THE DIPLOMAT > Real estate > Petrom builds its own city
Vol. 2 No.2  

Petrom builds its own city

     STRAULESTI With a reported 70 million Euro investment, leading oil and gas company Petrom announced plans to build one central office complex in Bucharest, dubbed Petrom City.
     This will be constructed on Petromowned land in Straulesti, north Bucharest, on the premises of a former fuel depot.
     Construction will start this year and the entire complex could be completed by 2009. From a total surface of about 200,000 sqm, the complex will have 46,000 sqm office spaces and almost 30,000 sqm will be built underground.
     This will be an attempt to centralise all the Petrom services, over 60 sites nationwide, in one place. Currently there are 3,000 employees located in five offices in Bucharest and its surroundings.
     The first part of Petrom City should be ready in early 2008 when 1,700 employees will move in. Then, gradually until 2009, all the rest of the employees in Bucharest and the surroundings will follow.