Cluj
Cluj-Napoca is Romania's second-largest office market by modern stock and the country's second business hub, after Bucharest. It holds the largest cluster of IT&C, BPO and outsourcing companies outside the capital, with employers such as Genpact, Endava, Bosch and Accenture.
The business zone was built on the city's transition from heavy industry to technology services, supported by the talent pool of Babeș-Bolyai University and the Technical University. Office buildings are concentrated mainly in the central area and around projects such as The Office Cluj-Napoca.
About the area
The area, at a glance
Cluj-Napoca is the most dynamic office market outside Bucharest, anchored in the IT sector and the universities. Modern stock is spread between the central area and the hubs along the main arteries, and demand comes mostly from technology and professional services. The city remains a key destination for regional expansions.
History
The first IT entrepreneurial activity in Cluj-Napoca appeared in the mid-1990s, and in the early 2000s the city entered the IT outsourcing boom, which gradually shifted the local economy from heavy industry to technology services. Nokia opened a mobile phone factory and a research and development centre here; production stopped in 2011, and the site later became a De'Longhi factory.
Between 2012 and 2018 a significant volume of modern office space was delivered, with delivery peaks in 2015 and 2017. The Office Cluj-Napoca, a business park of 59,185 sqm GLA in three buildings, was completed in stages between 2014 and 2017. On 21 June 2019, Cluj-Napoca became the first Romanian city outside Bucharest to pass 300,000 sqm of modern office stock.
Properties in the area
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