Israeli company Ceragon Networks opened a telecom research and development center in Bucharest last April, a USD 1 M-plus investment. The highly trained workforce was main reason for Romania being chosen the investment. “The decision to open the laboratory in Romania was reached in December 201, in April of this year it was operational already, and today <Tuesday, Sept 11>, we made the official announcement public,” Ira Palti CEO Ceragon Networks, told a press conference yesterday, who added that in its first year of operation, the investment exceeds USD 1 M and includes research and testing laboratories. Present at the event, Communications Minister, Dan Nica said he would continue supporting any IT&C investment by foreign companies in Romania, which would reduce the number of those seeking employment abroad. “During my first ministerial term of office, 2000-2004, I met with Romanians who worked in the Silicon Valley. Now, I meet with Romanians who run local subsidiaries, centers and laboratories of some large IT&C companies such as IBM,” Nica said.He added that other major IT&C players too will make similar announcements in the coming period, an action also supported by the passage on Aug 1 of the 100 M euro state assistance scheme that has in view financing of salary costs for highly trained staff.
