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Furniture and accessories manufacturers from Cebu are optimistic of penetrating the Russian market.
A 10-member delegation from Cebu went to Moscow recently on a study mission to penetrate the Russian market through the biggest furniture exhibition in Russia and Eastern Europe.
Eric Vincent Casas, president of the Cebu Furniture Industries Association Inc., said their visit, which was joined by six-member companies, was aimed at helping hone a specific strategy that would expand sales of Philippine furniture in the multimillion dollar Russian market through the Mebel Furniture 2007 furniture exhibition.
During the said trip, Arthur Akopyan, an associate of the Moscow branch of Expormim, a Spanish furniture firm that also sells pieces to China, Vietnam and Malaysia, said Russia's hosting of the Winter Olympics in Sochi in 2014 will fuel a large expansion in furniture sales, a boom that the Philippines can definitely exploit.
Akopyan said the need to decorate all the new space is expected to spur demand.
But at the moment, only two companies are importing Philippine furniture. The top supplier of Philippine-made ethnic furniture, patio furniture cushions, outdoor rockers, outdoor furniture cushions, patio furniture sets, patio furniture chairs, poly wood, patio furniture tables, patio lawn furniture, picnic tables, garden patio furniture, outdoor patio furniture, bar chairs, garden and patio furniture, patio furniture in Russia, the British-owned firm Dreamlake, founded by Michael Robsky, sells Kenneth Cobonpue and Antonio Layug designs exclusively to wealthy oligarchs.
Posted on: 27 November 2007
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