Tereza Tranakas Oxygen

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Tereza Tranakas Oxygen

In charge of Oxygen, one of the top integrated communications agencies on the market with offices in Bucharest and Cluj-Napoca and a team of 80 professionals, Tereza Tranakas has more than 20 years of experience working in brand and corporate communications. She sat down with Business Review and shared her outlook for 2024.

How do you see the market faring this year?

We must keep in mind the bigger picture when we consider this year’s outlook. In fact, in terms of economic growth, Romania has been a bright spot on a rather dismal European landscape. According to analysts, real GDP growth is set to rebound in 2024 and remain strong by EU standards in 2025-28. The solid private sector has been and will continue to be the key driver to Romania’s steady growth.

To all the sceptics I say that Romania has been lucky to have experienced steady economic and social development over all these years, despite the geopolitical turbulence at our doorstep.

Within this context, we also expect the marcomm industry to fare better than last year, as we’ve seen a general improvement in numbers and output after the pandemic.

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Tereza Tranakas (Oxygen): Creativity is the superpower of the future


Oxygen is one of the leading communications agencies on the market, with offices in Bucharest and Cluj-Napoca. BR sat down with Tereza Tranakas, CEO Oxygen, and found out more about how the agency’s first 15 years unfolded.

How would Oxygen’s first 15 years look in numbers?

Fifteen years from our establishment, I am grateful and happy to see our hard work and determination bringing us to a leading position in the market, as an independent forward-thinking communications agency with offices in Bucharest and Cluj-Napoca.

In terms of numbers: we are the only agency with two offices – Bucharest & Cluj-Napoca and a Sustainability department, a super team of 70 passionate and creative communication professionals, a diverse client portfolio comprised primarily of tens of large multinationals from various industries as well as local clients, and turnovers of EUR 7.5 million for 2022, placing us among the leading integrated agencies on the market.

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Irina Manole_Head of Sustainability & CSR Oxygen

Irina Manole (Oxygen): „Consumers, partners and employees are increasingly asking for information about the companies’ sustainable practices”

Irina Manole_Head of Sustainability & CSR Oxygen

Oxygen is the first integrated communications agency in Romania to offset its carbon footprint and become carbon-neutral. The agency also launches a new department providing companies strategic consulting and communication services on sustainability. These initiatives are part of Oxygen’s commitment to contribute to the fight against climate change and support companies on their business sustainability journey. AdHugger talked more details with Irina Manole, Head of Sustainability & CSR at Oxygen.

At Oxygen you consider that the brand reputation is built through authentic dialogue and great content. What happens in sustainability from this point of view?

Businesses have a substantial role to play in collective climate action and we see more and more how they use their influence to engage communities and build public appetite for sustainability. There is still a need for a lot of education on this subject, and effective marketing and communication campaigns can contribute to sustainability learning on many levels, by framing or shaping new perceptions or by building empathetic discourses that can change ways of thinking and behaving. Above all, it’s important not just to talk about being a sustainable business, but to practice what we preach and make sustainability part of the business-as-usual approach.

Moreover, at Oxygen, you decided to consider sustainability and the environment a true priority by becoming the first communication agency in Romania to be carbon neutral. What convinced you to take that decision and what is next for 2022-2023?…

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BR Interview | Tereza Tranakas: We chose to adopt a future-ready mindset

The last two years have been one of the most challenging ones in recent history, with companies having to adapt and be very resilient and strong in order to survive a never-before-seen situation. With no means to compare it to anything else.  Still, 2021 proved to be good for the Romanian marcomm industry, especially for those companies that knew how to drive the trends and be flexible.

BR talked with Tereza Tranakas, CEO at OXYGEN , about the year that just unfolded, pandemics, the agency’s growth, innovation, as well as what she expects and wishes for 2022.

How would you describe the year 2021 for Oxygen?
We’ve had a very active 2021, and I can refer to it as a recovery year after the pandemic stroke in 2020, when the entire advertising industry was hit hard. Last year we saw some positive signs of recovery giving us hope for what’s to come. Our agency’s achievements in 2021 were many: from innovative and award-winning projects for existing clients, to many new client wins for both our Bucharest and Cluj offices. At Oxygen, we have a fantastic client portfolio across many industries from telecoms, technology, appliances, energy, banking & finance, FMCGs, entertainment, gaming, real estate, heavy industry, fashion and more…

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