At an average rent of EUR10 to EUR12 per square meter, the lease should amount to more than EUR1.6 million a year, but such agreements are usually signed for five years so the deal might be worth EUR8 million, according to ZF’s calculations.
The rented area is enough for at least 1,300 employees. Since Amazon had more than 335 employees in its center in Iasi in mid last year, it might hire more than 1,000 this year.
Amazon plans to hire thousands of people in Europe this year, including the development center in Iasi, as part of its expansion on European markets. In 2015, it created more than 10,000 jobs in Europe.
The Iulius group of Romanian businessman Iulian Dascalu will complete two office buildings in the Palas Iasi complex in the first half, the United Business Center (UBC) 5 and 6, increasing the stock of office space there by 60%.
(English version by Loredana Fratila-Cristescu)