Company president Gheorghe Cosma said Tuesday this year’s production has been contracted in advance by some of its oldest clients. He said 95% of last year’s output went to export, a figure to be maintained this year.
The company’s main export market was Italy, with EUR14 million, followed by Austria, Switzerland, and Germany.
“I think the market will grow significantly in 2014 and Romania remains a major furniture manufacturer. We estimate Cotta’s sales will rise at least 3% this year-earlier, to around EUR49 million,” said Cosma.
He added the company’s profit for 2013 has not been calculated yet but is estimated to be higher than the EUR1.5 million posted in 2012.
Cotta International was founded in Arad, western Romania, in 2000 and has 670 employees. Themselves company has production units stretching onto 75,000 square meters.