ANIS: fewer new contracts, layoffs, fiscal instability for Romania's IT industry in 2024
<p>For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association of the Software and Services Industry (ANIS) for <a href="https://economedia.ro/anul-2024-pentru-industria-it-mai-putine-contracte-noi-concedieri-instabilitate-fiscala-corina-vasile-anis-it-ul-romanesc-a-stagnat-dar-ram%c8%83ne-un-exportator-net-important-care-sunt-perspe.html?mc_cid=e939893b7c&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Economedia.ro</a>.</p>

<p>It was a year of layoffs, and in terms of volume of activity, the quarterly industry reports show that Romanian IT has stagnated in the last two quarters.&nbsp;</p>

<p>At the same time, the sector remains an important net exporter.&nbsp;</p>

<p>The impact of the fiscal amendments was mainly on labor costs, which increased by approximately 5-10%,</p>

<p>Besides fiscal instability, another major challenge came against the backdrop of the unfavorable global context, according to Corina Vasile, executive director of ANIS.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Sarinya Pinngam/Dreamstime.com</a>)</em></p>