Savini Due completes new EUR 35 mln furniture plant in Romania
<p>Savini Due, a furniture producer in Romania controlled by Italian businessman Piersante Savini, will complete its new EUR 35 million factory this year and thus more than double its production capacity, <a href="https://www.zf.ro/companii/producatorul-mobilier-baie-savini-due-investit-peste-35-mil-euro-22477065?mc_cid=965c18eee3&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a> announced, quoting company's officials.</p>

<p>"In the second half of this year, we are focusing on the gradual transfer of the production lines to the new factory, which has a total footprint of over 100,000 square meters, with production halls of almost 60,000 square meters, a process that we expect to be completed by the end of this year," Ionuț Iacob, CEO of Savini Due, told ZF Transilvania.</p>

<p>The project was launched three years ago and will be completed by the end of 2024.</p>

<p>Savini Due specialises in the production of bathroom furniture.</p>

<p>The company achieved a turnover of RON 16.5 million in the first half of this year, up 8% y/y. The turnover was RON 147.5 million (EUR 29.8 million) in 2023 when the company achieved RON 10.4 million (EUR 2.1 million) net profit.&nbsp;</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: Facebook/Savini Due)</em></p>