Savini Due's exports stand to gain from RON depreciation

Bathroom furniture manufacturer Savini Due in Alba county
expects a 10% turnover rise this year, to 11.3 million euros,
compared with the 10.3 million euros posted in 2008. “We are
pleased with the results we have achieved so far, considering that
both the furniture market and the construction market are down
20-30% against last year. Our company’s growth has to do both with
orders from traditional clients, and from new business partners.
The company’s sales progression was also aided by the depreciation
of the Romanian currency, which had a positive impact on exports,”
Piersante Savini, manager of Savini Due told ZF Transilvania.
According to representatives of the Sebes-based company, the
furniture market followed a downward trend this year after the
significant increases of the last four years, and the financial
crisis balanced out the market. “I think the Romanian furniture
market will be among the first to come out of the current situation
because in Romania there is still a need for construction and for
infrastructure works. Romanians want new homes and I expect things
will return to normal starting next year,” Savini added.