The Romanian software and services market will reach EUR760 million this year, 8% more than in 2010, according to market estimates, but the growth mainly depends on the unfreezing of public sector projects, which could also lead to a development of the server and PC market.
According to officials of software companies, 2010 was a year of consolidation for the Romanian software market.
The largest companies on the Romanian software market had mixed evolutions last year. The main differences were accounted for by the signing of major contracts with the Romanian state and by the different trends of the Romanian IT market.
On the software market, the Romanian subsidiary of American company Oracle became no. 1, leaving behind Romanian company Siveco. Oracle Romania remains one of the largest employers on the Romanian IT market, hiring more than 300 in 2010, mainly software specialists.
The Romanian IT&C market has remained the same as last year, at nearly EUR4 billion, says Irina Socol, president and founder of Siveco.
“It is a small market and I think efforts need to be made in view of fast computerization,” she adds.
Siveco last year posted a turnover of EUR54.8 million. This year the company hopes to record 15% growth and reach a turnover of more than EUR70 million, mainly focusing on international projects.
On the other hand, in 2010 the Romanian subsidiary of the world’s largest software producer Microsoft did not record growth compared to 2009.
BitDefender, another Romanian company, also ranks among the top software producers in Romania, and is the leading Romanian producer of IT security solutions, with a presence in over 100 countries through a global network of partners (distributors and resellers). The company was set up in 2001, and in 2007 broke away from the Softwin group held by the Talpes family. At present the security solutions producer is fully controlled by BitDefender Holding, registered in the Netherlands. In 2010 the company posted a EUR28.9 million turnover and a profit of around EUR240,000.
(English version by Daniela Stoican; Editing by Oana Gavrila)