Its findings were published in the ‘Cei mai mari jucatori din IT si telecom 2017’ (`Key players in IT and telecom 2017) yearbook.
The 191 companies that said their main office was in Bucharest posted more than 6 billion lei (about EUR1.3 billion) revenue together and employed an average number of 23,786 people last year. Ten more companies are based in Ilfov County, and they posted almost RON400 million revenue and had more than 1,800 employees, which means Bucharest attracted half of the 400 largest local software companies.
The second most important city for Romania’s software industry is Cluj, where the 67 companies among the top 400 posted RON2.1 billion revenue and had 10,989 employees on average in 2016. Quite far behind in both respects are Timisoara, Iasi and Brasov.
The 400 largest software companies in Romania posted RON10.42 billion revenue in 2016, up 19.3% on 2016. Local market leaders were US-held Oracle and Romanian-owned security solutions vendor Bitdefender.
A survey by software and services industry association ANIS and consultancy and research company Pierre Audoin Consultants (PAC) put total software and IT services market at EUR3.6 billion in 2016.
(English version by Loredana Fratila-Cristescu)