Enea Romania
Romania is an attractive off-shore destination due to the high level of technical and language skills of IT workers, its well-developed IT industry and availability of a vast IT labor pool at a low cost.



Exceptional Geographic location
Situated at the borderline of three great commodity markets, Romania is an ideal choice for an European company to develop an IT platform to support its needs.

Political and Economic Environment
Romania is a stable country with a an attractive business climate. Romania has recently made considerable legislative and economic progress. With the introduction of the 16% unique taxation rate on profit, 70% of economic activity now in private hands, advanced price liberalization, an open foreign trade regime, and significant and ongoing advances in the opening of key markets such as energy and infrastructure, the sector is poised for IT investors and partnerships.



Cultural Compatibility
Romania’s richness in language skills represents the country’s significant ethnic diversity. More than 70% of the population speak English while there is a good level of French & German due to cultural and historical reasons. An estimated 12% of the population represents more than 20 ethnic minorities.
Romania’s historical ties with countries such as Bulgaria, Italy, Greece, Russia, Turkey, Poland, Hungary, Moldova and Germany.

Government support
The Romanian government supports the IT industry and takes advantage of EU programs to develop the country’s infrastructure, enhance its IT R&D capabilities and recognized competencies, establish the required standards. Outsourcing service providers may benefit from government support and program funds from EU.

Affordable Cost
Although Romanian wages are rising, they remain lower than those in Western European countries, so emigration incentives will remain high for Romanians. Romania is one of the least-expensive countries in the EU, although living expenses in Bucharest are significantly higher than in smaller cities or rural areas.

Currently, more than 55,000 software professionals work in the industry and almost one third of them are involved in software export activities. Romania ranks the 6th in the world by number of certified professionals ("2003 Global Skills IQ Report", Brainbench) and has been awarded a bronze certificate in the category of "Most Certified Nation (Overall)" (2005 Bench Games Report", Brainbench).

Strong History and Tradition of Technical Excellence
Romania is in top 3 in IEEE International Design Competition since 2001
and it has more informatics Olympiad medals than any country but China
and Russia. Also Romanian companies capture 2nd and 3rd place
prizes at the Eureka Innovation awards in each of the past two years.

Qualified developers
Romania’s density of software graduates per thousand inhabitants is
significantly higher than in the USA, it is five times that of Russia and nearly
seven times that of India. The right people can ensure success of the
project, and vice versa.

Currently Romania has the highest density of IT grads worldwide being also in Top 10 volume overall.



Foreign languages proficiency:

70% of the Romanian population speaks English;
English – spoken by everyone working in the IT&C sector;
Good level of French & German due to cultural and historical reasons;
Elevated German minority in Transylvania;
Good frequency of persons speaking Spanish, Italian, Russian,
Hungarian, Greek, Turkish, Ukrainian, Bulgarian, Serbian, other
European languages.

Romania remains an attractive option for foreign investors and distinguishes itself by its key differentiators:

Romania’s density of software graduates per thousand inhabitants is nearly
seven times than India;

Romania has the bronze certificate in the category of "Most Certified Nation
Overall)";

Romania enjoys financial attractiveness according to AT Kearney,
GSLI 2008;

 Romania is perceived as the most attractive country for productivity gains
among all South East European nations, states Ernst and Young 2007
Attractiveness Survey;


STRENGTH
Highly skilled labor force at competitive prices;
Strong tradition of Technical Expertise;
Exceptional geographic location;
 Foreign languages proficiency;
Stable business environment.


WEAKNESS
Lack expertise of managerial skills.


OPPORTUNITIES
Promotion of foreign investments;
Attractive taxation;
Improved infrastructure.


THREATS
EU-membership will increase salaries.