Romania is the third country in Europe

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  Moreover, because you outsource your development team, they have proper knowledge of various industries and industry-specific requirements. If you want to expand your business and penetrate new markets, the team you are working with can bring valuable insights and help you understand market trends. You will take the right decisions from the start.   Why Is Romania Outsourcing a Booming Market? Romania is an excellent option for companies looking to outsource software development services; we will point them out in this chapter. Before starting, here are some facts about Romania that we want you to know:   Facts about Romania  Romania is located in Eastern Europe, with a population of over 19 million people.


In March 2004, Romania became a Mauritania Email List NATO member.  In January 2007, Romania became a member of the European Union. Romania is the 12th largest country in the UE and has the 17th largest economy by nominal GDP.   Romania is the leader in Europe and the sixth worldwide regarding the number of certified IT specialists, with density rates per 1,000 inhabitants more remarkable than in the US or Russia.  Romania’s IT market has been growing for the past two decades. The IT sector is growing substantially yearly, and software development in the Romania industry is €3.2bn in 2022.  Romania outsources software development and IT projects to companies from Western Europe, such as Germany, France, the UK, Italy, etc.



Global software companies such as Oracle, Amazon, IBM, Microsoft, and Deutsche Bank have already got to enjoy the potential of Romanian developers at competitive rates while maintaining product quality and reducing time to market.  with the fastest internet speed. The average internet speed is 160MB/s on cable and 38.09 MB/s on mobile. In 2019 the National Strategy for Implementation of 5G was adopted, and in August 2019, Bucharest became the first city with full 5G coverage. The Outsourcing Market in Romania Ideamotive.co has a full report on the State of Software Development Outsourcing In Romania. According to their findings, here are some interesting facts about the outsourcing market in Romania:  Over 100.