American company AMD to move its Iasi Design Center to Palas Campus office building
American tech giant AMD will move its design center opened in 2021 in Iasi to Palas Campus, the office project by IULIUS. AMD, which designs high-performance and adaptive computing solutions for the IT industry, will occupy 2,900 sqm in the mixed-use project scheduled to open in the first quarter of 2023.
Palas Campus is fully leased and developing as a regional hub for innovation in various fields. “We are delighted that AMD joined the business community in Palas Campus, considering the project as the ideal place for its team. This is a company with worldwide operations, and its presence in Iași confirms that the region has generous resources of young talent and can provide the conditions for a competitive work environment, measuring up to the requirements of major international players,” said Ionuț Pavel, Office Buildings Manager Palas Iași & Palas Campus.
In Romania, AMD employs a diverse team of engineers focused on furthering both hardware and software innovations at the heart of the company’s leading high-performance computing solutions. “As we look at strengthening our presence in Romania, we are excited about our plans to relocate our design center to Palas Campus,” said Ovidiu Rădăcină, Director of Design Engineering and AMD Romania site leader. “Palas Campus building will allow us to offer new and modern spaces to foster collaboration and innovation.”
Palas Campus is the largest office building in Romania in terms of surface area and it entailed an investment upwards of 120 million Euro. The building has a leasable area of 60,000 sqm and is comprised of six building blocks connected both on the ground floor level and on the first three floors, while two underground levels are allotted to a parking lot with a capacity of approximately 625 spaces. In addition to class A offices, the campus will also include outdoor coworking spaces, a new food market concept with restaurants, coffee shops and terraces, a medical hub, a service area that will promote local producers, as well as showers and changing rooms, bike lanes and bike parking areas, and electric vehicle charging stations.