US Intel Opens Software Lab In Bucharest

The center is Intel's first greenfield project in this sector in Europe, Intel Software&Services Group vice-president Kostas Katsohirakis said Monday.

"In Romania, we will initially employ 25 programmers, with the possibility to increase their number three to four times, once we diversify our projects. We will hire a country manager in a few weeks," Katsohirakis said.

Intel Labs Europe's manager Martin Curley said Intel has decided to open a center in Romania due to the success of Wind River, the company through which Intel develops software in the southeastern city of Galati.

Worldwide, Intel owns 50 software development and research centers, with 19 units opened in Europe.

Intel, the largest producer of microprocessors worldwide, reported a net profit of $2.95 billion in the third quarter, up 58% on the year.

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