Out of a total RON241 milion revenue in 2020, Italsofa got RON236 million form exports, the data supplied by the company for the 2021 edition of ‘Cei mai mari jucatori din economie’ (Key players in the economy) ZF yearbook, show.
Revenue was 6% lower year-on-year in 2020. The RON7.8 million profit was lower, too, only the number of employees rose from 1,003 to 1,060. Italsofa has a RON1.7 million investment budget for 2021.
Italy’s Natuzzi entered the local market in 2001, when it started construction of its Baia Mare plant, which required more than EUR38 million investment. The 76,000 square meter plant ships almost its entire production to Germany, UK, France and Spain, the company has previously said.
(English version by Loredana Fratila-Cristescu)