Romania’s IT sector to reach 12% of GDP until 2025

Romania’s IT&C sector will increase to 12% of the GDP in 2025, from a current value of 6% of the GDP, said Marian Popa, head of DB Global Tehnology’s IT center in Bucharest, reports local Mediafax. DB Global Technology is the software division of Germany's most important lender Deutsche Bank. "Romania will become Silicon Country in the coming years and has all the conditions to turn the IT sector into the economy’s iron pillar,” said Popa. At the moment, Romania has about 150,000 employees in the IT sector, who produce 6% of the GDP. This means EUR 10 billion of a total of EUR 170 billion. The IT&C sector has reached the same share in GDP as agriculture, with ten times less people working in the sector. If the sector continues to go up, it could reach between 230,000 and 250,000 employees by 2025. Deutsche Bank Global Technology, which develops software in Romania, has 800 employees in the center of Bucharest and targets 1,000 employees for the end of this year. Romania has the largest number of IT&C employees in CEE editor@romania-insider.com