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Polish furniture production sector lost around PLN 4 bln due to pandemic

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Polish furniture production sector lost around PLN 4 bln due to pandemic
Source: Photo by Di_An_h on Unsplash

The Polish furniture industry lost PLN 3.5-4 billion due to the pandemic, analysts at Santander Bank Polska (Santander BP) estimated. Under normal conditions, furniture production could improve the record result from 2019 by about 8 percent last year.

"The advantage and expansion of Polish producers on the EU market were due to the faster recovery from the first shock and better preparation for the next waves of restrictions. This was especially visible in August and September last year.

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