UiPath, which for 2020 reported RON1.216 billion turnover, up 89% on 2019, thus for the first time beat giants such as Oracle or IBM, which have traditionally dominated the rankings of the largest IT companies. With this turnover value, UiPath also became one of the ten largest IT&C companies locally.

UiPath moved its central headquarters to New York, but kept a significant part of its service providing, development and R&D activity in Romania. This is also most likely the reason why UiPath reports such a turnover volume locally, as the company did not carry out any large program with the public sector or other private clients.

(English version by Catalina Apostoiu)

Subiecte #earnings#uipath