Romanian cloud service provider ClusterPower will build the largest data centre in Romania and one of the largest in Europe in the southern part of Craiova.
The project is the first hyper-scale data centre in the region and has received around half of its initial budget from state funding as part of the Romanian government's efforts to stimulate digital economic growth in the country.
According to the cloud services firm founded and owned by three Romanian entrepreneurs, it will create one-stop-shop Artificial Intelligence (AI) infrastructure, following an initial investment of RON172mn (€36mn), of which RON82mn was provided under state aid granted last year by the Ministry of Finance.
The rest of the money is covered by the company's own funds and other sources of financing.
The new facility is the first of a reported five planned to be built in the village of Mischii, Dolj county, on a 25,400 sq m (273,400 sq ft) plot of land owned by the company.
According to the website, ClusterPower Technology Campus will have up to 4500 racks and 200MW capacity and be powered with natural gas.
Local media reports quoted ClusterPower founder and CEO Cosmin Georgescu as saying: "We consider that our vision and strategy are in line with those of the EU and Romania in terms of stimulating economic growth, creating long-term value, both for the company and society, as well as supporting innovation and performance."