The IT is a 22 million lei sector employing almost 100,000 people. Nearly 9,000 people were employed in the IT sector in 2014, considering a total of 40,000 people were laid off at the level of the 25 most important sectors, according a ZF analysis based on the data of the Ministry of Finance.
Ziarul Financiar compiled an analysis of the trend registered by the most important 25 economic sectors in 2014, based on the CAEN data at the Trade Registry. Companies operating in these 25 fields posted total revenue of RON884 billion in 2014, accounting for 80% of the economic sector. The figures only include the 480,000 companies that submitted their balance sheet in 2014, 4,000 more companies than a year before.
The sectors with the highest exports are some of the top rated, such as the car sector, accounting for a third of all exports, as well as the pharmaceutical and textile industries. The textile industry is manufacturing for the largest fashion brands worldwide and annually makes EUR5 billion exports of a total of EUR52 billion.
The economic analysts expect the IT sector equally becomes an export engine such as the car sector. The qualified workforce paid a couple of times cheaper than in the Western Europe as well as the favorable geostrategic position is placing Romania among the top IT companies.
The wholesale sector was the largest economic sector in 2014, including the wholesale of food and domestic use products, as well as the wholesale distribution of medical drugs, the trade with furniture, agricultural products or fuel.
The retail trade, a RON145 billion market increasing by over 5% in 2014, ranked 2nd, meaning Romanians started to spend money on food, garments, electronic appliances or furniture.
The companies in the constructions sector have not managed to bring added value to industry after posting annual decreases between 2009 and 2013, to almost half of its value.
(English version by Manuela Panescu)