Endava will occupy nearly 5,220 sqm, or six floors, in United Business Center Tower. The Class A office building, developed by Iulius Group, owned by businessman Iulian Dascalu, will have a leasable area of 10,000 sqm and will be completed in the second half of 2014. Iulius Group said it is in advanced talks to rent the rest of the building.
Once the new office building in Cluj-Napoca has been inaugurated, Iulius Group will get to own 45,500 sqm of office spaces countrywide.
Currently, Endava occupies some 1,470 sqm in Iulius Business Center, which was inaugurated in 2008.
Valentin Metzger, delivery director for Endava’s development center in Cluj-Napoca, said Endava wants to consolidate its operations in Cluj in a single office area. He added the space leased in the new office building United Business Center allows the company to expand its team in Cluj up to 660 people.
Endava is one of the most active employers in the Romanian IT sector, with some 950 employees working at its offices in Cluj-Napoca, Iasi and Bucuresti. The company plans to increase its staff in Romania by 25% a year.
Endava currently employs over 450 people in Cluj-Napoca, who are involved in software development and IT support projects for clients operating various sectors such as banking, insurance, electronic payments, retail, telecommunications, media and publishing.
Iulius Group owns four Iulius Mall shopping centers in Iasi, Timisoara, Cluj and Suceava, as well as the Palas Iasi mixed development, which also includes four office buildings – United Business Center – with a leasable area of over 28,000 sqm.