German chair manufacturer Interstuhl plans to reach a turnover of EUR 122 million this year. Compared with the EUR 102 million of last year, this would amount to 20% growth. It would bring Interstuhl back to the pre-crisis levels; turnover in 2008 amounted to EUR 116 million (2009: EUR 91 million).
Interstuhl would like to achieve this growth mostly abroad, by increasing its share of export in the total turnover from the current 38% to over 50%. 600 employees produce 950,000 chairs annually. With 7 daughter companies and 40 partner companies, Interstuhl would like to become one of the leading European office chair manufacturers.
Article supplied by soyouknowbetter.com