Romania

Deals/Contracts/Partnerships

• 1

  Spyrosoft Solutions announced a multi-year deal with Magna Electronics. Under the agreement, Spyrosoft is building a dedicated R&D centre in Timisoara, western Romania, to develop Magna?s newest ADAS systems. The scope of the services for Magna includes d

  Q4(Oct-Nov-Dec), 2022

EIIR Provider Solutions/Capabalities

• 1

  ALTEN announce the merger of its Delivery Centers in Romania and Poland into one unified entity ? ADC Eastern Europe. This year, it plans to hire more than 300 engineering consultants in Romania and more than 200 in Poland, and to inaugurate a new delivery site in Warsaw.

  Q1(Jan-Feb-Mar), 2023

• 2

  ALTEN Group to acquire Romanian tech company Qualitance. It has offices in US and Sydney and has about 220 employees.

  Q4(Oct-Nov-Dec), 2022

• 3

  CENIT plans to acquire the Dassault Syst?mes business of Romanian PLM specialist Magic Engineering

  Q3(Jul-Aug-Sep), 2022

• 4

  Tessolve has established center in Romania to grow its strategic presence in Europe.

  Q2(Apr-May-Jun), 2022

• 5

  Coherent opens center in Romania

  Q2(Apr-May-Jun), 2021

• 6

  Orion Signs Agreement to Acquire Romania-based Tellence Technologies. Establishes Romanian R&D center for software development; Expands strength in Telecommunications and Cyber Security

  Q1(Jan-feb-Mar), 2021

• 7

  Stefanini has launched a cybersecurity center in Bucharest, Romania

  Q1(Jan-feb-Mar), 2021

• 8

  Tellence Expands Collaboration withRedis Labs in Romania to Accelerate Cloud Product Development.

  Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Parimatch, a global gaming firm, planning to open an R&D centre in Bucharest and recruit a local team to implement the development strategy.

  Q4(Oct-Nov-Dec), 2022

• 2

  Infineon is growing its presence in Romania by opening an R&D center in Ia?i, located in the Palas mixed-use complex. Infineon engineers working here create semiconductor solutions for the automotive industry.

  Q4(Oct-Nov-Dec), 2022

• 3

  Marquardt? will open a R&D office in the north-eastern city of Iasi, Romania. They are going to develop the component in Iasi, hiring more than 50 experts in embedded programming.

  Q4(Oct-Nov-Dec), 2022

• 4

  HELLA to open its first research and development center in Ia?i, Romania. The center will accommodate a team of 100 engineers focusing on complex products and innovative technologies that develop autonomous (self-driving) vehicles.

  Q4(Oct-Nov-Dec), 2022

• 5

  Infineon acquired NoBug to strengthen expertise in IoT. NoBug is an engineering company providing verification and design services for all the digital functionalities of semiconductor products with approximately 120 engineers in Romania and Belgium.

  Q3(Jul-Aug-Sep), 2022

• 6

  AMD Expands European Engineering Capabilities With New Design Center in Romania

  Q4(Oct-Nov-Dec), 2021

• 7

  Continental is investing EUR 8 mln to expand its research and development centre in Iasi, in north-east Romania.

  Q4(Oct-Nov-Dec), 2021

• 8

  Porsche Engineering to open R&D Centre in Timisoara with 200 people

  Q2(Apr-May-Jun), 2021

• 9

  Acronis, a global cyber protection provider, has opened a R&D office in Bucharest Romania.

  Q4(Oct-Nov-Dec), 2020

Other News

• 1

  Continental completed a 40 million euro investment in the expansion of its electronic components plant in Timisoara, Romania.

  Q4(Oct-Nov-Dec), 2022

• 2

  OTE agrees to sell Telekom Romania (Fixed) to Orange Romaniafor €497m valuation.

  Q4(Oct-Nov-Dec), 2020

• 3

  Telekom Romania (TKR) is sold to Orange Romania for €497m valuation. TKR operates a nationwide fixed network serving approximately 930,000 broadband customers and 1.2m TV subscribers. In 2019, TKR generated €622m revenues.

  Q4(Oct-Nov-Dec), 2020

Previous Data

• 1

  HELLA founded new Global Software House with 2000 software professionals across Germany, Romania, India. Trend is creation of separate software unit/ software factory by auto firms.

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• 2

  Microsoft acquires 60 employees from Surface Duo OS partner Movial. Its not an acquisition of full company but the selected team at few locations including Romania.

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