The company, which has an integrated business, in 2023 opened 11 new stores and the network now includes 34 units.
To support the expansion of the retail network, Spectral Mobila invests in a new warehousing space and in boosting production capacity.
“We started building a new logistic center near the plant. We will move the warehousing side in the logistic center, we’re emptying some halls in the platform where the plant operates and expanding manufacturing flows there,” says Dan Dodita, Spectral Mobila CEO.
The company in 2023 increased its revenues by around 16% as the market suffered significant demand slumps amid rising inflation.
While outlooks for the furniture market are not good in 2024, Dan Dodita expects revenues to grow.
The company’s entire production goes to its own retail network and to 100 partner stores. The business attempted to send products abroad, but failed.
(English version by Catalina Apostoiu)