Furniture Maker Ecolor Net Profit Shrinks 52% To RON19.6M In 2023

today, 22:14 By Laurentiu Cotu

Furniture manufacturer Ecolor, the local subsidiary of Sweden’s Gyllensvaans Möbler, posted RON460.6 million (EUR93.1 million) revenue in 2023, down about 19% from the previous year’s RON568.5 million (EUR115.3 million), according to ZF calculations based on data from the Finance Ministry's website.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
ecolor
, furniture
, profit
, revenue