Turn-key fit out solutions and refurbishment projects maintained Workspace Studio Group's turnover at EUR 22.5 mln in 2023
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…
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. Turnkey projects generated 60% of revenues, with approximately 1 in 2 projects being refurbishments of existing spaces.
“The changes in the labour market, especially the hybrid work mode, along with the increasing proportion of Generation Z employees, are driving the need to rethink and redesign offices to become a destination that people enjoy accessing. Last year, half of Workspace Studio's projects were refurbishments aimed at creating a flexible company space, relevant to both people and the company's identity. I estimate that next year the proportion of these projects will exceed 70%, of course, against the backdrop of a reduced volume of new office buildings, but especially because organizations need to align the design and functionality of the space with the expectations of employees and the new needs of companies", says Horatiu Didea, Managing Partner of Workspace Studio.
Due to companies' need to provide employees with attractive office spaces, with a strong emphasis on design and physical as well as social ergonomics, the orientation towards premium quality and multifunctionality solutions was maintained in 2023. Thus, diverse and experiential design, space flexibility through partitioning solutions with sound insulation and superior technical features, and sustainability integrated into interior architecture solutions represent central aspects in all recent Workspace Studio setups, directions that will be maintained in 2024 as well.
Trends 2024: Refurbishments and impactful design. Spaces shrink, demands rise
As companies have felt the negative effects of remote work on organizational culture and employee engagement, the role of the office has been redefined, primarily becoming a space for connecting with colleagues. Connectivity and collaboration take on different forms depending on the organization, and the office must efficiently respond to multiple types of interactions: idea exchange, mentoring and onboarding processes, learning, teamwork, work meetings, strategy, or innovation. Therefore, the design of modern offices needs to have an impact on the quality of connection, serving as a catalyst for a superior employee experience in the workplace
At the same time, the office remains a space for individual work for many employees for whom their own home or third-party spaces are not a desirable option. Therefore, current offices need to integrate areas for concentration or relaxation, providing acoustic comfort and privacy on demand, as well as high-ergonomic workstations. The impact of design can thus be measured in the level of comfort and well-being of employees, with space being a key element in any organization's employee experience strategy.
