05.16.2012

Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good results of provincial stores in the first months of the year, which more

03.22.2012

Furniture exports widened by 17% on the year in 2011, to a record EUR1.38 billion, according to local furniture maker association APMR. more

03.14.2012

Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKEA is not more

03.06.2012

Furniture maker Staer International, which started insolvency proceedings at the shareholder’s request in December 2010, has budgeted a turnover of 38.42 million lei (EUR8.8 million) for this year, more

02.21.2012

Mobexpert, Elvila and kika, three of the large players in Romania’s furniture retail market, reported significant sale increases in January, proving that consumer appetite for household redecoration more

01.30.2012

The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results. more

11.16.2011

Romanian Fribourg Development on Wednesday announced it will earmark EUR20 million to convert the Libertatea furniture plant in Cluj-Napoca to a technological park. more

09.27.2011

The IKEA store in Baneasa saw monthly sales of EUR300 per square meter last year, almost four times more than the sales of the largest store of the Mobexpert group in Pipera and six times more than more

09.13.2011

Luxury furniture vendors are talking about a rebound in demand in the first half of the year, and hope it will continue into the coming months, despite financial markets turmoil. more

09.09.2011

This year's third quarter started well in terms of macroeconomic indicators and of signals from the business sector, which are positive. more

09.08.2011

Furniture producers are again eager to tap into foreign markets, where there is renewed interest for Romanian producers, after pre-crisis partners had abandoned them in favor of Asian companies, more

09.06.2011

Romania’s furniture production rose 3.8% on the year between January and May 2011, to EUR789 million, while exports widened by 18%, to EUR572.5 million, according to data provided by local furniture more

08.30.2011

Businessman Viorel Catarama, who controls the Elvila group, says export is a very good opportunity for companies in the furniture industry at the moment. He uses his company's sales abroad as an more

07.20.2011

Viorel Catarama, one of the most powerful entrepreneurs in the Romanian furniture industry, is hiring 100 people for manufacturing jobs. The businessman owns the Elvila group and this is the first more

07.07.2011

Wood processing companies invested hundreds of millions of euros in plants and thought they would find it difficult to sell their production in a time of crisis. But 2010 was a good year for wood more

06.06.2011

The beginning of 2011 was contradictory for the furniture market. Whilst big players such as Mobexpert and Elvila, which also have furniture plants in their group, did not return to growth, smaller more

05.09.2011

From among furniture market segments, the office one has caused companies the biggest headaches in recent years, with the industry gradually declining and reaching just 30% of the level of peak year more