The company’s net profit dropped 44 times in 2024, to RON49,901 (EUR10,000), from a net gain of RON2.2 million (EUR447,000) in 2023. ADA Fabrica de Mobila ended 2024 with an average number of 534 employees, 108 fewer than in 2023.
Austrian group ADA, founded in early 1900, has plants in Romania, Hungary and Austria.
(English version by Catalina Apostoiu)