The company had a net profit of RON13.5 million (EUR2.7 million) in 2021, up 2.2-fold from nearly RON6 million (EUR1.2 million) reported in 2020, as per public data. The company reached on average 1,022 employees in 2021.
Furniture production in Romania grew by almost 8% on the year in 2021 after a significant plunge in 2020, when the COVID-19 pandemic broke out, in line with data from Romania’s association of furniture manufacturers APMR.
Furniture exports reached EUR2.2 billion in 2021, 10% more than in 2020. The advance was higher than the 8% increase in furniture production in Romania, but below the 22% increase in imports. Germany, France, Italy, Slovakia, The Netherlands, the Czech Republic and the UK are the largest consumers of furniture made in Romania.