum  |  29 January, 2026 at 10:10 AM
Business Forum  |  28 January, 2026 at 6:11 PM