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News from Members COS` Stables shared office and coworking space, a landmark in the North-Western area of Romania

COS` Stables shared office and coworking space, a landmark in the North-Western area of Romania

by Corporate Office Solutions June 7, 2024

Website www.cos.ro/

Stables Cluj, preferred shared office space for large corporations & well-established companies

COS, one of the leading providers of integrated fit-out* services and a pioneer in this segment in Romania, reports revenues of over half a million (0.6 million) EUR from the rental of owned shared offices and coworking office spaces alone, on the back of accelerated growth in the segment. 70% of the total revenue on the shared offices and coworking office space segment comes from Stables, COS’s space in Cluj-Napoca.

Stables is a nearly 1,000 sqm space launched by COS in 2020, spanning 2 floors of a 200 year old building, which was turned from a production facility to a modern office space, following a 750,000 EUR investment. The space’s capacity is 86 seats in private offices, 16 dedicated desks and 20 hot desks, a common area and networking space, 5 meeting rooms and a conference area. Stables serves as headquarter and showroom of COS in the North-Western part of the country, catering for its main design and build services.  

75% of Stables' revenue comes from well-established companies or large corporations, highlighting the preference of large organizations for the community and facilities offered by Stables as office that offers further business expansion opportunities.

On average, around 95% of the customers consider that the design positively impacts their productivity and creativity, they value the comfort and ergonomics of the space and appreciate Stables as a trusted partner.

“In only 4 years of activity in Cluj, we managed to establish Stables brand as a reference when it comes to shared offices and coworking space activity. A clear differentiator for Stables on the market is the care we offer to our clients, beyond the services, the vibrant design and the community spirit nurtured by the space. Based on COS` 26 years of solid design and business expertise in Romania, pioneering this new quality shared offices and coworking spaces segment is a natural step forward for us", says Marius Marza, COS National Sales Director and Stables Managing Partner.

Stables portfolio includes clients from sectors such as information technology (IT), transportation, 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.

Launched in 2020, Stables offers a premium coworking environment tailored for entrepreneurs and multinational businesses, event space for the community and a showroom for COS’ design & build projects. 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. Stables` accommodates a total capacity of 122 seats in its 1,000 sqm interior space.

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