Steelcase to construct an assembly plant in India
18.05.2012 − The US office furniture group Steelcase plans to set up an assembly plant in India, as has been reported in a number of Indian media under reference to the local management. » more
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Alno has to secure its financing arrangements very soon
15.05.2012 − Alno has to work out measures to secure financing of the group very soon. Despite the constantly repeated statements made by the group, that they are on the verge of» more
Snaidero currently negotiating sale of FBD shares
05.05.2012 − The Italian kitchen furniture group Snaidero is currently in the process of negotiating the sale of its 70% majority share in the Franchise Business Division Group, which» more
Italian furniture-industry exports unable to compensate for domestic-market collapse
27.04.2012 − Italian furniture manufacturers have again had to struggle against sharply declining domestic sales since 2011, a trend which especially affects small companies aligned primarily to the Italian market. » more
Alno increases turnover by 9% in first quarter
24.04.2012 − According to provisional figures, the Alno concern showed growth in turnover in the first quarter of 2012 of 9% to €118.6m. » more
Steelcase wants to invest €40m in laser technology
12.04.2012 − The US office furniture producer Steelcase is planning to invest roughly €40m in the planned conversion of its production sites to laser edging technology over the next three years. » more
Kitchen industry turnover to grow by between 2 and 3% in 2012
04.04.2012 − The executive board of The Modern Kitchen Working Group (AMK – Arbeitsgemeinschaft die Moderne Küche), is reckoning with the possibility of a further 2% to 3% growth in turnover in 2012 across the whole of the » more
Alno has established a new subsidiary in New York
04.04.2012 − Alno AG has founded the subsidiary Alno USA in order to develop the North American markets. Managing director is Lothar Birkenfeld, who worked in the USA for a long time for Poggenpohl and Allmilmö.» more
Bene creates joint venture for Asia and Australia
08.03.2012 − The Austrian office furniture manufacturer Bene has created a joint venture together with Ollo Group in Singapore.» more
Unilin and Egger to work together on click furniture
08.03.2012 − Unilin and the Egger group have brokered a strategic partnership for the use of gluefree click connections in furniture manufacturing. This deal aims to bring this technology to market faster. » more
Steinhoff Europe IPO only in 12 to 18 months
04.03.2012 − A separate flotation of the European division of the Steinhoff concern could generate emission income of roughly €1.5bn. » more
Furniture business mostly poorer again
02.03.2012 − Recent months have seen ups and downs in the partial sector of the furniture industry which is dependent on consumer business.» more
Unilin brokers partnership and first licence for Didit
24.02.2012 − Unilin has entered into strategic partnership agreements with three German compaies for its Uniclic technology for furniture connections, which was launched in spring 2011 under the Didit name.» more
Ikea group has achieved global profit of almost €3bn in 2010/2011 financial year
08.02.2012 − The Ikea group once again improved its key results figures on an over-proportional scale to its turnover in the 2010/2011 financial year.» more
IMM Cologne: 13 % more exhibitors than in 2011
25.01.2012 − 1,159 exhibitors participated in this year’s IMM Cologne furniture fair that took place from 16-22 January.» more
VDM forecasts turnover at pre-crisis level for 2012
25.01.2012 − According to a projection made by the German Furniture Industry Association (VDM), turnover among German furniture manufacturers in 2011 showed year-on-year growth of roughly 6% to €16.7bn. » more
Bodilsen successor company BOD Furniture is now insolvent
16.01.2012 − On 3 January, the Danish manufacturer of furniture and furniture components BOD Furniture was placed into receivership by the responsible court in Holstebro. » more
Polish furniture industry significantly expands exports
22.12.2011 − B+R Studio Tomasz Witorski estimates that export value generated by the Polish furniture industry will reach a total of €6.4bn in 2011. » more
Finsa shuts down production of furniture components at Ecar
19.12.2011 − Finsa intends to shut down production of furniture components at Aglomerados Ecar by March 2012 and thereby give up the location completely» more
IMM Cologne: Registrations now up by 7% on 2010
14.12.2011 − According to the organiser Köln Messe, there will be probably be 7% more exhibitors at next year’s IMM Cologne furniture fair, which will be held from 16 to 22 January 2012, than there were in 2011.» more
Welle Holding parts with Olympia Furniture
11.11.2011 − Welle sold the British upholstered furniture producer Olympia Furniture to the financial investor SKG Capital at the end of October 2011. S» more
Nobia group announces additional store closures
10.11.2011 −
Nobia responds to economic uncertainties on its main sales markets with additional restructuring measures that go beyond the previously announced steps. The new plans affect 30 stores and 415 jobs.» more
Disproportionate growth of +7.9% recorded in sales in Ikea Deutschland’s furniture segment
10.11.2011 − Ikea Deutschland raised its sales revenue again by 5% to €3.65bn in the last business year 2010/2011 (31 August). Ikea had grown by 4.2% in Germany in the previous year.» more
Delay encountered in Alno’s financing measures
25.10.2011 − The prospect of measures for assuring corporate liquidity held out by the board of Alno seems to be taking longer than originally planned.» more
Deisel versus Alno case to begin on 3 November
17.10.2011 − The first hearing date in the case of the former board chairman Jörg Deisel versus Alno AG before Düsseldorf district court has been set for 9:50 a.m. » more
Leicht Küchen predicts €85m in sales revenue in 2011
16.10.2011 − Homag Group is to install a laser-edging plant at Leicht Küchen at the end of October/beginning of November 2011. Leicht has had laser-edged » more
Assets of Ikea supplier Scanwood are sold
11.10.2011 − After the receivership of the insolvent Canadian Ikea supplier Scanwood failed to receive an offer for the entire company in the bidding procedure which terminated on 22 July 2011, a start was made on selling » more
Steinhoff sells Hukla activities in upholstered-furniture sector
23.09.2011 − As announced in a notice published on 8 September 2011, Steinhoff Europe has sold all Hukla activities in the field of upholstered furniture to» more
Furniture fronts manufacturer Profiform files for bankruptcy
09.09.2011 −
On 24 August 2011, yet another German producer of furniture fronts, Profiform Möbelfronten filed for bankruptcy. The Bielefeld district court appointed the lawyer Dr. Norbert Küpper as Profiform’s provisional» more
Pfleiderer introduces BalanceBoard exclusively at Ballerina
05.09.2011 − Ballerina-Küchen will launch a new kitchen at the company's in-house trade fair "Küchenmeile A30" which is being held from 17 to 23 September.» more
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