Spotawheel, the fastest-growing European technology platform for used cars, has signed a lease for over 800 sqm of office space and 11,000 sqm of outdoor space for a showroom in Bucharest, Economica.net reported.

The transaction was brokered by JLL Romania.

Founded in 2016, Spotawheel has over 400 employees and operations in Greece, Poland, Germany and Romania and plans to further expand in Europe.

The company established the Romanian branch - Autosp Rom at the beginning of November 2021, according to the data available in the Termene.ro platform.

In Romania, Spotawheel will directly compete with Autovit, which is developing into a marketplace starting from being the online extension of the physical used car market in Bucharest.

One month ago, Spotawheel launched job postings for the Bucharest office on the platform Linkedin.

(Photo: Stocksolutions/ Dreamstime)

andrei@romania-insider.com