MANUFACTURER
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IKEA Buys EUR400M Worth Of ‘Made In Romania’ Products A Year
Swedish furniture retailer IKEA buys more than EUR400 million worth of ‘made in Romania’ products a year, Stefan Vanoverbeke, IKEA’s retail manager for SE Europe (Croatia, Romania, Serbia an...
Footwear Manufacturer Denis Expects 43% Rise In Revenue
Footwear manufacturer Denis based in Suceava (NE Romania) expects 15 million sales in 2015, as estimated at the beginning of the year, 43% higher than in 2014, the company said.
Ten Largest Furniture Makers Hired 5,000 People In During Crisis
The ten largest furniture manufacturers in Romania had about 12,200 employees last year, an increase of 63% on 2009, the first year of crisis, according to ZF’s calculations based on the Fin...
Furniture Manufacturer Elvila Profit Up In 2014
Furniture manufacturer Elvila, controlled by businessman Viorel Catarama, posted 0.7 million lei (EUR0.15 million) net profit in 2014, an increase of 30% on 2013, according to an annual fina...
Plants Working For H&M, Zara And C&A Operate At Three Times Lower Profit Margins Than Retailers
The apparel made in Romania for H&M, Zara and C&A leaves the local plants, goes to Western Europe to distribution centers and comes back at two to three times the starting prices.
Romania’s Largest Furniture Maker Expands Into Retail
Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for o...
Romania Makes EUR30M Worth Of Toys, But Buys Five Times More
Romania makes only 134 million lei (EUR30 million) worth of toys and games a year, but "consumes" five times more and 90% of the products are imported.
Auto Manufacturers: Authorities Promise Infrastructure Projects, But Fail To Carry Them Out In Time
The slow development of infrastructure is one of the main reasons why Romania does not get more investments from car part manufacturers, along with the fact that authorities promise infrastr...
Car Part Manufacturers Hired More Than 2,500 People This Year
Automotive component makers continued to hire and invest this year, a trend that started in 2011, in order to develop the business on the local market.