Economies in Transition

East European IT

David Halperin of www.TechNewsWorld.com wrote a very interesting article on IT in Eastern Europe, in which he shows that “IT may become the region’s most dynamic industry”, all the while U.S. companies and Department of Commerce consider the technology and code-writing level of East European IT specialists of much higher quality than elsewhere. As with regards to Romania in particular, the author of the article is of the opinion that:

“Romania alone, one of the Eastern Europe countries that is quickly transitioning to software and services, is home to more than 2,000 software development firms. Romania might not be as advanced as some regions, but the country does its marketing better than anyone. As a result, it has attracted international attention. Several recent events in Romania have placed the country on the international technology map.

For example, authorities in Romania last week were investigating another suspected virus writer who allegedly authored a variant of the Blaster worm, which took advantage of a widespread Microsoft Windows vulnerability. (…) Microsoft recently acquired Romanian security company GeCAD, for instance. Another Romanian company, Softwin SRL, developed antivirus software called BitDefender that won first prize at the European IST awards and has been in the news again recently for discoveries about the SoBig.F virus.”

Source: www.ecommercetimes.com