Romanian group COS‘s coworking bet in the regional city of Cluj is confirmed to be successful, with a 95% occupancy rate, mainly coming from established companies.

The office design company decided, some years ago, to operate its own coworking spaces in Romania, firstly in Bucharest, then in the North-Western regional city of Cluj (280.000 inhabitants).

In Cluj, the coworking space operates under the Stables Office brand. In 2023, the 1.000 m2 coworking space, located in a renovated 200 years old building, recorded revenues of half a million €. Stables, which serves as headquarter and showroom of COS in the North-Western part of the country, is now almost full.
The market is not only driven by the freelancers demand. On the contrary.

“75% of Stables’ revenue comes from well-established companies or large corporations”, says Marius Marza, Stables managing director.
Currently, the number of clients’ employees that use the space is above 150 persons in a hybrid mode, with an average of around 75 people coming to the office every day.

“In 2023, out of Stables’ current portfolio of clients, 70% come from the start-up and tech industry. Stables` extended portfolio includes clients from sectors such as the information technology (IT), transportations, legal services, intelligent infrastructure, creative services, marketing, e-commerce, architecture, banking and real estate. Stables’ clients portfolio includes Datacor, Kinaxis, ComputaCenter, BNP Paribas, Picsart, Speedwell, Evo Marketing, Studio Contextual, ICG and others”, says the company.