Notice: Trying to access array offset on value of type null in /home/sites/thediplomat.ro/public_html/articol.php on line 90

Notice: Trying to access array offset on value of type null in /home/sites/thediplomat.ro/public_html/articol.php on line 91

Notice: Trying to access array offset on value of type null in /home/sites/thediplomat.ro/public_html/articol.php on line 92

Notice: Trying to access array offset on value of type null in /home/sites/thediplomat.ro/public_html/articol.php on line 93
KeysFin: Multinationals control 60 per cent of the Romanian IT sector | | The Diplomat Bucharest
about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»

KeysFin: Multinationals control 60 per cent of the Romanian IT sector

Large foreign investors have reached a share of over 60 per cent of the local software industry, according to a study by local financial consultancy firm KeysFin.

2017-12-08 14:53:28

Local SMEs and startups are currently facing severe market conditions. These are caused by the fierce competition of multinationals, the controversial tax decisions and the lack of economic stimulus measures, according to KeysFin.

Overall, the Romanian software industry is on a positive trend. It currently generates six per cent of the GDP, but has the potential to contribute 10 per cent to the country's GDP in the next years.

Romania had 19,068 software companies in September 2017, up 1,000 compared to September last year. The number increased by more than 8,000 compared to 2012.

The sector had a total turnover of 4.8 billion Euro last year, compared to 3 billion Euro in 2012. The profit reached 571 million Euro in 2016, double compared to five years ago.

Share
COMMENTS
'.$nr_comm.' comment:
'; } else { echo 'There are '.$nr_comm.' comments:
'; } while ($row = mysqli_fetch_array($result, MYSQLI_ASSOC)) { echo '
'.$row['nume'].": on ".$row['data']."
"; //echo str_replace('\n','
',$row['comentariu']); echo nl2br($row['comentariu']); echo '
'; } ?>

0 Comments  |  6898 Views
Share
Daily Info
Smart city is not a fad, it's a necessity

In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"

"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u...

Telekom Romania, a strong supporter of Smart City development in Romania

Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society...

In the industrial era, the fight was for finite material resources. Not anymore

Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"

Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p...

 
 
   
advertising
advertising
advertising
More on