Average costs for office space fit-outs in Romania are 10-15% higher than the previous year, primarily due to increased labor costs, according to a report by iO Partners. Despite this, Romania remains one of the most affordable countries in the EU for office fit-outs, with costs significantly lower than in Poland, the Czech Republic, or Western countries. The report, based on data from over 40 iO Partners projects, reflects recent market trends and the challenges companies face when designing office spaces.
Workspace Studio, specializing in high-quality office furniture and integrated office design projects, and a Certified Dealer of the MillerKnoll group in Romania, notes a transition this year towards projects where companies aim to maximize the value and quality obtained from a fixed budget. Budget-centred design reflects a growing trend among companies interested in superior solutions that support the modern office setup and employee activity.
COS, one of the most important providers of integrated fit-out services and pioneer of this segment in Romania, reports a business volume of 29 million euros in 2023. In a stagnant office market in from the point of view of the supply of new buildings delivered last year, the company is consolidating its cross-sectoral and national activity, diversifying its sources of income at the same time.
REHAU Romania underlines its firm commitment to cultivate an exceptional work environment and increase the satisfaction of its employees by inaugurating new offices in the center of Cluj-Napoca. This continues the approach of prioritizing employee well-being by relocating its offices from key cities such as Bucharest and Cluj-Napoca and consolidates the "Great Place to Work" status received last year.
In 2023, Workspace Studio Group, specialized in high-quality office furniture and turnkey office refurbishment projects, and a Certified Dealer of the MillerKnoll group in Romania, strengthened its position as a provider of premium office design solutions, maintaining its turnover constant at EUR 22.5 mln, a level also achieved in 2022.
Studies on the future of offices and work point towards flexibility, varied design and focus on employee needs. In this context, Workspace Studio, specialized in high-quality office design and fittings and Certified Dealer of the MillerKnoll group in Romania, completed the expansion of its showroom located on the 18th floor of the Sky Tower Bucharest building, to reflect the current trends in modern office design.
COS, the pioneer of the Romanian fit-out market, continues its national development strategy and announces the premiere launch of a Research & Development (R&D) workspace Centre in the Northern area of Bucharest, following a 1.6 million EUR investment. MASIA, the new 2.000 sqm space, is designed to function both as a serviced space for tenants and as a test space for customers` future work setups.
The average office fit-out costs increased by around 20-30% in 2022, due to rising prices, supply chain disruptions, higher commodities and materials’ costs, but also as a result of the increased labor costs.
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