SOFTWARE CENTER
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Banks-Insurance
Deutsche Bank’s Romanian Software Center 2018 Turnover Up 17% To RON261M, Profit Down 18% To RON19.5M
Deutsche Bank’s software center in Romania, which was established in 2013, reported a turnover of RON260.9 million (EUR56.1 million) in 2018, up 17% year-on-year, according to Finance Ministry data.
HR
Intel Closes Software Development Center In Bucharest
US-held Intel will close its software development center in Bucharest that it opened in 2010 and employed about 200 programmers, ZF has found.
Automotive
Elektrobit Opens R&D Center In Brasov
Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment.