Bonds will probably start trading at the beginning of 2020, according to several sources of Ziarul Financiar.
Qualitance has hired brokerage firm Tradeville to handle this operation.
Ziarul Financiar wrote in November 2019 about Qualitance’s plan to sell bonds in euros on the stock market in order to get the funds needed to expand its business faster and possibly, for the acquisition of other firms with which it is in talks.
Qualitance Group, with 200 employees, of whom 150 programmers, has reached an annual turnover of EUR11 million. Over the last year, it has opened representation and sales offices in New York, Sydney and London.
Should the bond launch operation be successful, Qualitance will be considering selling shares as well.