The company went into the red last year, with losses of around RON2.3 million (EUR471,000).

The Bihor-based company reached an average number of 967 employees, 216 fewer than in 2021.

PGS Sofa & Co has three production units locally.

The French family also owns Artemob International and Greencorp in Romania.

PGS Sofa & Co is Romania’s fourth largest furniture exporter.

(English version by Catalina Apostoiu)