Romania-the IT&C Harbour of the Black Sea Region at Systems 2005

This year, 24 companies will exhibit at the leading business-to-business exhibition for IT, media and communications, Systems 2005, between 24-28 of October 2005.The Romanian Pavilion has been organized by the Romanian Association for the Electronic and Software Industry (ARIES), an industry association with over 380 members and offices throughout the country, by the Romanian Ministry of Economy, Department for Foreign Trade, Romexpo, GTZ and Romanian Trade Promotion Center.Romania has become the hottest East European market for technology investment and trade. Some of the reasons include: *A large, growing and well-qualified technical labor pool. Romania has more engineering graduates per capita than the United States, 2X more than Russia, 7X more than India and 12X more than China; *Successful foreign investment including R&D centers from technology leaders such as Oracle, Freescale, Alcatel and Siemens, and investments by Intel Capital and Microsoft; *Excellent foreign language skills including 60% English proficiency, large pools of French and Italian speakers, and a large population of near-native German speakers; *Booming domestic demand for IT. According to the European IT Observatory, Romania's 2004 IT demand was greater than €3.6 billion and grew at more than 20%, twice the rate of the next fastest expanding economy in Europe; *Hospitable business environment for IT 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 tradition of excellence in engineering and mathematics, which includes more prizes in international design competitions than any nation except China, the United States and the former USSR.SYSTEMS is the most important autumn ICT exhibition for Southern Germany, Austria, the new EU member states and candidate countries for EU membership-a strong region with an investment volume of more than 150 billion euros. SYSTEMS is the perfect platform that allows you to take advantage of this enormous potential in the heart of Europe for your business. 59% of all SYSTEMS visitors do not attend other ICT exhibitions. The fair offers each and every visitor concrete utility-for their jobs, their careers and their companies. Special services underscore SYSTEMS’ appeal. The perfect infrastructure for your target groups: Clearly organized and embedded in exhibition halls that are transparent and feature modern architecture-that is what makes SYSTEMS so efficient. Visit us at Romanian Stand, hall A3, stand 454 between 24-28 of October!.About ARIES:The Romanian Association for the Electronic and Software Industries (ARIES) is the largest trade association for software and electronics in Romania. With over 380 members, including the largest Romanian-owned firms and major multinationals active in the country, ARIES represents over 80 percent of the industry. ARIES maintains its headquarters in Bucharest and has branches in Timisoara, Iasi, Cluj-Napoca and Brasov to assist interested trade investors. It is the primary partner in Romania of the European ICT Association (EICTA) and also partners with major associations in the United States, Europe and Asia. For these, and many other reasons, ARIES is your best entry point for Information & Communications Technology in Romania.