Antitrust Authority Clears SD Worx’s Acquisition of Romanian Software

The Competition Council said in a statement on Friday that it had not found any serious concerns about the impact of the transaction on competition in the Romanian market.

SD Worx People Solutions is a Belgian company with over 75 years of history, specializing in offering solutions for the human resources sector, with particular emphasis on payroll management.

Romanian Software is a technology company that provides software solutions for personnel management. According to data from the Ministry of Finance, in 2023, Romanian Software recorded a profit of 2.6 million lei (551,748 USD/512,870 EUR) with a net turnover of 28.7 million lei.