Salaries at Romania’s first “tech unicorn”, up to 30% above market average

UiPath, an enterprise robotic process automation (RPA) software company founded by Romanian entrepreneurs Daniel Dines and Marius Tirca, wants to attract the best IT specialists in the country and for that it offers salaries that are 20-30% above the market average. The company has recently raised USD 153 million in a new funding series, following a year of record growth, which made it the first Romania-founded “tech unicorn” as the company is valued at USD 1.1 billion. "We know the salaries in the market and we pay 20-30% above the market," UiPath CEO Daniel Dines told local ZF Live. Thus, a good IT programmer working for the company in Bucharest can make EUR 3,000 net a month. By comparison, the salaries in the IT sector in Romania stay at EUR 1,100 per month, according to the National Statistics Institute (INS). The average wage in Romania is EUR 500. UiPath was founded in Romania but is now headquartered in New York. It specializes in developing virtual robots (digital workers) based on artificial intelligence that carry out repetitive tasks in various business sectors. The company now employs more than 590 people in 14 countries. It also has a network of more than 120,000 RPA developers worldwide. Irina Marica, irina.marica@romania-insider.com