NOWY STYL GROUP SET UP A JOINT VENTURE COMPANY IN DUBAI

Nowy Styl Group has acquired the bigger lot of shares in Stylis Dubai. Together with its local partner, the company is going to furnish hotels in the Middle East, as well as intensify the sales of chairs and office furniture in this region. In January, the Management Board of Nowy Styl Group signed an agreement on the basis of which the company acquired 60% of shares of the company Stylis Dubai. The remaining 40% belong to the owners of Stylis with its headquarters in Saudi Arabia.