GreenForest targets 4m-euro turnover

Timisoara-based GreenForest, one of the leading office furniture producers, estimates it will reduce the share held by exports in turnover to 20% this year, against 23% in 2006. The company targets a 4 million-euro turnover for this year, an 18% increase against the 3.4 million euros seen at the end of 2006. “Whereas 2006 saw significant investments in expanding the production capacity and in acquiring specific design software, in 2007 investments will focus on the development of our sales force,” Sebastian Capotescu, marketing manager of GreenForest told ZF. The company currently has 125 employees, with the production facility located nearby Timisoara and has a production capacity of over 3,000 pieces of furniture a month. GreenForest is the brand name under which the company sells office furniture and other organisational furniture. The home furniture produced by GreenForest is sold under the Natura brand name.