Locked content Furniture export from Poland seen up 7% in 2018

The value of furniture export from Poland will amount to €10.95 billion (over PLN 46 billion) in 2018, a 7 percent increase y/y, a company specializing in furniture market analysis B+R Studio estimated. For several years, Germany has been the main recipient of furniture exported from Poland. In 2018...

Locked content Forte launches production plant, plans more investments

Furniture producer Forte has opened a chipboard production facility in the Suwałki Special Economic Zone, the first stage of a PLN 700 million investment plan. The company plans to open its fifth furniture production plant in Suwałki by 2020, the company said. Forte has been listed on the WSE since ...

Locked content Furniture production in 2017 to reach PLN 45 bln – OIPMG

Poland’s furniture production in 2017 may rise to some PLN 45 billion from PLN 42.45 billion in 2016, industry lobby Ogólnopolska Izba Gospodarcza Producentów Mebli (OIGPM) director Michal Strzelecki said. “This year we should record further growth of production, at 5-8 percent, to some PLN 45...

Locked content Paged finalizes Forbis takeover

WSE-listed furniture maker Paged, has acquired 70 percent stake in interior design firm Forbis Group for PLN 8.4 million. Paged will additionally pay PLN 3.6 million if the acquired firm reaches performance benchmarks. The initial agreement was signed back in August last year. Forbis’ value was esti...

Locked content Forte expansion announcement: 1,000 new jobs

Forte announced in a company statement on Friday that it would be expanding its production and warehouse facilities in Podlaskie, near Suwałki. The value of the expansion, which will include the production of chipboard and furniture, as well as the establishment of new warehousing, was said to be a ...

Locked content IKEA Polska records highest sales growth – revenues at PLN 3.22 ...

Sales revenue of IKEA Retail Polska grew by 22 percent year-on-year reaching PLN 3.22 billion in the fiscal year ending on August 31, 2016, the company announced in a statement. Over that period, over 28 million visits were implemented to nine Polish IKEA stores in the fiscal year 2016. “IKEA ...

Locked content Forte Group builds furniture factory in Suwałki for PLN 427 mln

The board of managers at furniture manufacturer Tanne, part of Forte Group, has decided to construct a production plant in Suwałki Special Economic Zone (SSSE). The investment amounts to PLN 427 million and consists of two projects. The first phase is the building of a factory for producing wood-bas...

Locked content Sits Industry to invest PLN 60 mln in furniture factory

Sits Industry, a European manufacturer of upholstered furniture in operation since 1996,  has just obtained a permit to work in the Pomeranian Special Economic Zone (PSEZ) in Grudziądz. The company intents to invest approximately PLN 60 million in the construction of a furniture factory. Officials s...

Locked content Tvilum to open furniture factory in Poland

Danish furniture producer Tvilum will launch its production plant in Szczecinek (Zachodniopomorskie voivodship), drewno.pl web portal reported. The investor has already leased space in one of the production halls owned by Szczecinecki Klaster Meblowy. Tvilum is going to create some 80 jobs, accordin...

Locked content Polish furniture export on the rise

Polish furniture producers exported goods for €8.64 billion, last year, which translates to an 8 percent growth on a yearly basis, Parkiet daily reported. This year is expected to be equally as good. In 2015, the average value of furniture sold abroad increased by €17, to €268 per 100 kilograms. The...