Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. More than a third of Romanian IT companies...

More than a third of Romanian IT companies continue recruiting plans

February 17, 2022

Over a third of IT companies in Romania (36%) continued the recruiting plans they used to have before the pandemic, while 60% of these organizations had a business figure 50% higher in 2020, compared to the previous year, according to a study made in semester 2, 2021.   According to the Focal Hive study “Romanian Software Industry Survey 2021”, technologies with the highest adoption degree in the next two years in Romania are Artificial Intelligence and Machine Learning (74%), while cloud computing continues to be in the preference top for storage and developing new solutions (79%). Specialties most sought by Romanian companies will remain the ones involving general software development (22%), followed by Business Intelligence & Analysis (13%), UX Development (12%) and Cyber security (11%).   As for the evolution of the business figure of Romanian companies in the software industry, it was rising in 2020, against the previous year, with percentages between 11% and 50% for 60% of respondents. In comparison, 26% of IT entrepreneurs participating in the study recorded a low business figure, according to the type of activity carries out by the company.   According to the source, the socio-economic crisis generated by Covid 19 virus has a moderate positive impact for 25% of Romanian IT companies. Thus, half of people interviewed noticed a profit increase while for the rest profit maintained the same or went down.   Challenges concerning the team or relations with clients were the most difficult to manage in 2020-2021, being closely followed by financial challenges and uncertain projects, according to data centralized in the specialized study. In that context, 36% of IT companies continued their recruiting plans they used to have before the pandemic, while 28% stopped recruiting.   On this background, the marketing component suffered essential changes in the iT sector, in 2020, and compared to the previous period half of respondent companies completely gave up the marketing budget, at least in the first part of the pandemic crisis and only 6% increased those funds and reoriented to digital channels.   In the innovation segment about two thirds of managers in the software industry (64%) confirmed that for 2022-2023 it will represent a decisive factor for success. At the opposite pole, the study shows a reduced preoccupation for the increase of diversity and the reduction of social inequalities in companies.   As for the involvement in educational programs meant to support the development of new specialists,43% of leaders interviewed have planned to set up programs addressed to students, educational webcasts and podcasts, 11% being already involved in mentoring activities. At the same time, 17% of managers said they were not interested in such programs and do not include them in their plans.   The Focal Hive study “Romanian Software Industry Survey 2021” was made over July 11 – October 12, 2021, on a sample of 53 representative companies at national level.   Focal Hive is a marketing agency offering strategy and impact programs for organizations activating in B2B.  

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/more-than-a-third-of-romanian-it-companies-continue-recruiting-plans/95858
Read in full - click here
Number of Romanians at risk of poverty drops by 375,000 in 2024

The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]

EPPO investigates EUR 54 mln Sibiu airport project, targets possible tender fraud

The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]

Bucharest taxi driver who scammed Nobel Prize laureate detained by police

A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]

Romanian entrepreneur digitalizes UK construction sector with ERP solution

Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]

Border checks between Bulgaria and Romania officially removed as of July 1

Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]

Remus Vulpescu takes over from Adrian Tănase as CEO of Bucharest Stock Exchange

Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds.  Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]