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The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.
Thursday, 16 April 2015
Furniture production in Romania continues to develop
Furniture manufacturing in Romania has a long tradition. According to National Institute of Statistics (NIS), the furniture production in Romania has recorded almost 1.3 billion EUR in 2013, up by 7% compared to 2012. There are over 2,500 manufacturers of furniture and related items in Romania. In 2012. they registered a cumulated net turnover of approximately 1.5 billion EUR. The main ranges of furniture manufactured on the domestic market are: living room furniture, bedroom furniture, kitchen furniture, sofas, chairs, tables, mattresses, office furniture, HoReCa furniture, small furniture. Some of the main furniture manufacturers in Romania are: Mobexpert Group, Aramis Invest, Italsofa, Taparo, Lemet, Cotta International, Plimob, Sortilemn, Mobirom and PGS Sofa & Co. Mobexpert Group, owned by the Romanian businessman Dan Sucu, includes seven furniture manufacturers and a network of 32 stores. The Group manufactures living room furniture, bedroom furniture, kitchen furniture, small furniture, office furniture, chairs, sofas and mattresses. The total surface of the Mobexpert stores exceeds 110,000 sqm and represents an investment of approximately 76 million EUR. The Mobexpert Group has registered a cumulated turnover of approximately 120 million EUR in 2013. According to the FRD Center research, in Romania, there are approximately 16 manufacturers of armchairs and sofas that registered a net turnover of over three million EUR in 2013. Approximately 12 of these players have experience with manufacturing of fixed seating (theatre and cinema chairs) in Romania. One example is the company Antares Romania, part of the Czech Group Antares.
Set up in 1998, Antares Romania manufactures chairs (fixed chairs, conference chairs, office chairs, kitchen chairs, children chairs), armchairs, sofas, tables, furniture accessories etc. The company has the production capacity of approximately 2,000 chairs per day. In 2013, Antares Romania has recorded a net turnover of 6.7 million EUR and approximately 100 employees. During the period 2010 - 2014, the Romanian exports of furniture have recorded a continuous growing trend. According to sector experts, the Romanian exports of furniture have registered approximately 1.7 billion EUR in 2013, up by 17% compared to 2012. This increase has been recorded mainly due to the big external demand of chairs and upholstered products. Romanian-made furniture has an excellent reputation, especially the medium and high-end products in great demand overseas. Over 40 Romanian furniture and accessories producers supply to IKEA worldwide. For tailor-made sector data and B2B matchmaking with players in the furniture manufacturing sector in Romania, feel free to contact FRD Center team at: email: firstname.lastname@example.org or tel: +4021 411 1459/ 60/ 61 FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.