This is a horribly written article!<p>Almost the entire first page is spent on telling the reader some ancient facts about Romania as if it's a newly discovered continent. It kinda tries to force some history into context but it's generally really bad.<p>Second, you have much more transparency in Romania for companies, even if they are privately held. So this quote is rather pointless and shows no homework was done:<p>> Although it’s privately-held, Talpes told me that it employs 670 people — 10% more than in 2011. Publicly-traded competitor, AVG (AVG), has $295 million in revenues and 870 employees — $339,000 in revenues per employee — and a net profit margin of 32%.<p>You can totally look online[1,2,3] for informations on the Bitdefender company and see that, for example, in 2010 it has about 30 million euro in revenue (so that's about 45,000 euro per employee) and a net profit of only 250,000 euro which means a margin of 0.7%. (PS: I would love to learn how they managed to pay so little taxes!)<p>I think an IPO is a good idea, but I would love if Romania would start to be known for something other than antivirus solutions. The other big thing we had was the sale or RAV (Romania Anti Virus) to Microsoft in the early 2000s.<p>BTW, an IPO is a big thing here because generally we don't use the stock market to finance companies. We use banks, which also explains why our companies aren't that innovative.<p>1. <a href="http://www.firme.info/bitdefender-srl-cui18189442/" rel="nofollow">http://www.firme.info/bitdefender-srl-cui18189442/</a>
2. <a href="http://www.doingbusiness.ro/financial/report/541390/bitdefender-srl/" rel="nofollow">http://www.doingbusiness.ro/financial/report/541390/bitdefen...</a>
3. <a href="http://www.listafirme.ro/bitdefender-srl-18189442/" rel="nofollow">http://www.listafirme.ro/bitdefender-srl-18189442/</a>