Loschinin said the acquisition of Romanian company ITC Networks in July 2008 was a very good deal even if Luxoft was affected by the economic crisis soon after tapping the Romanian market.
According to Loschinin, Romania ought to be more aggressive when it comes to providing new facilities for investments in its education system and supporting programmers throughout the process of starting up their own business.
Loschinin said Luxoft might open a new development center in Romania.
Luxoft, founded in April 2000 in Moscow, as a part of IBS Group, has development centers in Russia, Romania, Poland and Ukraine, and sales locations in Great Britain and USA.