Bucharest, 08 August 2017
Vastint leases 1,300 m² at Timpuri Noi Square to Tremend Software Consulting
Vastint Romania has leased 1,300 m² of office space to Tremend Software Consulting, the fastest growing technology company in Romania, in the mixed-use development project at Timpuri Noi Square in Bucharest.
Tremend has decided to relocate to Timpuri Noi Square after several years of significant growth. Between 2012 and 2016, Tremend posted a 399% increase in turnover. The company ranked 37th in the Deloitte CEE Technology Fast 50 2016 and first among Romanian companies on the list of the fastest growing businesses in the region. During this timeframe, Tremend has consolidated its team of software engineers and now has over 150 employees in Bucharest. Timpuri Noi Square will become the official headquarter of the company in October and will facilitate the continuation of the current pace of development.
Antoniu Panait, Managing Director at Vastint Romania, notes, “Tremend offers services which are essential for the majority of companies in the era of technology. The IT & C sector is the key to quickly reaching a wider range of customers and offers new growth possibilities. We are proud that they choose to join the rapidly growing Timpuri Noi Square community.”
“We offer our customers both agility and technological innovation. This is also reflected in the space chosen for the company’s development centre in Bucharest,” says Ioan Cocan, Managing Partner Tremend. “We looked for headquarters that would reflect our specific agility, a place where software engineers work with pleasure. We aimed for a location that combines the proximity to the subway and to the Bucharest downtown with easy access from the city’s universities. Timpuri Noi Square provides the needed space, versatility and all the facilities of modern offices. A key factor in our decision-making was the opinion of our engineers, who wanted an accessible location, other than the crowded North of the city. At the new headquarters we will scale the team, will continue to organize Tech Talks and training sessions, we will open an experimental lab for the latest technologies and will build tech platforms with global reach. We are also glad to be in the proximity of the Impact Hub, an aggregator of ideas and communities,” adds Ioan Cocan.
“The IT & C segment is an important factor in the dynamics of the office market, this being proven by Tremend, for which we have provided consulting services to identify the best location to serve as a future headquarter. Taking into account the intensification of the company’s activity, the move is a natural step in the direction of Tremend’s organic growth.
With its unique location in Bucharest, very close to the centre and facilities such as education centres, public transport or recreation areas, and by the superior quality of its execution, Vastint’s project responds to the company’s expansion and innovation needs”, said George Didoiu, Associate Director, Office Agency în cadrul Colliers International.
With over 11 years of experience in developing complex software solutions and advanced technologies, Tremend has delivered more than 300 projects for customers in 15 countries and for over 60 million end-users. The company’s clients span across several industries, from banking and telecom to automotive, professional services or healthcare.
Timpuri Noi Square has a planned leasable area of 100,000 m² of office and retail, plus 50,000 m² of residential space. It is the largest mixed-use project in Romania today.