Why attend

Why Romania

Romania competes with the other EU and non EU countries, it has a few important advantages in attracting big blockchain businesses and aspiring entrepreneurs in search of a business-friendly jurisdiction for the development of a blockchain company

  • In 2018, Romania ranked second in a worldwide survey ordered by ING Bank, and first among the EU countries, with 12% of the population owning cryptocurrencies and at least 3/4 of the population having heard about them
  • Over 120,000 programmers with an annual growth of a further 10% within 12 months
  • Excellent IT&C infrastructure – Romania ranks 5 worldwide in the Speedtest Global index in terms of internet connection speed and is on the second place in Europe after Monaco. This unique strong point also attracted a lot of datacenters developers, offering a strong backbone for any IT project
  • Excellent English, French, Spanish and Italian skills for Romanian specialists; over 90% of the Romanians studied English as their second language in schools
  • The new regulatory framework to be adopted in the coming period by the Romanian authorities
  • Attractive tax policy with the possibility of negotiating new benefits for technology companies in the near future
  • Low cost specialist labor force
  • A highly appreciated lifestyle by the expats in Romania, with a lower cost of living and a higher quality of life coupled with high safety