Why Romania

Facts about Romania

Romania is the 9th-largest country in the EU by area.

19.4 million inhabitants 2019

Orthodox Christians

The Romanian language is a Latin language

Modern IT infrastructure

7th most populated country in the EU

Time Zone - EET (GMT + 2, CET + 1)

Romania has been an EU member since 2007 and a NATO member since 2004

Currency - Lei (RON); 1 RON = 1,57 DKK; 1 RON = 0,21 EUR

GDP was € 250 billion in Q1-4-2019

GDP growth of 4.1% in Q1-4-2019

Solid legal protection of Intellectual Property due to membership of EU

Ability to scale large due to the large pool of IT specialists (200,000+ working in the IT industry)
Highly-educated workforce (more than 13,000 IT graduates every year, with by far most candidates coming from the three universities in Bucharest)
Pro-active culture oriented on hard work and customer satisfaction
Cost Effective - value for money, not merely price per hour
Employees with excellent language skills (English 98%, French 27%, Spanish 13%, Italian 10%, German 10%)
No visas needed for travel to EU countries

The number of IT professionals graduating from university in Bucharest is by far the biggest in Romania
Bucharest has by far the strongest regional economical growth in Romania today, attracting large numbers of young students
Direct flight between Copenhagen and Bucharest
Direct flight between Billund and Bucharest
All the major Romanian IT companies are headquartered in Bucharest
The Romanian is favouring the IT industry in Romania with low tax for companies and employees. The IT industri is becoming since 2019 the largest single contributer to the GPD in Romania.