American IT giant IBM will open a new business center in Cluj-Napoca this July. This will be the fourth such center operated in Romania after those in Bucharest, Brasov and Timisoara.
The Cluj-based center will be located in Liberty Technology Park, the office complex developed by Ioan Sturza, the president of Fribourg Capital.
Cluj-Napoca has attracted many IT companies in the last years, both multinationals and start-ups, which have been attracted by the good transport connections, the pool of skilled employees, and the welcoming atmosphere for expats.
In fact, most of the tenants in Sturza’s office project are IT companies. Liberty Technology Park hosts over 1,700 employees, out of which 200 are expats.
Other tenants in the park include Siemens, Halcyon Mobile and Control Data Systems.
IBM posted a turnover of RON 814.5 million in Romania last year, up 9.4 percent year-on-year. Its net profit gained 10.9 percent to RON 75.4 million. The company’s average number of employees in Romania rose by 22.1 percent to 2,653, according to official data cited by profit.ro.
Liberty Technology Park comprises 5 buildings with a total leasable area of 17,000 square meters. It was opened in 2013 following an investment of over EUR 15 million.