Expanding Horizons: SPD Technology Settles in Romania, Bolstering European Market Reach
SPD Technology Broadens Its Global Presence in Romania: Establishing a Local Subsidiary
In a strategic move, high-flying tech firm SPD Technology has planted its roots in Romania, solidifying its footing in the vibrant European market. This step signifies another chapter in the company's mission to conquer the continent and solidify its regional standing.
The selection of Romania as a fresh frontier for SPD Technology was no random choice. The country flaunts a burgeoning IT sector brimming with 200,000 specialists, a robust technical education system, and active technology communities. It's a tech-lover's paradise that's ripe for the picking.
As Oleksandr Sadovsky, Co-CEO & Co-Founder of SPD Technology, puts it:
Founded in 2006 by Oleksandr Sadovsky and Bohdan Khaliapin, SPD Technology is an international powerhouse in software product development and technology consulting. With roots in Ukraine, the firm has been creating tech magic in various industries, including fintech, e-commerce, logistics, retail, healthcare, biotech, cybersecurity, and beyond. From humble MVPs to game-changing tech such as an AI-driven capital markets insights platform, advanced medical simulators for biotech DNA sequencing, and a high-load analytics system processing over 70 million records, SPD Technology prides itself on excellence in delivery.
Their client roster includes fast-growing startups, Fortune 500 companies, and industry leaders such as PitchBook, Morningstar, Roche, and more. With over 19 years under its belt, SPD Technology boasts two development centers in Ukraine (Kyiv, Cherkasy), representative offices in the United Kingdom (London) and Cyprus (Larnaca), and remote teams operating from over 31 countries worldwide. They help businesses across the United States, UK, Israel, Switzerland, Mexico, and beyond, drive growth, innovate, and gain a competitive edge.
With a global footprint expanding and a growing team, SPD Technology continues to make waves in the international tech scene.
Forging Ahead: About SPD Technology
SPD Technology is a globally acclaimed software development company, with delivery centers scattered across Europe. Since 2006, we've teamed up with startups, SMBs, and enterprises to fuel innovation and reap growth. Today, four of our clients each generate over $4B in yearly revenue – a success story we're proud to be part of.
Equipped with proficiency in fintech, digital payments, AI/ML, data engineering, and cloud, we've produced over 460 custom solutions – from MVPs to enterprise-grade platforms, including AI-driven insights tools and large-scale analytics systems.
Whether bolstering engineering teams or crafting end-to-end software solutions, we assist businesses to accelerate automation, cut costs, and shorten the path to insights and market entry.
Join us in our relentless pursuit of excellence at spd.tech.
*This announcement is a press release.
Insider's Perspective:
SPD Technology chose Romania as its next destination for growth primarily due to several strategic reasons:
- Advanced IT Infrastructure: Romania sports a thriving IT sector, featuring an impressive pool of over 200,000 IT specialists for SDP Technology to tap into[1][4].
- High-Quality Technical Education: Romania's strong focus on technical education pairs well with SPD Technology's demand for skilled engineers[1].
- Vibrant Tech Communities: The active technology communities in Romania pave the way for collaboration and development, offering numerous opportunities for SPD Technology's growth[1].
- Strategic Advantage for European Market Capture: Expanding into Romania aids SPD Technology in strengthening its European market position, allowing for better collaboration with clients and fortifying its regional dominance[1][4].
- SPD Technology, having settled in Romania, is using the country's advanced IT infrastructure and pool of over 200,000 IT specialists to bolster its European market reach.
- By tapping into Romania's strong technical education system, SPD Technology aims to satisfy its demand for skilled engineers.
- Active technology communities in Romania provide opportunities for collaboration and development, aiding SPD Technology's growth in the region.
- Strategically, Romania serves as a stepping stone for SPD Technology to strengthen its European market presence, enabling better client relationships and solidifying its regional dominance.
