CIO Applications Europe
Forget Dracula, a new legend is being born in Romania.
Europe’s fastest growing economy is also one of its most innovative. A decades-long tradition of first-rate STEM education has produced some of the finest minds in technology. Romanian IT workers are known around the world as some of the industry’s best… but now this IT outsourcing leader is growing up. Romania is rapidly becoming an epi-center for tech innovation.
Join us and become part of the legend.
INNES Worldwide’s innovation center is located just outside of Craiova, Romania’s sixth largest city. There are too many good reasons for you not to consider doing business here.
A young, vibrant, talented workforce awaits you in a corner of Europe with low prices and low taxes. See why Romania is a top choice for penetrating new markets, globalizing company operations and establishing new supply chain partners.
Romania’s geography and EU membership bring great benefits
European Union Member
An EU member, Romania offers “back door” entry to some of the world’s top markets
Emerging CEE Giant
Critical Central and Eastern European player. Growing regional trade and cooperation
Gateway Beyond Europe
Easy access to CIS nations, Middle East and Africa
Romania’s economic outlook is one of Europe’s brightest
Growing economy driven by strong exports and industrial output
“One of the most financially stable and resilient of EU countries”
Shift to Innovation
Long IT outsourcing resource now shifting to homegrown innovative companies
Romania’s workforce is educated and engaged
Decades old tradition of excellence in science, math and tech education
98.8% literacy rate
High-tech workers among youngest in Europe help to drive innovation
Romania’s infrastructure is rapidly growing
Super-fast connectivity. At 38.6 mbps ranked fifth in world
17 Billion in new highways coming with new road to Craiova under construction
Infrastructure building boom
New infrastructure coming: from trains to ports to water to hospitals.
Romania offer lower costs and taxes for companies and their workers
Lower cost of living than Western Europe for workers
Craiova, Romania is more the 50% cheaper than cities like London, Vienna and Paris
Lower cost of living than most CEE tech hotspots
More than 12% cheaper than Warsaw, Prague and Budapest
Lower operating costs for companies
SMEs can set up shop at radically lower costs than elsewhere in Europe
Low labor costs
One of lowest in EU; as much as one-fifth of cost of Western European and American workers
Incredibly low taxes
Corporate tax rate is 16% and personal income tax rate is 10%
Great diplomatic and economic relations
Romania plays an active role in NATO. Bases for many allies. Good friend to US and Western Europe
Politically stable in country and ties with European neighbors
Means no customs duties for Intra-Community transactions
Growing access to sources of funding
European Union Funding
Romania is the beneficiary of billions of funding from the EU to build infrastructure and create jobs
Foreign Direct Investment
FDI is sharply increasing; emphasis on tech sector
The UiPath Effect
New investment funds, new angels are emerging as Romania is recognized as tech leader
If you can’t join us in Craiova…
Not everyone can be physically present with us in Romania.So you can join us virtually, or let us come to you.
INNES’s global platform provides access to some of the tools that set INNES apart. Tap into INNES on your laptop and connect with our team of expert advisors, participate in educational programs and access the information you need most.
We’re always just a plane ride away…
INNES tech pros love to travel.For select opportunities we can work with you on-site at your location.