12.22.2016

German-owned DIY retailer Hornbach is cutting commercial ties with Austria's Holzindustrie Schweighofer starting January, after the Forest Stewardship Council (FSC) placed the latter's certification more

12.14.2016

The year 2016 saw continued growth in exports of furniture and décor despite the rise in wood prices and the difficulty to find skilled furniture makers. Exports could reach a new record high this more

12.08.2015

Kastamonu Romania (based in Reghin) held by Kastamonu Entegre, one of the leading wood processing businesses in Turkey, expects to end the year with EUR127 million revenue, 5% more than in 2014. more

08.12.2015

Kastamonu Romania (the former Prolemn) based in Reghin (center of the country) posted about EUR60 million revenue in the first half, flat on the year-ago period. more

04.08.2015

Turkey-based group Kastamonu will halt production activities at its Romanian wood processing plant in Reghin (Mures county), between April 11 and May 10, due to difficult market conditions. more

04.02.2015

Belgian developer Liebrecht & wooD has refurbished one of the three units of Fashion House outlet in retail park West Park, Bucharest, following EUR600,000 investments, the company said Thursday. more

04.02.2015

Kastamonu Romania wood processing company, part of the Turkish group of the same name, expects exports to go beyond EUR100 million this year, up 17% on 2014, with deliveries abroad set to weigh 70% in more

02.25.2015

Romanian furniture producer Lemet will complete investments of around RON22 million (EUR5 million) in a new production unit in Brebu, Prahova county, in the second half of this year, a project more

02.16.2015

Holzindustrie Schweighofer group of Austrian businessman Gerald Schweighofer expects growth of 10% in revenue in Romania this year because of the steady market and the start of the operations in its more

02.11.2015

Romania is the country where the authorities are unable or do not know how to develop the infrastructure as fast as private investors would need it, so they are taking matters into their own hands and more

02.10.2015

Belgian Developer Liebrecht & wooD will invest around EUR110 million in a retail park in Cernica, near Bucharest, which will include a Fashion House outlet center, a hypermarket, a shopping gallery more

02.03.2015

Kastamonu Romania (the former Prolemn), a Reghin-based wood processing company held by Turkey’s Kastamonu Entegre, will start this year an investment project worth about 70 million lei (EUR15 more

12.24.2014

Holzindustrie Schweighofer group of companies, controlled by Austrian businessman Gerald Schweighofer, will end 2014 with total revenue worth 2.3 billion lei (EUR512 million), up 9% from 2013, and more

12.15.2014

The wood and furniture sector, a business of almost 30 billion lei (almost EUR7 billion), was shaken by an illegal forest restitution scandal involving influential politicians, but the revenue of the more

09.25.2014

Kastamonu Romania (the former Prolemn), the Reghin-based unit of Kastamonu Entegre, one of the leading wood processing businesses in Turkey, posted about EUR60 million revenue in the first half, up more

09.22.2014

Romania’s exports of wood and wood products except furniture doubled in 2008-2013 to EUR1.9 billion, so they were five time higher than imports, Business Construct magazine has found by looking at more

08.25.2014

Logging and wood processing, one of the biggest sectors of Romania’s economy, generate EUR4 billion revenue a year for the more than 11,000 companies in this business. more

06.17.2014

Group Schweighofer, the largest business in Romania’s wood processing industry, buys 2.4 million cubic meters of wood from Romania annually, a level that has remained constant in the past years, more

05.29.2014

Egger, which operates a wood processing plant in Radauti (Suceava County northern Romania), ended last year with a net profit of 63.38 million lei (EUR14.4 million), 9% lower than in 2012. more

05.27.2014

Schweighofer, Kronospan and Egger, the Austrian companies that dominate the wood processing business in Romania, posted EUR1 billion revenue from sale of lumber and other wood products, more than half more

12.27.2013

Energy, wood processing industry and food retail are the economy sectors that got the highest capital inflows from foreign shareholders this year. The impact of the Auchan-Real deal and the green more

08.29.2013

Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years. more

08.13.2013

Kronospan Romania, one of the largest local wood processing industry companies, expects revenue growth of 15% this year despite flat sales in the first half. more

04.09.2013

The wood industry, where the most important competitors are Austrian-held will have a good 2013 judging from the budgets of the main players. more

04.01.2013

Kronospan Romania, one of the leading players in the Romanian wood processing industry, will this year finalize an around EUR40 million investment in doubling the production capacity of OSB (oriented more