The Romanian IT Industry as an Economic Growth Engine
The latest study issued by iTech Transylvania Cluster by ARIES reveals that a number of 14.000 IT companies are currently acting on the Romanian market, generating a total turnover of EURO 4 billion and employing approximately 75.500 persons. According to the released data, 50% of these companies are concentrated in the two main cities of Romania: Bucharest (the country’s capital) and Cluj-Napoca (the 2nd city in rank).
The study has been conducted across 393 representatives of the largest Romanian IT companies and it shows a striking consolidation of the IT companies in the already known IT poles of the country: Bucharest and Cluj. Cluj-Napoca is also leading in terms of IT employees’ density from the total urban population: 1 out of 25 locals in Cluj is currently working in IT.
The active workforce from the IT sector concentrates mainly in Bucharest, Cluj, Iaşi and Timiş counties (73% of the total national IT workforce). The capital city – Bucahrest – hosts the biggest employers in the IT sector. Nevertheless, form the growth perspective, Iaşi, Dolj, Bihor, Constanţa and Gorj counties have recorded the most important number of employees in IT growth rates, with more than 30% compared to 2013.
The study also counts in addition to the 75.000 FTE in the sector, a total of 17.000 self-employed IT professionals across Romania.
The evidence of a total IT industry turnover of EURO 4 billion, stands for a 26% y-o-y growth in 2014. It is important to note that 60% of this turnover has been generated in Bucharest, followwd by Cluj with 11% and the rest of cities have recorded quotas less than 10% each.
The employee profile in the Romanian IT industry drawn out by iTech Cluster by ARIES study discovered that 25% of the employees are senior level specialists. The average income declared by the participants at this study is of av. EURO 500. Half of the responding companies declare to have the intention of an av. 16% wage increase by the end of 2015.
The main benefits offered by IT companies in Romania are trainings and holidays bonuses (av. 58%), performance bonuses (55%) and employee oriented events (51%). These are supplemented by financial support for special family events, medical insurance and restaurant tickets.
About iTechTransilvania by ARIES
The cluster for developing human resources in the field of advanced technologies – iTech Transilvania was established in the North-West region of Romania, having among its members organizations from Cluj, Bihor, Bistrita-Nasaud, Satu Mare. The cluster currently has about 50 members (SMEs, 2 universities, local institutions and NGOs).
About ARIES Transilvania
ARIES is The Romanian Association for Electronic and Software Industry, the largest and most influential organisation promoting the Romanian ITC industry.
Via ARIES Transilvania branch, the members strive to build a dynamic activity of the association in this area, to establish better cooperation among its members and to promote local interests at national and international level, in order to access available funds for European programs.
For those interested in more information on the presented study, please contact iTech Transilvania Cluster by ARIES, namely Ms. Bianca Muntean, Manager Cluster iTech Transilvania by ARIES.
article source: http://itech.aries-transilvania.ro/cati-bani-face-it-ul-romanesc-14-000-de-companii-75-500-de-angajati-si-venituri-totale-de-4-mld-euro/