HELLA, a top automotive company operating under the umbrella brand FORVIA, is set to open an engineering and development project in the Palas Campus office project developed by IULIUS in downtown Iași. HELLA will occupy 1,300 sqm and will accommodate a team of approximately 100 engineers.
Palas Campus Iași, an investment upwards of EUR 120 million by IULIUS Company, is scheduled to open in the first quarter of next year. Located in the vicinity of the Palas Iași mixed-use complex, Palas Campus is set to become the largest office building in Romania in terms of surface area, with a leasable area of 60,000 sqm. The office complex is fully leased by major international companies in the IT&C, automotive, banking, and health&pharma industry, making it a competitive business hub at a national level.
“By means of the Palas Campus premium office project, IULIUS seeks to support the development plans of major companies. The presence of HELLA in our office complex in downtown Iași, along with the other major companies, consolidates a technological hub set to have nationwide relevance, adding value to the city and boosting its attractiveness,” said Ionuț Pavel, Office Buildings Manager Palas Iași & Palas Campus.
