The company will lay off 6.7% of its staff of 985 employees, mostly from the production line.
The decision was driven by a decline in sales, lower orders for export, and higher prices for raw materials and utilities, the company said.
Elvila has been operating the furniture market since 1990 and has three production lines in Mizil (Prahova county), Babeni (Valcea county), and Beius (Bihor county).