Romania shrugs off label of Europe’s poor man as economy booms

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Since it joined the EU in 2007, government economic measures and communist-era educational excellence have spurred rapid growth

At a sleek new office in the heart of Bucharest, Fitbit co-founder and chief executive James Park explains why the smartwear giant is rapidly expanding its operations in Romania – and following the lead of a host of multinationals.

Gele 1a“The tech talent here is amazing. Romania and other countries in central and eastern Europe have great existing talent, and also great universities,” he says.

The US company, which bought Romanian smartwatch brand Vector Watches for a…

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