Romania, located in southeastern Europe, has a tech-savvy population of over 19 million and a strong STEM education system that produces thousands of ICT graduates each year. The country’s IT sector plays a vital role in the economy and is projected to grow at a CAGR of 9.46% between 2023 and 2028.
With a highly skilled talent pool of over 95,000 developers and employer taxes as low as 6.25%, Romania offers a cost-effective environment for businesses.
Bucharest, often referred to as the ‘Silicon Forest,’ is home to thriving tech hubs specializing in emerging fields such as AI, blockchain, and cybersecurity.
Its high English proficiency, strategic European location, competitive costs, and stable business climate make Romania an attractive destination for offshore development teams.
Romania’s thriving tech ecosystem, highly skilled workforce, competitive cost structure, and strong focus on innovation position it as a leading destination for software development. The country boasts a rich pool of talented developers proficient in various programming languages and cutting-edge technologies. Its well-established IT education system and growing number of R&D centers foster continuous learning and technological advancements.
Additionally, Romania’s strategic location within the European Union, coupled with its strong English proficiency, ensures seamless collaboration with international partners. These factors make Romania an attractive choice for companies seeking high-quality, cost-effective software development solutions.
