CBRE Romania brokers major sale of Rus Savitar factory to global furniture giant UE Furniture

CBRE Romania has successfully facilitated a major transaction in the furniture production sector, overseeing the sale of a factory owned by Rus Savitar to UE Furniture. The transaction includes a total area of 120,000 square meters of land and 60,000 square meters of buildings, marking a significant move in Romania’s furniture manufacturing landscape.

Rus Savitar, a family-owned business founded in 1994, has grown into one of Romania’s largest furniture and chipboard manufacturers. Over more than three decades, the company has established itself as a key player in the industry. According to Mădălin Aresmerițoaie, Senior Consultant for Industrial & Logistics at CBRE Romania, the deal not only preserves local traditions in furniture production but also brings significant economic benefits to the community.

UE Furniture, a global leader in the production of chairs, armchairs, and sofas, was the first Chinese company in its sector to be listed on the stock exchange. With over 20 years of experience in the industry, the acquisition of the factory in Dudeștii Noi marks its second investment in Romania, following the establishment of a production facility in Orăștie several years ago.

Cristian Rusu, owner and General Manager of Rus Savitar, highlighted the strategic focus of the company in recent years, emphasizing efforts to eliminate debts and achieve profitability. He expressed confidence that the partnership with UE Furniture will contribute to the company’s continued growth and provide new opportunities for its employees.

CBRE Romania played a pivotal role in the transaction by representing Rus Savitar and ensuring that both parties reached a mutually beneficial agreement. The consultancy firm’s expertise was instrumental in navigating the complexities of the deal and finding innovative solutions to facilitate the process.

Photo: Mădălin Aresmerițoaie, Senior Consultant for Industrial & Logistics at CBRE Romania