Simpo, Ikea to increase volume of cooperation

Serbian home furnishing manufacturer and retailer Simpo and Swedish furniture giant Ikea will increase the volume of cooperation in 2014, it was agreed on Tuesday at a meeting between Simpo General Manager Dragan Tomic and Ikea ... More

Export of furniture and other finished products increased in FB&H

Export of furniture and other finished products in FB&H for 2013 has marked an increase in comparison to the previous year, while the production of furniture has marked a decrease. Assembly of Forestry and Wood Industry of ... More

APMR: Romania exports over one billion euro worth of furniture

APMR: Romania exports over one billion euro worth of furniture, in first 8 months of Romania' s furniture exports totalled 1.080 billion euros in the first 8 months of 2013, increasing 14.9 percent from the same period of 2012, ... More

“DBH - DRVOEXPORT“- Successful investment in wood industry

With support of the Foreign Investment Promotion Agency of BIH - FIPA, the successful business partnership was created between Mr Djordje Bajic, owner of the investment project for production of firewood pallets, elements for ... More

Positive export results of domestic wood industry

Deputy Prime Minister and Minister of Foreign and Internal Trade and Telecommunications Rasim Ljajic today at Belgrade Fair officially opened the 50th International Fair of Furniture, Equipment and Interior Decoration, which ... More

Cooperation in wood processing industry

The competitiveness of small and medium wood processing industries in Serbia can be improved through combining Italian technology and design and Serbian raw materials and manpower, Italian and Serbian businessmen said at their ... More

SRB to become pillar of Serbian furniture industry

Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic stated today that the pillar of the future Serbian furniture industry will be Austrian company Kronospan SRB. Opening the Kronospan factory in ... More

Bulgaria's Timber Industry Back to Pre-Crises Levels

Bulgaria's timber industry has almost reached pre-crisis levels. Photo by Bulgaria’s timber industry grew by 50% in the first four months of 2010 year-on-year. According to data announced by the State ... More

Bulgaria’s furniture sector 40% drop in sales

Battered by a sharp deterioration in domestic demand, Bulgaria’s furniture manufacturers are facing an up to 40% slide in sales, according to Kalin Simeonov, chairman of the wood processing and furniture chamber. ... More

Kika in the Romanian market

Kika, the furniture and interior decoration retailer, opens today the first shop in Romania, The Money Channel informs. The network has over 60 shops in Austria, Hungary, the Czech Republic, Croatia and Slovakia. The new shop ... More

Kad and Sod sell Paloma again

The partly state-owned funds Kad and Sod have one again announced a soliciting for tenders for the purchase of the shares of the hygienic paper manufacturer Paloma. The majority owners decided to take this step because they are ... More

Igor Lah is shutting down a wood-processing factory in Vrhnika

Liko, where the majority owner is Igor Lah’s company, had EUR 1.5 million of losses last year. Now monthly losses reach almost EUR 200,000, and the predictions for next month are even worse. Liko has 90,000 square meters of ... More

"Simpo Line" furnished 50 hotels in 15 countries in five years

Specialized company for planning and furnishing business facilities "Simpo Line" has completely furnished more than 50 hotels in 15 countries during 5 years of its presence on the market - Milorad Andrejević, the CEO of ... More

Violeta to build a factory worth EUR 10 million in Zagreb

B-H hygienic products manufacturer Violeta will soon start building toilet paper and kitchen towels factory in Zagreb. The reason for this investment is in the increased demand for Violeta’s products, explained project ... More

New tender for Lumber industry "Sloga" in March

Lumber industry "Sloga" from Vladičin Han, which deals with production of school and office furniture, will be offered for sale on the second tender at the beginning of March. That company was already privatized when the ... More

DI Vrbas operates again in April

The Vrbas wood processing factory (DI Vrbas) will be operating again from mid April, after reconstruction is over of its plants, the electricity infrastructure and the water supply system, director of Rotas, the majority owner of ... More

EUR 95mn to Vektra and Springer & Pletzer Montenegro

EUR 60mn loan is intended for reconstruction and modernization of wood manufacturing company Vektra - Jakić from Pljevlja. Springer & Pletzer Montenegro was allocated EUR 35mn for improvement of Queen of Montenegro hotel ... More

The International Furniture Exhibition

Opening the International Furniture Exhibition, Bubalo said that the company already had an organized manufacturing base in Serbia, and that it’s arrival would increase competition on the market. Bubalo added that the ... More

Packaging maker Unipack to invest in new production capacity

Unipack, the local producer of corrugated board packaging, said it plans to make new investment in its core production and boost sales abroad. The company will open a trade representation in neighboring Serbia by the end of ... More

Wood processed by Austrians in Radauti to reach Japanese market

Schweighofer Holzindustrie company will open a wood processing factory in Radauti thus increasing the initial investment of 80 million euros to 105 million euros, company's owner Gerald Schweighofer said.According to the Austrian ... More