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Asseco's Bosnian unit receives antitrust approval to acquire BS Telecom Solution

Asseco's Bosnian unit receives antitrust approval to acquire BS Telecom Solution Photo: All Rights Reserved

SARAJEVO (Bosnia and Herzegovina), December 6 (SeeNews) - Bosnia's competition authority said it gave the green light to the local unit of Poland-based software company Asseco SEE to acquire a majority stake in local telecommunications and information systems provider BS Telecom Solution.

The Competition Council estimated that the proposed transaction will not create or strengthen a dominant market position of the involved parties, it said in its ruling on the notified transaction published in the Official Gazette last week.

BS Telecom Solution, established in 2002, manufactures, supplies and integrates complete telecommunications and information systems. The company employs over 100 people.

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