Top tenants in Bucharest: ten companies pay 40m euros a year

Ten extremely powerful companies in the Romanian economy, which together employ 70,000 people, occupy almost 20% of the overall office stock in Bucharest, i.e. an over 200,000 square-metre area where around 20,000 of the companies’ employees work.

“I got a job here because I liked this office building and I inquired to see what companies were based there in order to send them my CV,” recounted a young real estate manager about how he selected the company for which to work.

Its appearance, usefulness, positioning, and even how well known a building is, are important aspects for most employees, which is why Ziarul Financiar has attempted to put together a ranking of the biggest tenants in Bucharest’s office buildings, a market worth between 160 and 200 million euros a year.

The biggest private companies (Petrom and Dacia Renault), three banks (Raiffeisen, Bancpost, and Banca Romaneasca), three IT giants (Ericsson, Oracle, and HP), and two of the top three telecom players (Vodafone and Cosmote) are the biggest tenants in Bucharest, according to real estate consultancy Colliers and DTZ Echinox, which yesterday answered ZF’s request.