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From Home Furnishing Business
Natuzzi Outlines Plan for Reorganization
August 1,
2013 by Furniture News in Business Strategy, Industry 
The Natuzzi Group has disclosed the key details of its plan to re‐organise the company, a matter which is being discussed by the group, the Italian industry and labor unions. It entails an investment of €190m aimed at adopting a new lean production processes, entering the bedroom furniture market and launching a new range of ergonomic armchairs.
As previously announced, the plan is strictly oriented towards the recovery of the Natuzzi Group's competitiveness, by reorganizing resources and some Italian operations, as well as through a projected investment of €190m between 2014-2018.
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Source: Furniture News