According to a report by the International Trade Administration, a US government agency, Romania ranks first in Europe and sixth globally in terms of the number of certified IT specialists per 1,000 inhabitants. This statistic places Romania ahead of countries like the USA and Russia, highlighting its significant contribution to the global IT workforce.
The digital economy in Romania is on an impressive trajectory, with projections estimating its value could reach €52 billion by 2030. This would account for nearly ten percent of the country’s GDP, showcasing the increasing importance of the digital sector to the Romanian economy.
The foundations of Romania’s ICT sector are expected to reach the average level of “Digital Challenger” countries, potentially becoming the main driver of growth for Romania’s digital economy in the coming years. As digital fluency and usage increase, expenditures on digital equipment and e-commerce are anticipated to rise, further fueling the sector’s expansion.
A significant strength of Romania in the digital domain is also its telecom networks and internet speeds.
The ICT sector in Romania encompasses a broad range of activities, including the production of electronic components, computers and peripheral equipment, communication equipment, consumer electronics, and software publishing, along with telecommunications, IT services, web portals, data processing, website management, and related activities. Additionally, the sector benefits from computer and communication equipment repair services.
Bucharest, the nation’s capital, is the focal point of IT development, accounting for 63% of national revenue in this sector. It is followed by business centers in the North-West (18%), West (5%), Center (6%), and North-East (5%). In terms of research and development, industrial clusters are found in major university cities, including Bucharest, Cluj-Napoca, Iași, Timișoara, Craiova, and Brașov, further bolstering Romania’s position as a burgeoning IT hub.
See the report here: https://www.trade.gov/country-commercial-guides/romania-information-communications-technology-ict
