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August 4, 2021

Bucharest, 8th place in European outsourcing destinations rankings

+ One of Romania’s trump cards: over 80 pc of its urban population is fluent in English (CBRE)

Romania’s capital is one of the important destinations for companies that offer outsourced services, being 8th in the rankings included in a Tholons 2015 report, while Romania is on 20th place in an AT Kierney 2014 report, climbing seven places compared to 2013.

More than 50 per cent of real-estate transactions made in Romania this year were made by outsourced services companies – IT, human resources and other business services.
The business volume generated by outsourced services has grown 40 per cent in the last 4 years, according to a survey published on Wednesday by CBRE Romania. The specialists of the aforementioned real-estate consultancy company estimate that the growth will not slow down in the future. When it comes to shared service centres, the growth is even higher, their number basically growing threefold in the last 4 years.

The CBRE survey also shows that almost 67,000 employees work in the outsourced services sector, shared services centres and outsourced IT services and that 2016 will bring another 5,000 jobs in these industries. Apart from the software and telecommunications industry, outsourced services companies are the largest providers of white-collar jobs in Romania. Most outsourcing companies, more than a quarter of them, come from the United States, not surprising at all considering that over 90 per cent of the Romanian urban population is fluent in English.

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