Pitigoi said on ZF Live that he owned 12,000 square meters of industrial space, with a further 6,400 square meters to be added in the Solo logistics park by the end of October.

Industrial high schools in Iasi have remained in operation and turn out hundreds of graduates each year and the Tester owner estimates 10,000 people would be available for hiring over three years.

“Manufacturers find distance and roads very important and that makes sense because you want to be closer to the west of the country if you export from there. If you go beyond that and look at the possibility to hire people quickly that would allow you to grow, at 15%-20% lower wage costs than in the west of the country, Iasi does have its advantages,” Bogdan Pitigoi said.

(English version by Loredana Fratila-Cristescu)