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AROBS TRANSILVANIA SOFTWARE - AROBS

Acquisition of SYDERAL Polska

Release Date: 2/2/2023 8:30:16 AM

IRIS Code: 1FE4B

To: Bursa de Valori Bucuresti S.A.

      Autoritatea de Supraveghere Financiara

 

 

CURRENT REPORT 09/2023

According to Law nr. 24/2017 regarding issuers of financial instruments and market operations, ASF regulation nr. 5/2018 regarding the issuers of financial instruments and market operations and/or the Bucharest Stock Exchange Rulebook for Multilateral Trading System.

Date of report

02.02.2023

Name of the Company

AROBS Transilvania Software S.A.

Registered Office

11 Donath Street, building M4, entrance 2, 3rd floor, ap. 28, Cluj-Napoca, Cluj, Romania

Email

ir@arobs.com

Phone

+40 31 860 21 01

Website

www.arobs.com 

Registration nr. with Trade Registry

J12/1845/1998

Fiscal Code

RO 11291045

Subscribed and paid share capital

91,139,498.80 lei

Total number of shares

911,394,988

Symbol

AROBS

Market where securities are traded

MTS AeRO Premium

Important events to be reported: Acquisition of SYDERAL Polska

The management of AROBS Transilvania Software S.A. (hereinafter referred to as the “Company”) informs investors about the acquisition the majority stake, of 94%, in SYDERAL Polska, an entity from Gdansk, Poland, specialized in the development of products and technologies for quantum and optical communication, onboard data storage and processing, as well as for control of satellite mechanisms and instruments.

SYDERAL Polska was established in 2016 and has a team of 28 specialists in providing hardware and software solutions for the aerospace sector customers' needs. The company implements projects for the European Space Agency (ESA) and simultaneously conducts R&D projects funded by the National Center for Research and Development (NCBiR) in Poland. By acquiring SYDERAL Polska, AROBS enters a new market, Poland, and consolidates its business expertise in embedded systems, focusing on automotive, aerospace, medical and marine technology.

SYDERAL Polska will continue to be managed by Michal Drogosz, the current CEO, who will also remain a shareholder, with a 6% stake. At the financial level, AROBS will include SYDERAL Polska's results in the group's consolidated financial statements as of 2023. For 2022, SYDERAL Polska estimates a turnover of 1 million euros.

Voicu OPREAN

Chairman of the Board of Directors

 



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