• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Romania’s IT&C industry hits $21.5Bn turnover 

Romania’s IT&C industry hits $21.5Bn turnover 

Romania ITC industry
Photo from ANIS Romania

BUCHAREST, ROMANIA — The Romanian information technology and communication (IT&C) industry has achieved significant growth, reaching a turnover of €20 billion ($21.5 billion) in 2022, according to a new study presented by the Employers’ Association of the Software and Services Industry (ANIS). 

The findings were unveiled at the International Summit & Gala Award 2024, highlighting the sector’s substantial contribution to the national economy.

Industry growth and economic impact

The report, titled “Software and ITC Services in Romania,” details the IT sector’s strong influence on Romania‘s Gross Domestic Product (GDP), which stood at 14.2% in 2021. 

This includes a direct impact of 7.99% on the GDP. The study emphasizes that custom software development activities are the predominant drivers, followed by wireless telecommunications and IT consulting.

Corina Vasile, executive director of ANIS, commented on the industry’s international standing, stating, “It’s hard to sell consultancy from Romania on the international, developed markets. Our predecessors did a good job at building the country’s IT brand.”

Recognizing excellence in IT&C

The summit also served as a platform to celebrate outstanding achievements within the IT industry. A total of 10 awards were distributed across various categories out of 85 organizations vying for the honors. Notable winners included:

  • Startup of the Year: Bonapp, recognized for its innovative approach to combating food waste
  • Education Program of the Year: “A.E.R – the Alliance for Remedial Education,” a collaborative project by Brio.ro, Kinderpedia, LIVRESQ, and Magic School.
  • Software Product of the Year: Adobe Romania’s “Adobe Express” clinched this award for its impactful software solution.
  • Innovation of the Year: .lumen’s “Spatial Navigation A.I. through Glasses for the Blind” was highlighted for its groundbreaking technology.
  • R&D Project of the Year: .lumen again took the spotlight with its “Spatial Navigation AI through glasses for the blind.”
  • ESG Program of the Year: Societe Generale Global Solution Center was recognized for its “ESG Practice,” contributing to environmental, social, and governance initiatives.
  • Outsourcing Project of the Year: Qualysoft’s “Indonesia Digital Tax Administration System” was celebrated for its complexity and impact.
  • Company of the Year: AROBS Group was honored for its excellence and leadership in the IT sector.

Additional accolades included the Member of the Year award, which went to SeedBlink for its active participation in ANIS activities, and the Best Personal Contribution award, which went to Madalin Staniu of Black Bullet for his efforts in advancing the association’s goals.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image