FURNITURE
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IKEA Sales Overshoot EUR3,100 Per Sqm
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 n...
Transition Keeps IKEA Romania In The Red
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...
Casa Rusu, Higher-Than-Expected Revenue Growth In 1Q
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 prod...
Steinhoff Brings Hungarian Manager At The Helm Of kika’s Romanian Business
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 Buchares...
Aramis Invest Exports 92% Of Production
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.
kika Starts Integration In Steinhoff Group
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...
kika: This Year Looks Better Than We Expected
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 L...
How Communist Authorities Wooed IKEA Founder To Buy Romanian Furniture In The ‘60s
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.
Dan Sucu: Mobexpert Sales Rise In 1Q; Upbeat Expectations For Second Half
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...