08.13.2014

Romania is a rather empty market for the Steinhoff group, owner of the kika furniture retailer, which operates a furniture and home decor store in the western part of Bucharest. One store is, more

08.04.2014

Baia Mare-based furniture producer Aramis Invest augmented its revenue by 130% during the crisis, to EUR124 million, while hiring 1,000 people, reaching almost 2,860 headcount. more

07.24.2014

Furniture retailer IKEA posted more than EUR3,100 in sales per square meter last year, an increase of 7% on 2012. The company has only one store in Romania, in the Baneasa shopping area in northern more

06.19.2014

The IKEA furniture and decorations store in Bucharest posted EUR0.5 million loss in 2013, something its representatives say was due to the transition of the store from a franchised store to a directly more

06.18.2014

Timisoara-based Rus Savitar-Casa Rusu group, with operations in the furniture industry, saw revenue go up by over 30% on the year in January-March, on the rising production capacity and product range more

06.02.2014

Steinhoff group, owner of kika furniture and home décor stores, appointed Akos Forras, currently the chief executive officer of Hungary’s Quattro Mobili retailer, at the helm of the Bucharest unit. more

05.15.2014

Aramis Invest, Romania’s largest furniture producer, has budgeted annual revenue increases of above 10% for the coming years, after 2013 was a year of business consolidation. more

05.14.2014

Furniture and home décor retailer kika Romania started integration in group Steinhoff, which acquired the Austrian retailer last year, and the most important stage, involving the adjustment of more

05.07.2014

Furniture and home decor retailer kika Romania has posted a two-digit sales increase since November in the wake of changes related to marketing policy and prices, says country manager Lars Lund. The more

04.23.2014

IKEA, the world’s biggest furniture and home décor retailer, opened its first store in Romania seven years ago, but the Swedish group had been operating in Romania for several decades. more

04.17.2014

The Mobexpert group of furniture companies posted growth of 5% in sales in the first quarter compared with the year-ago period, at a time of decline on the domestic market, according to the group's more

04.11.2014

Sortilemn, a furniture manufacturer based in Gherla, Cluj County (NW Romania), and one of the most important Romanian suppliers of IKEA, posted EUR35 million revenue last year, an increase of 16% on more

04.09.2014

PGS Sofa & Co controlled by Jean-Charles Parisot, grandson to Jacques Parisot, the founder of one of the largest furniture makers in France, bought an over 26,000 square meter production facility in more

04.02.2014

Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020. more

03.26.2014

Furniture exports reached EUR1.7 billion last year, up 17% on 2012, a surprising performance unparalleled in the last five years, according to data provided by Romanian Furniture Manufacturers more

03.24.2014

Duo Design company started store furniture production three years ago and now this is the company’s main development line. more

03.10.2014

Swedish giant IKEA, the biggest player on the Romanian furniture market, has for several years had a new rival in Europe, South-African group Steinhoff, which has grown through successive more

02.21.2014

Nikos Chlepas, a Greek investor who was involved in the Neoset furniture business five years ago, as well as in several real estate projects, last year switched to snail farming with a 10-hectare more

02.18.2014

Office furniture importer Corporate Office Solutions (COS) posted EUR16.2 million revenue in 2013, up 21% on the previous year and better than expected. more

02.03.2014

Entrepreneur Dan Sucu, owner of Mobexpert group, the largest furniture business in Romania, says that for the first time in the past four years he is optimistic about the coming period. more

01.17.2014

Timisoara-based furniture manufacturer Rus Savitar held by the Rusu family plans to expand production capacity and store chain and hire about 200 people this year. more

01.14.2014

Romanian furniture maker Cotta International Arad had sales of EUR47 million last year, up 17.5%, and this year's output has already been contracted and 95% of it will be exported. more

12.17.2013

The year 2013 was a roller-coaster year for the sales on the Romanian market, says Lars Lund, country manager of furniture retailer kika, when the company focused on modifying some product ranges to more

12.12.2013

Furniture sales in Romania increased 4% in the first eight months of the year compared to the year-ago period. This is the first positive sign coming from the industry after four years of decline in a more

11.11.2013

Ipec, a company set up by the Covaciu family twenty-two years ago in Alba Iulia, a city with a long tradition of ceramic manufacturing in Romania, has become one of the leading local suppliers of more