06.03.2019

XXXLutz, an Austrian furniture and home decor retailer with EUR4.4 billion revenue, will be turning the Kika stores it bought from fellow Austrian group Signa into premium XXXLutz-branded stores, once more

05.28.2019

Austrian furniture and home decor retailer XXXLutz, present in Romania via its mömax brand, will acquire 22 Kika stores in Czech Republic, Slovakia, Hungary and Romania from Signa group. more

09.22.2017

Austrian-held furniture and home decor retailer kika will open a store in eastern Bucharest by the end of the year in a EUR14 million investment. more

10.02.2015

Kika Romania, a company that operates a furniture and home décor store in the western side of Bucharest, will open three or four stores in the city and the rest of the country by the end of next more

08.13.2014

Romania is a rather empty market for the Steinhoff group, owner of the kika furniture retailer, which operates a furniture and home decor store in the western part of Bucharest. One store is, more

07.24.2014

Furniture retailer IKEA posted more than EUR3,100 in sales per square meter last year, an increase of 7% on 2012. The company has only one store in Romania, in the Baneasa shopping area in northern more

06.02.2014

Steinhoff group, owner of kika furniture and home décor stores, appointed Akos Forras, currently the chief executive officer of Hungary’s Quattro Mobili retailer, at the helm of the Bucharest unit. more

05.14.2014

Furniture and home décor retailer kika Romania started integration in group Steinhoff, which acquired the Austrian retailer last year, and the most important stage, involving the adjustment of more

05.07.2014

Furniture and home decor retailer kika Romania has posted a two-digit sales increase since November in the wake of changes related to marketing policy and prices, says country manager Lars Lund. The more

12.17.2013

The year 2013 was a roller-coaster year for the sales on the Romanian market, says Lars Lund, country manager of furniture retailer kika, when the company focused on modifying some product ranges to more

03.04.2013

Furniture and home accessories retailer kika, whose only store in Romania is located in Bucharest, saw sales up 3% last year, according to the estimates of its country manager Lars Lund. more

10.26.2012

The fall came with good results for the furniture industry, as companies in this business say they achieved the budget targets and some of them are optimistic about the fourth quarter, usually the more

04.27.2012

The turnover of furniture retailer kika Romania grew 6% in the financial year ended March, and the Austrian parent group expects it will increase by 5% to 10% this year. more

02.21.2012

Mobexpert, Elvila and kika, three of the large players in Romania’s furniture retail market, reported significant sale increases in January, proving that consumer appetite for household redecoration more

09.27.2011

The IKEA store in Baneasa saw monthly sales of EUR300 per square meter last year, almost four times more than the sales of the largest store of the Mobexpert group in Pipera and six times more than more

08.25.2011

Austrian-held furniture and home furnishings retailer kika, which operates a store in western Bucharest, plans to open a store in Baneasa. The new store in the northern area of the capital city will more

07.06.2011

Furniture maker Cotta International based in Arad, one of the top ten companies in its industry, has become the main supplier of sofas of the Austrians at kika. Kika has a 67-strong store chain in more

06.29.2011

Austrian furniture and interior decorations retailer kika, which has a 23,000 square-meter store in western Bucharest, has plots in Cluj and in Timisoara where it is set to build stores after the more