- large, well educated labor force that is still relatively untapped
Romania is only number thirteen globally in terms of IT graduates, with eight thousand per year. But, on a per capita basis, it has more IT graduates than the United States, 2 times more than Russia, 7 times more than India and 12 times more than China. HR professionals in both multinationals and domestic companies in Romania comment that the labor market still “feels relatively untapped” as opposed to leading offshore markets in Europe and Asia where good talent has already become hard to find and attrition is becoming an increasing problem. In addition, there are five cities with top-flight technical universities, and ten more in the second tier, which will help smooth demand as the market grows.
Labor Costs are comparable and even lower than the ones in India. Both senior and junior resources can be obtained at really low prices, averaging between EUR 15-30 / hr.
- The highly skiled workers have a better understanding of western culture by the than their Asian counterparts
Pierre Audoin Consultants (2003) found that 80% of the IT work force speaks English, 25% speaks French and 11-12% speaks German including native speakers, and many other western languages are present in smaller percentages.
- Transparent and Cost Efficient corporate tax environment, at a flat 16% on profits
- Ideal location for European base of operations
Low cost wages, an education where foreign languages play a strong part, technical excellence and European values make Romania the ideal place to establish your European operations base. |
Articles about Romanian Outsourcing:
Outsourcing To Romania: Is it right for you?
IT Outsourcing to Romania 2005
India's new outsourcing rival - Romania?
Microsoft to buy Romanian antivirus company
Ready For Romania
Amazon Development Center in Romania
|