In order to accelerate growth and remain competitive in the industry, many companies choose to outsource part of their IT services to a reliable and trustworthy partner, often in a different country (nearshore outsourcing) or continent (offshore outsourcing).
According to 2021 Daxx report ranked Romania in the top 5 countries with the biggest growth in Eastern Europe. A 2017 biz30 study, ranked Romania as the fastest growing market in the European Union with a 5.7% growth rate. Romania’s abundance of professional, multilingual, highly-skilled labor as well as its cultural proximity to Western Europe made the country a preferred outsourcing hub for European and North American companies. Investors have labeled Romania as an “outsourcing valley” for Information Technology Outsourcing(ITO), Business Process Outsourcing(BPO), software development, research programs, knowledge process outsourcing operations and shared services.