GTC has renewed its lease agreement with KMG Rompetrol – the management and support services division of the KMG International Group – one of the key players in the fuel sector in Southeast Europe for another 5 years. KMG Rompetrol will continue to occupy 9.356 sqm of its HQ in City Gate, a A-class office building located in Bucharest.
This is the first transaction completed under the guidance of Ziv Gigi, recently appointed Managing Director of GTC’s operations in Romania, and CEE Estate, an asset management company.
“We always appreciate the trust our business partners have in the excellency of services offered in our properties. KMG Rompetrol is a company that develops dynamically in Romania and beyond, paying close attention to ensuring the best working conditions for their employees. We are happy that such a reputable company stays loyal to the quality of our services, especially during the turbulent times of the pandemic,” says Ziv Gigi, Managing Director for GTC’s operations in Romania.
KMG Rompetrol, part of an international oil company with operations in Romania, Moldova, Bulgaria, Georgia and the upstream area, has decided to prolong its lease for 9,356 sqm of office space in the Northern tower of the City Gate complex until December 2026. City Gate is located in one of Bucharest’s established business districts and consists of two buildings offering almost 48.000 sqm of high-quality office space in total.