Monthly Archives: July 2007

Exchange rates and associated risks to outsourcing Romania

The last few weeks have increased the pressure on the Romanian IT outsourcing providers. RON is stronger against EURO thus making the Romanian software services exports to EURO countries more expensive. As most of the Romanian outsourcing providers operate their … Continue reading

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Nokia building factory in Romania

Nokia is building a factory 18km from Cluj on 160ha land. They will invest 60million EUR and plan to hire 3000 people over the next 3 years. 6000 candidates applied for the first 500 jobs available by the end of … Continue reading

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