Benefits of setting up your own near shoring company in Romania
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?? Romania expert (>20 years) - Freelance Recruiter/HR professional - Experienced multi-lingual interim manager - Key Ambassador JobFunders
Enjoy the benefits of establishing a "near shoring" company in Romania or use our nearshoring services in Romania.
If you are looking for software projects to outsource, nearshoring in Romania is an ideal solution due to the lack of specialists. The country has a robust supply of highly skilled software developers and a proactive attitude. In addition, Romania has an excellent digital infrastructure, low cost of living and broadband internet, making it a desirable destination for nearshoring. With our services, you can set up a company. You can then choose from one of the two business and incubation centers we operate and ensure full control over your nearshoring activities.
Increase activities in our business and incubation centers in Romania
Our Business Center offers flexible office environments along with a range of all-inclusive services to efficiently manage your business operations. You can turn to us for professional business addresses, accounting help, legal assistance or other administrative support. By using our comprehensive services, you can focus on growing your business while we take care of the operational aspects. With our 20 years of experience with foreign clients, we are the fastest and easiest option for setting up Romanian businesses at competitive rates. Our process is effortless even if you are not physically present in Romania. We provide the necessary documentation in both Romanian and English. After you sign the documents, your business will be up and running in no time.
Professionals and experienced programmers in Romania
Recent decades have seen international companies' aroused interest in Romania, and the professionals in it have adapted smoothly to Western business culture. The IT sector has enjoyed government support and foreign investment, making a large pool of experienced programmers accessible. In addition, there are numerous universities scattered throughout the cities that train students and prepare them for the job market.
Excellent technical training
In Romania, it is important that students build computing knowledge and skills, as well as acquire a solid foundation of STEM (science, technology, engineering, mathematics) subjects. This keeps the country at the forefront of human capital.
Advantage of Location
The benefits of a particular location can often provide a competitive edge. Companies may gain from being in an area with a large customer base or access to resources that are not available elsewhere. Additionally, locations that offer tax incentives, infrastructure, and a skilled workforce can also make a business more attractive. By strategically choosing the right location, companies can gain an advantage over their competitors.
Traveling to Romania is easy for European companies, with a flight time of only 2-3 hours and a reliable network of airports across the country. In addition, the country offers direct flights from almost all areas of the world, making it an attractive location for international cooperation.
Focusing in the IT-sector
Gaining expertise in the Information Technology (IT) industry is becoming more and more popular. As the demand for IT professionals grows, the need to specialize in the field increases. By honing in on a particular aspect of the IT sector, individuals can become more valuable to employers and see greater career growth.
A rising trend can be observed in Romania's IT market, with specialization emerging in different sectors, such as AI, cybersecurity and blockchain technology. Romanian software developers show a broad knowledge of programming languages, such as JavaScript, Java, Python and PHP. In addition, the popularity of language such as Kotlin, Swift, Scala and Ruby is also rising in Romania.
Relocation of Businesses
The movement of companies to various locations is something that has been happening more and more as of late. This shift is often due to the need to be closer to customers, access new markets, or reduce costs. Additionally, the relocation of businesses can also lead to increased productivity as well as improved quality of life for employees.
Because of the increase in software development in Romania, there has been a change in the location of companies. While Bucharest used to be the only place, many R&D centers have now established their bases in university cities such as Targu Mures and Craiova. This gives them the opportunity to recruit well-qualified developers outside the capital.
Improving living standards and cost savings in Romania
In Romania, IT professionals have low living expenses and salaries that are above average. These factors make them motivated to stay in their country and develop professionally, which benefits companies that hire them.
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Labor conditions in Romania
In recent years, the employment situation in Romania has undergone significant changes, leading to an increasing need for professionals in the technology industry. In Romania, employees are paid monthly, which includes employer taxes. These taxes cover social security, health insurance and unemployment insurance. Romanian workers are usually not entitled to a 13th and 14th month or a company car, and also do not have a pension plan.
Behavior with languages
An essential element for communicating successfully in any language is the possession of good language skills. These skills encompass a wide range of knowledge, including vocabulary, grammar, reading and listening skills, as well as writing skills. Using these fundamental elements, which form the basis of good language skills, people can understand what they hear, read and write. For this reason, dexterity with language is an essential element for effective communication.
In Romania, thanks to access to good universities and schools and openness to Western culture, many young professionals have a good knowledge of English. They also master skills in languages such as French, Italian, Spanish and German.
No difference in culture
There is no cultural gap between people of different backgrounds and cultures. Although there are different cultural backgrounds, people share the same values and norms. Although we sometimes have different ways of doing things, share the same ideas and have the same kinds of values, there is no fundamental difference between cultures.
In Romania there are no major cultural differences that make cooperation with a nearshore software development partner easy. There is an agreement regarding work ethics, working hours and expectations, as well as a common understanding of what the goal of the project is.
Recruiting solutions provided by us in Romania
We offer companies a unique recruitment service. Our "organized recruitment" system is focused on finding IT professionals. Those responsible for recruiting the best employees for their organization know that this is an ongoing challenge. If you are looking for reliable best practices and up-to-date ideas regarding recruitment, interviewing and selection, you have come to the right place. We offer customized services and provide you with individuals with the necessary skills and experience to fit your organization. In addition, you can also contact us for temporary fillings; the cost for these freelancers ranges from €200 to €400 per day, depending on their level and experience.
Reducing costs by nearshoring to Romania
When onshoring is too costly, nearshore software development can be an affordable alternative. Outsourcing a short-term software development project to a nearshore partner is often more efficient than employing an in-house team because it involves many costs such as recruitment, office space, training and team building. Nearshoring saves time and resources because the company does not have to set up and maintain a team itself. Nearshoring to Romania is the best solution: full control at local rates. We advise companies to set up a company in our business and incubation centers to start under our guidance.
Gaining Access to Talent
One advantage of working with a nearshore partner/own local company is gaining access to a wide range of expertise that may not be available locally. Outsourcing all or part of a project to a nearshore partner/own local company allows one to take advantage of quick and flexible staffing, which helps meet goals and ensures quality.
Vast reservoir of talent
In Romania, there are more than 220,000 IT professionals eager for opportunities to gain experience and work for international companies. It is one of the most attractive IT markets in Eastern Europe, with more than 30,000 companies in the sector. Bucharest, Cluj-Napoca, Ia?i and Timi?oara have thriving technology industries. It is also noteworthy that Romania leads the way in reducing the gender gap in the tech sector, with a quarter of professionals being female.
In Summary
Companies looking for software development can benefit from nearshoring in Romania. The country has experienced developers and professionals with a high technical level, good digital infrastructure and a favorable time zone with low costs. By using nearshoring, companies gain access to talent, cost savings and a broad talent pool. Romania is therefore an attractive destination for software development in Europe. You will achieve the best results by setting up a company in our business and incubation centers, aimed at strengthening your business and using our recruitment services for employees and freelancers.
The impact of COVID-19 on businesses is undeniable. It has had a significant impact, disrupting operations and causing many companies to suffer financial losses. Companies have had to adapt to the new reality by making changes to their plans and strategies. They have had to focus on cost control, diversifying their customer base, and leveraging technology to stay competitive. Additionally, many have had to reduce their workforce and make other difficult decisions. It is clear that the coronavirus has had a major effect on businesses around the world.
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