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Furniture industry sees a rise in insolvencies due to higher costs and slumps in orders

Investment activity continues throughout 2011 in industry and commerce

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Published in issue 1/2012
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Despite a slight improvement in turnover compared with last year, the number of insolvencies in the furniture industry has increased again this year. Already in the first half of 2011 more furniture manufacturers submitted applications for insolvency than in the entire period of 2010, and in the second half of the ...

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