Narbutas company group, specializing in the production and sale of office furniture, is set to start renovations of its manufacturing site and the construction of a new building in Ukmergė. This will expand the company’s current production area by additional…
Narbutas more than doubled turnover since 2016
The Lithuanian furniture manufacturer Narbutas continues to develop with enormous speed into a major player on the international office furniture market. Turnover grew by 47% in 2018 to around € 75 million, of which 88% was realized through exports. Not…
The FEMB top 50 office furniture manufacturers in Europe – Narbutas rising star
Recently the FEMB (Federation Européenne du Mobilier de Bureau) published in cooperation with John Sacks their quarterly report on the turnover of the 100 biggest office furniture manufacturers in Europe. Since their report is not online available anymore, and can…
Lithuanian furniture manufacturer Narbutas reports record turnover again
In 2016, the Lithuanian office furniture maker Narbutas reported a turnover of € 33.1 million. Now the company states in a press release, their turnover in 2017 grew with 53% to € 51 million. In line with their increasing turnover,…
Strong financial results for Narbutas in 2016
The Lithuanian office furniture manufacturer Narbutas has increased its turnover and profit in 2016. According to the website 15min.lt the company realised a net profit of € 4.74 mln which is 93% more as in fiscal year 2015 (€ 2.45 mln) . The…