Romania could lose major investments if it doesn't support IT sector

Romania will continue to be competitive on the global IT
workforce market, but if the administration does not act fast to
promote opportunities in Romania, neighbouring countries will
absorb all the investments that big IT companies want to conduct in
the region, says Mihai Tudor, 49, general manager of IBM Romania,
local subsidiary of the world’s largest IT services provider.
“There are many IT companies that have developed facilities in
Romania and can expand them, but are reluctant to do so because of
a perception of lack of effectiveness in providing and
communicating incentives to develop these businesses in Romania,”
Tudor told ZF in an interview. “Market surveys reveal that five
years from now we will no longer be sufficiently competitive
globally. But during these five years, we have to be a top
competitor for IT jobs because this can only bring us exports,
jobs, and, importantly, know-how transfer.”