furniture industry
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Cataramă raises wages for the first time since onset of crisis
Businessman Viorel Cataramă, who controls furniture industry business Elvila, says this year he raised wages at his factories for the first time since the crisis began, and is set to do the same for the stores in the second part of the year.
Good signs in furniture industry: Silvarom to resume exports after four years
Silvarom furniture producer of Bucharest is in talks to resume exports this year, with Germany as the main destination. "We gave up exports at the moment the RON/euro exchange rate went belo...
With 16,300 fewer employees, furniture industry loses over 150m euros
The Romanian furniture market could drop by 30% this year, after recording a 25% decline in the first six months of the year, according to estimates of the Romanian Furniture Manufacturers A...
Weak start of the year for furniture industry
Mobexpert, IKEA and Elvila, which account for 20% of furniture retail, posted declines in sales in euros in the first three months of this year.