ING’s hub in Bucharest is the only software development center of the Dutch group as Romanian engineers develop software applications and solutions for the ING branches throughout the world.
“We decided to turn the IT hub in Bucharest into a strategic center in mid last year and thus become software supplier for ING’s global operations. The team consisted of 40 to 50 people last year, and now we have grown to more than 250 employees,” Marian Ion, chief executive officer of ING Software Development Center, told ZF.
“Our plan is to grow to 500 employees by 2018.”
ING Services Romania, the operator of the software development center, had 257 employees at the end of October and plans to add more for a total of over 270 by yearend.
“About 10 or 12 people join us every month,” he added.
ING Services Romania posted 34.6 million lei (EUR7.6 million) revenue in 2015, up 90% on 2014 and net profit stood at RON9.7 million, up almost 7%.
Romanian engineers are developing core banking, ATM software, data management and financial markets solutions for ING branches in more than ten countries – Romania, Italy, France, Spain, Netherlands, Turkey, Czech Republic, Belgium, Slovakia and Luxembourg. (EUR1=RON4.5195)
(English version by Loredana Fratila-Cristescu)