Bulgaria's Furniture Heads for EU Markets

Business | February 10, 2005, Thursday // 00:00| Views: | Comments: 0

The quantity of furniture produced in Bulgaria has risen by 20% in 2004, according to information from Bulgaria's Branch chamber of furniture manufacturers.

The export of Bulgarian furniture to the EU countries has jumped by 22% in the last year, the experts said.

In 2004 the furniture industry's share has grown to 4.5% of the country's GDP, while in 2001 it has been 1.5% from the GDP.

A total of seven Bulgarian furniture companies have participated in this year International Furniture Expo in Koeln, Germany. For the first time two Bulgarian companies have sealed contracts to the value of EUR 300,000.

It is expected more contracts for another EUR 2.7 M to be signed this year.
Business » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria