Director Mindaugas Urmanavičius In order to use the enormous potential of the Russian furniture market and with a view to developing its expansion strategy in this country, SBA purchased a furniture producing company in Russia. The furniture producing company Novo Mebel was registered in February of 2005. Main activity of the company is production of furniture covered with natural veneer. The company also produces elements for solid wood furniture, and export-related activities are developed as well. Novo Mebel products are intended for the Russian market; therefore, they can be seen at furniture retail chains in this country. During the largest Russian furniture fair Mebel-2006, the Russian Association of Furniture and Wood Processing Companies and the Russian Design Union awarded Novo Mebel first prize in the Best Design nomination to the module cabinet furniture collection Dona. www.novomebel.ru