Henkel Romania estimates 32 million-euro turnover in 2006

The adhesive producer Henkel Bautechnik Romania estimates for 2006 a 32 million euro turnover, up 20 percent as against 2005, daily Ziarul Financiar informs .General manager Marius Ivan said that the adhesive market grows faster ... More

Liberis Publications establishes Co. in Romania

Liberis Publications management announced the establishment of a subsidiary company in Romania named "Liberis Publications Romania Srl" with its subsidiary "Liberis Publications Cyprus Ltd." to partipate by 75% stake in the share ... More

Titus International publishes takeover bid for Lama

Titus International, one of the world's leading furniture fittings manufacturer, published a takeover bid for Slovenian fittings producer Lama, offering EUR 1.516 per share. The bid in which the English company wants to ... More

Furniture "Lagado" on Russian market

Fund for Development of Serbia has approved credit of 55 million CSD to the factory of leather furniture sets "Lagado" from Bujanovac for construction of new unit and the works can finally start. The contract with the Fund ... More

Bulgarian paper mill Trakia Papir to be renamed

A Feb 18 general shareholders meeting of Trakia Papir, Bulgaria's biggest manufacturer of corrugated board and packaging paper products, will vote on a proposal to rename the company to Duropack Trakia Papir. Austria's Duropack ... More

Bulgarian furniture maker eyes Japanese market

Ludogorie 91, a furniture company based in Kubrat, North-eastern Bulgaria, has been contracted by a Japanese client to manufacture wooden components for chairs for disabled people, said executive director Kalina Miteva. The trial ... More

Newspaper production rising

The sole increase in the production in the cellulose industry was the one for print press paper assortments during January -October 2005. Thus, the production in this field increased by 33 percent compared to same time last year, ... More

Mobex targets relaunching of sales for 2006

The furniture producer Mobex of Targu Mures estimates a relaunching of sales for 2006, after the company's sales dropped in 2005 following the fluctuations of the rate of exchange. The company estimates for 2006 some 10.7 million ... More


The Athens Chamber of Industry, in collaboration with the CDET (Center for Development of Enterprises and Technology) and the Hellenic Organization of External Commerce organized a Meeting and PARTENARIAT to approach Greek and ... More

Egger could invest EUR 500 M in Romania

Austrian company Egger is contemplating carrying out investment projects worth EUR 500 M in Romania’s wood processing industry in the following years, Egger Chairman Michael Egger said. “For the beginning, there will ... More

State sells "Simpo", estimated value - €90m

Company "Simpo" will obtain new owner next year, because the State started procedure for sale of its share. However, the chance that this famous company with over 7,000 employees be bought by "Ikea" is very small, so that it is ... More

BoConcept opens store in Sofia

Danish furniture retailer BoConcept has opened an outlet in downtown Sofia and intends to launch another 2-3 stores in Bulgaria next year with coastal cities Varna and Bourgas as the most likely sitings. The 120 sq m outlet in ... More

Bulgarian paper mill Trakia Papir sold for 78 mln levs

Trakia Papir, the Pazardjik-based manufacturer of corrugated board and packaging paper products, has been acquired by a new owner, said sources form the company. Stock equal to 95.5% of the Trakia Papir capital changed hands on ... More

Dalas" obtained award for innovations in furniture design

Creative-research centre UNISET allotted awards for interior of the year and innovations in furniture design at the Furniture Fair. The award for innovations in the furniture design was given to company "Dalas" from Tutin for its ... More

DROMEAS “runs” in Sofia anymore

The furniture company DROMEAS opened a new showroom at Business Park Sofia. The event was held in 10.11.2005. Mr. Prokopios Mandzuranis –Greek ambassador in Sofia, cuted the band. The owners of DROMEAS – Mr. ... More

Simpo shares up for sale

Minority blocks of shares of holding Furniture company Simpo from Vranje have been put up for sale at the Belgrade Stock Exchange as of November 8. Up to 111.511 shares are expected to appear at the stock exchange, which is 18% ... More

Sloga's tender declared unsuccessful

The Serbian Privatisation Agency stated that the tender commission in charge of conducting the public tender for the sale of 70 percent of socially-owned capital of the Sloga company from Vladicin Han decided not to approve the ... More

Vogel & Noot increases takeover bid of slovenian Saturnus

Austrian company Vogel & Noot Verpackungstechnik increased its initial bid to €171.14 a share in an acquisition bid for the Slovenian packaging maker Saturnus Embalaza. The new price is the final offer, said the ... More

Wooden packaging should be in accord with EU

The Rule Book of BiH on Phytosanitary Conditions (medical condition of tree), which regulates the standards that must be met by wooden packaging in order to be exported, should be put in effect in 10 days. This was confirmed by ... More

Furnitures is a promissing business

The furniture production in the first nine months of this year is worth approximately 22,000bn ROL ($670 million), up 12.7% from the same time last year, the data supplied by the Association of Furniture Producers in Romania ... More