The largest market in South East of Central Europe
… access to high competencies and a growing market, where the costs are low and the quality is high.

Area:  Romania covers an area of 237,500 square km.
Borders: Romania has land borders with Moldova, Ukraine, Hungary, Serbia and Bulgaria.
Capital: Bucharest lies in the far south of the country on the plains of Wallachia, set between the Danube to the south, and the mountainous region of Transylvania to the North.

Local time: Eastern European Time Zone: GMT + 2 hours
Population: 21.673.300 (July 2004) / Bucharest: 2,207,000 (2004)
Language: Romanian
Government: Republic
Currency: Leu (pl. Lei)
Climate: Temperate continental with four different seasons.
Elevation extremes: Black Sea: 0 m – Moldoveanu Peak in the Fagarasi Mountains: 2.544 m
Member of EU  & NATO.

Reasons for doing business in Romania
1. Market: 21.5 million inhabitants, 50%  urban.

2. Attractive location: at the junction of three prospective European transportation corridors which allows easy access  to the countries of the former USSR, the Middle East and Northern Africa.

3. International agreements (Romania is member of: UE, NATO, UN and other international agreements)

4. Increasing international country rating Functional Market Economy Status granted by FMI, US and EU financial institutions.

5. Market growth: Romania’s GDP growth forecast to 1.5% this year.

6. Stable key economical sectors: financial, leasing, retail, utilities, telecommunications.

7. Romanian IT&C market grew by 6.0% to 8.82 billion euro ($12.6 billion) – 2010

8. 2010-2012 IT&C Government programs – areas of interest: transport infrastructure; environment protection; energetic system; educational and medical sector. Major IT projects required and sustained  by UE.

9. Human resources: multi lingual, well trained IT specialists.