The Economy of Romania
IT Outsourcing and UiPath
Bucharest and Cluj-Napoca have become tech hubs, with thousands of software engineers and home-grown success stories like UiPath.
A skills advantage.
Skills
Engineering education and English proficiency.
Outsourcing
Global firms use Romanian developers, and many IT workers get tax breaks.
UiPath
A Bucharest-born automation software company listed in New York in 2021.
Limits
Shortages of talent and pressure to rise in the value chain.
A dev team
A Cluj firm builds software for a Western bank.
Assuming outsourcing guarantees high value
Design and product ownership matter.
Key takeaways
- Tech hubs have grown.
- IT workers get tax breaks.
- UiPath is a global firm.
- Talent is limited.
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