Rockets in the Middle East: Risk for Czech Furnaces, Pianos, Chandeliers, and Beds
The article discusses the potential risk that Middle Eastern conflicts pose to Czech industries, particularly those related to manufacturing furniture and luxury goods.
In the West, demand for refurbished furniture is rising. A manufacturer wants to build a factory in the Czech Republic
A manufacturer plans to establish a factory in the Czech Republic to meet the growing demand for refurbished furniture in Western markets.
Production has begun on a new robotic line at Klaipėdos baldai
Klaipėdos baldai has launched a new robotic production line, boosting its manufacturing capacity by one-third with an investment of EUR 18 million.
Long-standing furniture manufacturer lays off 45 employees: revealed the reasons
A Lithuanian furniture manufacturer, Šilutės baldai, is laying off 45 employees due to decreased sales and production capacity.
From Lahti's Joinery Factory to Asko
The parent company of Asko and Sotka, Indoor Group, has filed for bankruptcy due to being over-indebted and insolvent, potentially marking the end of over a century of Finnish furniture manufacturing history.
Hortensia Herrero, second shareholder of Mercadona and wife of Juan Roig, transfers her 30% in Grupo Malasa
Hortensia Herrero has finalized the transfer of her 30% minority stake in Grupo Malasa, a Galician custom furniture manufacturer.