Romania’s economy is in a continuous growing mood. One of the greatest success stories behind this is the ICT sector, extremely dynamic and one of the fastest growing markets in Central and Eastern Europe.
According to the National Institute of Statistics, the contribution of the Information and Communication sector to the nominal value of the GDP in Romania grew from 3.4 % in 2010 to 6.7 % in 2015. With this contribution, the Information and Communication sector has been the second most important contributor to the GDP after the industry sector, outworn sectors like agriculture and construction. If we compare the 6.7 % with other EU countries in the region, Romania is ahead according to Eurostat 2015 information.
This sector employed 157,600 people, or around 3.3% of the workforce, at end-2016, up from 1.5% in 2010.
At European level Romania has the most IT professionals who obtained recognized certifications and ranks 6th in the world ahead of Russia or USA. Universities are a constant recruitment basin for the IT companies, but this is not enough for a market where the demand for labour force is higher than the offer.
Many large multinational corporations like Siemens and Oracle invested in service centres in Romania. Other important players on the market like HP, Accenture, Genpact, IBM, Microsoft, Wipro, Ubisoft, Continental Automotive, Capgemini and Amazon opened branch offices in Romania.
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