September 3 (SeeNews) - Cloud data management backup solutions provider Veeam Software said on Tuesday it is expanding its existing office space in Bucharest by 2,300 sq m in order to accommodate its growing team in Romania.
The company plans to increase staff by 50% this year, thus reaching 600 employees at the end of 2019, compared to 400 at the beginning of the year, it said in a press release.
The new office space, located in a modern A+ building recently constructed in the proximity of the easily accessible area of Grozavesti, adds 250 working stations to cater for the expansion of Veeam’s Romanian team in the following three years.
Together with the three floors occupied in AFI Park 5, Veeam Software reaches almost 7,500 sq m of office space in Romania.
"We have grown locally at a very fast pace, evolving from zero to a company with over 400 people in only 3 years. Expanding our working space was a natural step, as we plan on continuing to grow our local team, by adding valuable, talented people to our hub," Veeam Software Romania managing director Andrei Romanescu said.
The continuous local growth and expansion is in line with the strong results of the parent company headquartered in Baar, Switzerland. Veeam Software has just reported a 26% annual increase in global annual recurring revenue for the second quarter of 2019, while it has recently exceeded $1 billion (912.3 million euro) in annual bookings.
Veeam Software has offices in more than 30 countries and serves over 320,000 customers worldwide.
($=0.9123 euro)