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The software industry's input in Romanian economy was 5.4 billion Euro in 2018

According to the latest analysis of KeysFin, 17,000 companies operating in the Romanian software industry generate EUR 5.4 billion in turnover and employ 106,000 people generates 5.4 billion Euro in 2018 in Romania.

2018-12-06 10:24:48

In 2017, their turnover went up to 4.9 billion Euro, and this year is estimated to exceed 5.4 billion Euro, according to an analysis conducted by KeysFin. Since 2007, the software companies reported businesses increased by 150 per cent and compared to 2016, the boost was estimated at 5.4 per cent, a sign that this industry reached a maturity in the local economy landscape. The largest turnovers have been accomplished by multinationals such as Oracle Romania, with a turnover of 221 million Euro and a share of 4.5 per cent within the total volumes of businesses, followed by IBM Romania, with 195 million Euro, Ericsson Romania, with 159 million Euro, Endava Romania, with 82.5 million Euro and Atos IT with 73.3 million Euro. The top includes also Bitdefender, maintaining its position from 2017.

Also, the most performant company in terms of generating profits is Sap Romania, with 20 million Euro, but also IBM, Atos, Logic IT and Misys. The five companies generated 11 percent from the industry's overall profit figures.

The IT&C industry continues to top the employers ranking in Romania, with Microsoft Romania, Oracle Romania and Zitec ranking the first, second and third among the most appreciated companies by employees. Compared to last year, Microsoft Romania is climbing up one position, reaching the first position, while Oracle is climbing down on the second one. Zitec, a Romanian IT company, saw a strong rise in the employers' ranking.


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