Lemet invests EUR 400,000 in 5 furniture stores

Romanian furniture manufacturer Lemet has invested some RON 1.8 million (approximately EUR 400,000) in opening 5 new Lem’s stores in Bucharest, Ploiesti, Iasi, Ramnicu Valcea and Suceava. The stores have sales areas of between 850 and 1,500 sqm.

Lemet’s store network now reached 102 stores countrywide with a total sales area of about 65,000 sqm. In the first nine months of 2012, the manufacturer has reported sales worth RON 153 million (approximately EUR 34 million), up 20 percent y-o-y.

The Lemet factory is located in Campina and was built in 1991. It covers 30,000 sqm and produces over 360,000 furniture modules per year by processing about 1.2 million sqm of plywood.

Simona Bazavan

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