US kitchen cabinet industry achieve turnover rise

20.03.2018 − Turnover generated with kitchen and bathroom cabinets in the USA increased by 3.9% in December 2017 vis à vis the comparative month of the preceding year. » more


Nobilia to build new kitchen furniture plant in Saarlouis

09.03.2018 − German Nobilia-Werke J. Stickling has put the preceding year’s plan to construct an assembly plant in China on hold again. » more

Double-digit decline in Polish kitchen furniture production

01.03.2018 − Polish production of kitchen furniture made of wood decreased by 16% in the fourth quarter of 2017 to 1.097m units. » more

Nobia quarterly turnover down by 1.2%

22.02.2018 − In the fourth quarter of 2017, turnover of Swedish Nobia decreased by 1.2% vis à vis the comparative period of the preceding year to SEK3.116bn.» more

Kinnarps to end production in Worms by mid-2018

13.02.2018 − Swedish Kinnarps is to discontinue operation of Kinnarps Produktions GmbH and consequently close the production location in Worms by summer 2018. » more

Polipol and Bellesbumprom agree cooperation

08.02.2018 − Polipol Group also intends to commence upholstered furniture production in Belarus. » more

Steinhoff sells further PSG shares for €478m

01.02.2018 − On 22 January, Steinhoff placed a total of 29,429,937 ordinary shares of PSG Group at a price of ZAR240 per share on the Johannesburg stock exchange. » more

Steelcase turnover declines in third quarter 2017

31.01.2018 − Following three consecutive increases in turnover, total turnover of US-American Steelcase declined again by 2% to US$772.1m in the third quarter of the 2017/2018 financial year. » more

Steinhoff must obtain roughly 200m € at short notice

26.01.2018 − Steinhoff International Holding requires roughly 200m € at short notice to assure the group’s liquidity for the next three months. » more

German furniture industry turnover down again

24.01.2018 − In October 2017, turnover of the German furniture industry remained below the preceding year’s figure for the second time in a row.» more

RiverRock concludes acquisition of Alno assets

18.01.2018 − The purchase contract for the acquisition of key assets of Alno by British RiverRock has now been concluded. » more

EU opens investigation into tax treatment of Inter Ikea

12.01.2018 − In mid-December 2017, the EU Commission opened an in-depth investigation into the tax paying procedures of Netherlands-based Ikea company Inter Ikea Holding. » more

First decline in orders for US furniture industry

06.01.2018 − In September incoming orders of US furniture manufacturers focussed on the residential area declined by 10% to US$2.343bn. » more

Latvia: Furniture industry turnover improves in Q3

28.12.2017 − In the third quarter turnover of the Latvian furniture industry increased by 1% to €46.3m vis à vis the comparative period of the preceding year. » more

German furniture exports reduced by 1.8%

22.12.2017 − Following a rise of 3.5% in August, exports of German furniture declined again by 1.8% in September. » more

Growth on export market only for Forte in Q3 2017

19.12.2017 − Turnover of Polish Fabryki Mebli Forte developed along contradictory lines on the domestic and export markets in the third quarter. » more

Ikea generates 2.4% turnover increase in Germany

13.12.2017 − In the 2016/2017 financial year (31 August) Ikea Group generated in Germany a turnover of €4.867bn. » more

German Alno group set to go out of business

08.12.2017 − The process to find an investor for insolvent Alno group has not reached a successful conclusion: the final remaining bidder did not submit an offer by the deadline. » more

Belgium: Furniture industry turnover decreased

30.11.2017 − According to preliminary information, the Belgian furniture industry experienced a minimal decline of 0.4% in turnover to €1.262bn in the first half vis à vis the comparative period of the preceding year. » more

Pino Küchen works to open by early December

23.11.2017 − Following the takeover by Spinarella Küchen, kitchen production at the Coswig facility formerly trading under the name of Pino Küchen is to be resumed in the next few weeks. » more

Minor growth in US furniture industry’s orders in August

16.11.2017 − The volume of orders received by the US furniture manufacturers geared to the residential sector in August was 1% higher than in the same month of last year at 2.238bn $. » more

Alno gives leave of absence to some 400 employees

09.11.2017 − Roughly 400 employees of insolvent Alno have been given leave of absence (LOA) with effect from 24 October due to inadequate liquidity. » more

Kitchen furniture industry turnover decline in August

03.11.2017 − In August turnover in the German kitchen furniture industry decreased once again by 4.7% vis à vis the preceding year to €315.6m. » more

German furniture exports stagnated at 2016 level in July

27.10.2017 − German furniture exports in July remained stable at last year’s level. » more

Chinese Nison group to buy majority stake in SieMatic

24.10.2017 − Chinese Nison group wants to acquire a majority stake in German premium kitchen manufacturing specialist August Siekmann (SieMatic). » more

Leicht set to invest €40m in new assembly facility

20.10.2017 − German Leicht Küchen intends to build a new assembly facility in the Gügling Nord industrial park in Schwäbisch Gmünd.» more

Ikea intends to double production in Kazlu Ruda

17.10.2017 − Ikea Industry Group, in which the wood-based panels and furniture production of the Ikea Group is consolidated, intends to double the production capacities of the furniture plant in Kazlu Ruda, Lithuania. » more

Investor group led by Nobilia taking over Pino Küchen

10.10.2017 − German Pino Küchen belonging to insolvent Alno group is to be sold as part of an asset deal with retroactive effect from 1 October to a group of investors led by Nobilia-Werke J.Stickling. » more

Production standstill at Alno plants since mid-September

18.09.2017 − The preliminary insolvency administrator appointed in the insolvency proceedings for the four companies of Alno temporarily discontinued production at the three production locations.» more

Alno’s EBITDA seriously in the red in 2016 financial year

31.08.2017 − On 18 August, following several postponements, Alno finally presented the annual accounts together with the group financial statement for 2016. » more