Zimmer Biomet Holdings is opening its first branch in Romania and is investing more than €3.5 million in our country in 2023. The investment will go towards logistical expenses (new office, warehouse, etc.), building the local team and securing equipment stock. The company will move from distributor representation to direct representation, and this change will mean expanding its product portfolio, medical education offering and introducing a number of integrated digital and robotic technologies to the Romanian market.

With the opening of the new office in Sema Parc, Romanian patients will have access to Zimmer Biomet's latest and most modern products, a wider range of solutions for sports medicine, joint and extremity reconstruction, as well as the company's digital and robotic technologies. The ZBEdge range combines integrated digital technologies, implants, robotics and monitoring services, providing a unique medical platform in orthopaedics. This platform provides physicians with accurate data and information to help them make better decisions for their patients, both during surgery and in the recovery process after knee or hip surgery.

The Zimmer Biomet Institute, which provides world-class education for orthopaedic professionals, is also expanding its medical education offerings in our country starting next year.

"We are delighted that for the opening of their first branch in Romania, Zimmer Biomet chose Sema Parc. In our community they have all the benefits necessary for healthy growth and will be able to offer all their partners and customers the advantages of very good accessibility and a robust infrastructure that has proven its efficiency. The intrinsic qualities that make the Paris office building a 'green building' - increased energy efficiency, quality building materials, quick access to all public transportation, electric vehicle charging stations - are another reason why we believe Zimmer Biomet Romania's move to Sema Parc will be a success for the new dimension of their business." - says Tina Vîrlan, Lease Manager at River Development.

"Romania is one of the largest markets in Central and Eastern Europe and an important customer base for Zimmer Biomet. We made a great choice to open our first office from Romania in Sema Parc. By the nature of what we do, we collaborate with surgeons, hospitals, clinics and universities to improve patient experiences and outcomes in Romania and to enhance the efficiency of their operations, which is why it was essential to choose an office that is accessible and highly connected to the city." - says Marian Isac, Country Manager at Zimmer Biomet Romania.

River Development is a real estate investor and developer with Romanian capital, active for over 18 years on the local market, with extensive experience in planning, development and management of large-scale real estate projects, developing two of the major urban redevelopment projects of the capital: Sema Parc - located on Splaiul Independentei - approx. 1.000.000 sqm GBA and The Light - located on Iuliu Maniu Boulevard, ca. 150.000 sqm GBA. Both are located in the central-western area of the capital and are in different stages of development.

River Develoment has over 150,000 sqm of office space in its portfolio and has delivered over 38,000 sqm of new class A buildings in the last three years, as part of the Sema Parc project, through its three class A buildings - Brussels, Paris and Berlin. The London and Oslo buildings are the newest buildings to have been approved and taken delivery of, adding in the second quarter of this year another approx. 31,500 sqm (GLA) of Class A office space in the central-west area of the city.

As part of its second portfolio project - The Light, River Development has already delivered the first phase - The Light One, a Class A office building with a leasable area of 21,653 sqm and is in the process of approval and permitting of the second building - The Light Two, also Class A and with a leasable area of 28,589 sqm, with a completion and delivery date of Q4 2024.

All Class A office buildings are certified to Breeam standards for green and energy efficient buildings, with an Excellent rating. www.riverdevelopment.ro, www.semaparc.ro, www.the-light.ro

Zimmer Biomet, founded in 1927 in Indiana, USA, has offices in 31 countries and operations in more than 100. Globally, it employs 17,000 people and 5,000 in Europe. It has been present on the Romanian market since 2005, through its medical equipment distributor partners, and already has a substantial portfolio of customers, including private and state hospitals and clinics and universities. With the transition to direct representation in Romania, the company aims to increase the number of customers and diversify its customer base.

For the first year on the Romanian market, the company plans to hire at least 25 people. https://www.zimmerbiomet.com/en/about-us/company-overview.html/