Who We Are


The cumulated turnover of IT&C SMEs at the level of the EURONEST Regional Innovation Cluster IT & C Hub was approx. 17.3 million EUR in 2010, followed by a slight increase of 1.57% in 2011, reaching, in 2012, more than 21.6 million EUR.

From the perspective of the average number of employees, the evolution was similar to the turnover trajectory, with a jump of approx. 18% in 2011 and an apparent regression in 2012 (-1.3%), when it was registered at the level of SMEs within EURONEST Regional Innovation Cluster IT&C Hub, a total number of 447 employees. It should be noted, however, that many of the companies in the field choose to collaborate, for their projects, with short-term experts employed based of a civil service contract (AP) for which there is no estimation.

La aceste cifre se adaugă personalul membrilor de tip universități/organizații de cercetare-dezvoltare-inovare, care se ridică la aprox. 4.829 angajați (cf. datelor pentru 2012), ale căror venituri cumulate s-au ridicat în 2012 la peste 560 milioane lei, în creștere cu 12% față de 2011. Pentru anul 2013 se estimează o creștere cu minimum 15% a numărului de anagajați, tendință care se estimează că se va menține și în 2014, cu un salt până la 20-205%.

To these numbres is added the staff of the universities / research-development-innovation organizations, amounting to approx. 4,829 employees (according 2012 ‘s data), whose cumulative revenues amounted to over 560 million lei in 2012, up 12% compared to 2011. For 2013, an increase of at least 15% is estimated for the number of employees , a trend that is expected to continue in 2014 with a jump of up to 20-205%.
From the perspective of exports, two categories of companies operate within cluster: multinational subsidiaries whose export activity is overwhelming (70% -90%) and companies with Romanian capital whose export orientation is oscillating. However, the development plans for the next period show a growing export trend, even for those companies that have not reported exports at all in recent years. Cumulated, the value of exports in 2011 amounted to 18.024.975 lei, and in 2012 to 16.270.105 lei, registering a slight decrease (of 9,7%). For 2013, the value of exports reached 16.668,85 lei. The growth trend over the 2011-2012 period will continue in 2014-2015. On average, in 2011 and 2012, the export value of cluster members was approx. 22% of turnover. Cumulative, however, it is forecast that in 2014-2015 the export indicator will have an upward trend, with an average annual growth rate of 20-25%.

The technology investments of the cluster companies also experienced an upward trend after the effects of the economic crisis blurred. Thus, if in 2011 they amounted to 8.035.173 lei, in 2012 they reached 5.615.549 lei, while for 2013 and 2014 were estimated investments about 7 million lei/year. Of the total investments made in 2011 and 2012, technology investments accounted for approximately 30%, while in 2013 and 2014, they accounted for 40% of the total. Significant amounts of investment were made by cluster universities.

Expenditure on RDI activities has seen an upward trend in cluster companies and universities, although there is still a significant gap between public and private spending in RDI.


Founded in 2013 as field of development focused on research, innovation and IT services, EURONEST Regional Innovative Cluster IT&C HUB brings together profile companies in the North East Region (2000+ employees), 4 higher education and research institutions, local public authorities and non-governmental organizations / external facilitators with relevant experience / tertiary service providers on the value chain.
EURONEST Regional Innovative Cluster IT&C HUB aims to contribute to promotion and positioning, placement) of Romania and, in particular, of North East Region as follows:
• A competitive European provider of IT&C services and technologies and,
• Equally, as a priority European destination for research-development-innovation projects of major international companies,
thus capitalizing both of the skills of the local companies and of the human resources specialized in this field.
Compared to the geographic coverage, the number of founding members, the number of adherent members and the development potential, the EURONEST IT&C Cluster is expected to be the second nationwide, after Cluj-Napoca, dedicated to the IT&C industry too.
Cluster management is provided by the EURONEST Intercommunity Development Association (www.adieuronest.ro).

Facts & Files

Teritory: : North-East Region – Iasi, Bacau, Botosani, Neamt, Suceava and Vaslui counties (plus other relevant areas in the country).

Sector of activity: :  software and services; Information and communication technology.

CAEN Cods :

  • Main:
  • o Software and IT Services
    • Software product editing (CAEN 582);
    • ITC Services (CAEN 620);
    • Web Portals, data managing, websites managing and other activities (CAEN 631);
    • PC and equipment repairs (CAEN 951).
  • Secondary:
  • o ITC Industry. Electronics and Hardware
    • manufacturing electronics components (CAEN 582);
    • manufacturing computers and peripheral equipment (CAEN 262);
    • manufacturing communication equipment (CAEN 263);
    •  manufacturing consumer electronics products (CAEN 264).
  • o Telecommunication (CAEN 61)