October 31 (SeeNews) - Romania’s Competition Council said on Monday that it is looking into the agreed takeover of software company Qualitance QBS by Alten Europe, a company operating in the consultancy industry.
The Competition Council will assess the terms of the transaction in accordance with current legislation to determine whether it can be authorized or not, it said in a press release.
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Qualitas QBS is a Romanian software developer for companies. Qualitas is active in the technology, banking, energy and telecommunications sectors. At end-2021, the company employed 178 , data from the finance ministry's website shows.
Alten Europe is part of Alten Group, a French company operating in the consultancy and technology sectors. The group employs over 37,000 in 30 countries.
(1 euro=4.9141 lei)