One Israeli company, however, is giving hi-tech firms the opportunity to contract out their research and development.
The services this company offers are almost like double outsourcing. A business that needs outsourced research and development approaches Sytron, an Israeli company founded in 2000, and Sytron in turn employs and manages teams of engineers in Romania.
"Romania is a very interesting place," Sytron Chief Executive Officer Yiftach Lorch told United Press International in a telephone interview. "They have talent that we manage using Israeli research and development experience."
"(The country) is strategically located ... (and fast-growing), though the economy's absolute figures are still low."
