Ericsson announced on Tuesday its expansion on the Romanian market by opening an advanced Global Services Center in Bucharest in July this year, to serve both the local and the global market. A company press release says the Center will start with 200 employees, mostly young Romanian graduates.

Ericsson representatives announced they’d meet Romanian PM Calin Popescu Tariceanu to confirm Ericsson’s decision to extend its operations in Romania.

The opening of the Center will be attended by Economy minister Varujan Vosganian. The ceremony will have Ericsson and the Romanian agency of foreign investments ARIS sign a letter of intent recognizing the future collaboration between the Romanian Government and the company on the development of the Global Services Center in Romania.

Another letter of intent will be signed by Ericsson and the Bucharest Politechnical University to establish a collaboration between the two institutions.