Luxoft Romania
Luxoft Romania
«Luxoft Acquires Romania’s leading IT player - ITC Networks»Luxoft Telecom Practice
Luxoft Telecom Practice Luxoft has developed an in-depth expertise and offers professional services in the following areas:Luxoft Romania
Leveraging domain expertise, engineering excellence and exemplary people talent, Luxoft Romania is a leading IT outsouricng vendor to the telecommunications industry. Luxoft's superior IT outsourcing performance is reflected in its service to such flagsh telecom companies as Nortel Networks, Avaya and Trapeze Networks.
Luxoft Romania appeared as a result of a merger of Luxoft with ITC Networks (ITCN), a leading Bucharest-based software outsourcing provider specializing in the telecommunications industry. Founded in 2000, ITCN focused on delivering R&D, application development and customer support services in telecom, network management and embedded systems development domains.
Luxoft Romania continues ITCN's tradition of quality telecommunications industry service, as well as delivering product engineering and application development services to clients in other business domains. Additionally, Luxoft Romania offers the advantages of nearshore delivery to European organizations.
Luxoft Romania Benefits
- Some of the largest delivery capabilities in Central and Eastern Europe
- Best-in-class telecom industry expertise
- Shared legal framework with EU
- Ease of travel to European destinations
- Convenient time zones
- Best-of-breed processes and methodologies
- Financial stability
About Romania
For the following reasons, Romania is one of the hottest markets in Central and Eastern Europe for technology investment and trade.
- Strong domestic market. According to the European IT Observatory, Romania's 2007.
- IT demand was greater than €4.6 billion and grew at more than 20%, - that's twice the rate of the next fastest-expanding economy in Europe.
- Successful top-tier investors, including R&D centers from technology leaders such as Oracle, Freescale, Alcatel, HP, Infineon and Siemens, along with investments by Intel Capital and Microsoft.
- Excellent foreign language skills including 80% English proficiency, large pools of French and Italian speakers, and a large population of near-native German speakers.
- A friendly business environment for technology and services companies including a low flat rate corporate income tax, exemption of investment-related hardware and software purchases from customs duties, and exemption of software developer headcount from all personal income and payroll withholding taxes.
- A culture and tradition of excellence in engineering and mathematics, which includes more prizes in international design competitions than any other nation except for China, the United States and the former USSR.
Most importantly, Romania's skills in basic science, information technology and languages offer expansive, synergistic value that can not be found anywhere else.

