Things are going badly in the furniture industry. The furniture of the bankrupt factory can be auctioned this Friday

Things are going badly in the furniture industry.  The furniture of the bankrupt factory can be auctioned this Friday

After 30 years of operation, the Klose furniture factory ceases operations. The problems began during the pandemic, and the war in Ukraine made the situation even worse. The furniture sale will begin at the beginning of November.

The history of the furniture factory based in Nowe (Kujawsko-Pomorskie Voivodeship) dates back to 1992-1993, when a German company founded by Karl Heinz Klose took over three plants of the Pomorska Fabryka Mebli from the State Treasury. Soon, production lines were also opened in Czersk and Gościcin (Pomeranian Voivodeship).

Recent years have been difficult for furniture manufacturers. The price of the main raw material, i.e. wood, has increased, energy prices have gone up – and the production of furniture consumes huge amounts of it – and due to the general price increase and the decline in the number of properties sold, Poles have limited their purchases in furniture stores. At the end of 2022, the owner of the company Klose announced that he was looking for investors. He also announced restructuring, but production was suspended at the end of June. At that time, the company employed approximately 200 employees.

Furniture auction. Rules

Currently, bankruptcy proceedings are pending before the District Court in Bydgoszcz.

Later this week – on November 3 – at 10 a.m., a public auction of over 80 various pieces of furniture will take place in Nowe, with starting prices half of those previously set by Klose. You will be able to bid, among others: sofas, corner sofas, showcases, tables, chairs and cabinets. Starting prices range from PLN 450 (table 70/33/50 cm) to PLN 12.5 thousand. PLN (oiled table 400/130/78.5 cm).

You must come to the auction with money, because the person who submitted the best bid must pay at least the starting price in cash immediately after the bid. Participating in the auction is dependent on paying a deposit no later than one hour before the auction date.

Problems of furniture manufacturers

The entire sector is facing bankruptcies. The latest data indicate 249 new debtors, while the amount of debt increased by 3% over the year. up to PLN 266 million.

– Therefore, problems are faced not only by entities that have had them before, but also by companies that have been reliable payers so far – said Sławomir Grzelczak, president of BIG InfoMonitor, in an interview with money.pl.

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