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Outsourcing News : Article

Romania: Domestic IT Market Expected to Reach $1.3 bln in '09

Romania's IT market is estimated to grow at an annual pace of 10% and exceed $1.3 bln in 2009, with the number of people employed in the IT industry expected to go up to 37,850 in 2009, from a current 30,620, ACT Media news agency reports.

Romania's IT market is estimated to grow at an annual pace of 10% and exceed $1.3 bln in 2009, with the number of people employed in the IT industry expected to go up to 37,850 in 2009, from a current 30,620, ACT Media news agency reports.

This means that over 7,200 new jobs in the IT industry will be created in the next five years, according to the findings of a recent study conducted by International Data Corp. (IDC).

Employment with software companies is currently 52% of the total jobs in the IT&C industry, a percentage expected to reach 63% in 2009, while spending for computer software is 15% of the total IT outlays.

Posted: Tuesday, October 18, 2005

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