betahaus has been home to The Recursive team for over 3 years now, right from our early days at a small shared desk to the dedicated office we moved to once the team grew.
Now, earlier today, betahaus officially announced the opening of a new location in Bucharest, Romania. This expansion reflects the development of the co-working space itself, which has grown from a destination for small teams and freelancers into a hub for scaleup and enterprise members like Rakuten Viber, Coursera, KBC Global Services, Vimeo, and Siemens. Today, betahaus is recognized internationally with branches in cities like Berlin, Barcelona, Hamburg, Sofia, and now Bucharest, with a capacity to host nearly 1700 people.
The journey of the company in Central and Eastern Europe began as the first coworking space in Bulgaria back in 2012, where 10 years later it also pioneered the concept of flexible office space for corporate teams. This evolution was driven by the post-pandemic trend of larger companies seeking more flexibility and cost savings on owned real estate.
The new location in Bucharest is part of betahaus’s strategic partnership with GTC Group, a major player in commercial and real estate development in the CEE region. Located at Piata Victoriei, betahaus aims to offer more than just office space.
It plans to maintain its community-focused roots while providing all the amenities and security systems necessary for larger teams and companies. The space will host events like betabreakfast, betadrinks, and betacamp, which are well-known in all betahaus locations. These events create social opportunities for people to connect over breakfast or drinks after work, sharing ideas and fostering a sense of community.
Betahaus Victoriei is situated on two floors and offers over 170 seats in the Premium Plaza building, an A-class space. This new location is specially designed to provide exclusive terms for its first members in 2024. Following the launch of two new coworking spaces in Sofia opened last year, betahaus is bringing its most advanced and elegant space yet to Bucharest. This location will feature the latest in office standards, IT infrastructure, access control, and security solutions. Amenities will include a reception, conference rooms, phone booths, a business-class printer, fully equipped kitchens, and lounges for community events, with a launch party coming soon.
The Bucharest team, led by Irina Iosif and Simona Cherciu, is ready to bring the same dynamic and community-driven atmosphere to this new venture.
“Entering the Romanian market is both challenging and exciting. Exciting, because it is a vibrant, fast-growing market with tons of potential. And challenging because the industry is highly competitive with many local big names as well as major global players. We feel privileged to become part of it and look forward to add value to the ecosystem with our community-first professional coworking spaces.
Our business strategy is to further develop our footprint in Bucharest with both traditional coworking and class A flexible office spaces, while exploring the potential in other key hubs such as Cluj, Brasov and Timisoara,” betahaus co-founder Alexander Mihaylov shares for The Recursive.