Romania Leads Outsourcing Charge
East European, Middle-Eastern and Asian nations were in London in June 2004 to pitch for outsourcing business. Although it can't match the tax-free incentives of some states, Romania reckons it has other benefits to offer.
Romania led the charge last year at London's second OutsourceWorld conference, as it seeks to find more UK businesses willing to take advantage of its IT expertise which, in 1962, was responsible for building the first computer in a Communist-bloc country.
Despite these useful technical credentials the country is now keen to distance itself from its communist past and promote its suitability as partner for companies in Western nations who are looking for offshoring and outsourcing partners.
A dozen countries sent trade delegations at the OutsourceWorld exhibition and conference, which was squeezed into the smaller of the two Earls Court exhibition centres in London alongside a handful of other tech conferences.
Romania's presence was by far the largest - possibly due to the fact that it has largely been ignored by UK companies.
"Romania has some of the best human resources in the world for IT," said Florin Vrejoiu, vice president of Aries, the Romanian Association for Electronic and Software Industry, which has some 300 member companies.
This statement is sustained by numerous contracts Romanian IT companies begin to develop with large players on the global IT market such as Microsoft, for whom Romanian company GeCad recently developed an antivirus software application.