“Along with Bulgaria, Romania remains competitive in the battle for strong IT&C investors, compared to other states in the region, such as Slovenia or Croatia. Our edges are the good training of the workforce, foreign language skills and the relatively low labor cost,” Tudor said.
He added that, in the long run, Romania must not rely on these elements alone, and it needs to become innovative.
“Innovation is low in Romania. We import almost everything in IT&C. Romania needs to become innovative, to take a step in this direction, to develop innovative products, which would later be exported. In addition, Romania needs to improve education, to support innovation,” the IBM representative said.
He added the IT&C segment will greatly help develop Romania’s economy in the future.
IBM Romania was founded in 1995. In 2010, the company posted sales of 227.02 million lei (EUR53.4 million), compared to RON216.6 million in 2009. At the end of 2010, the company had over 660 employees.
IBM is the largest international supplier of IT services. (EUR1=RON4.3329)