# Bene AG

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**Bene AG** is a publicly listed [Austrian](/source/Austria) [office furniture](/source/Office_furniture) manufacturer and service provider. In the 2022 business year, the company reported a turnover of €176 million.[1]

The company develops and manufactures office furniture and offers related sales and [consulting](/source/Consulting) services. Its products and services are available through a network of 82 sales locations in 32 countries. Bene Consulting, a subsidiary of the group, provides advisory services and manages office projects from offices in [Waidhofen an der Ybbs](/source/Waidhofen_an_der_Ybbs), [Vienna](/source/Vienna), and [Frankfurt](/source/Frankfurt). Another subsidiary, Bene Solutions, is responsible for furniture design and production.[2]

## History

Bene was founded in 1790 and began industrial-scale office furniture production in 1951. During the 1980s, the company expanded internationally, establishing offices in [London](/source/London) and [Moscow](/source/Moscow).[citation needed] In 1989, production was relocated from [Zell an der Ybbs](https://de.wikipedia.org/wiki/Zell_an_der_Ybbs) to the current headquarters in [Waidhofen an der Ybbs](/source/Waidhofen_an_der_Ybbs), designed by architect [Laurids Ortner](https://de.wikipedia.org/wiki/Laurids_Ortner).

From 1995 to 1998, Bene extended its presence across Central and Eastern Europe, opening locations in the [Czech Republic](/source/Czech_Republic), [Hungary](/source/Hungary), [Poland](/source/Poland), [Romania](/source/Romania), [Slovakia](/source/Slovakia), and [Slovenia](/source/Slovenia). In 1998, it entered the German market by acquiring Objektform. Between 2000 and 2003, the company expanded into [Western Europe](/source/Western_Europe), opening outlets in the [Benelux](/source/Benelux) region and [France](/source/France). The Waidhofen production site also grew from 9,000 m2 to 40,000 m2, with an investment of approximately €22 million.

In 2003, Bene entered a joint venture in [Poland](/source/Poland) (Bene Nowy Styl S.A.) and opened a branch in [Dubai](/source/Dubai) to serve the Middle Eastern market. In 2004, the company partnered with Japanese office furniture firm KOKUYO Co., Ltd. to expand into Asia. Sales also began in [Croatia](/source/Croatia) and [Serbia](/source/Serbia).[3]

In August 2004, a financial syndicate led by Unternehmens Invest AG (UIAG) became a stakeholder. Bene received [ISO 9001](/source/ISO_9001) and [ISO 14001](/source/ISO_14001) certifications in 2006, and transitioned into a [joint-stock company](/source/Joint-stock_company) (AG). Its [initial public offering](/source/Initial_public_offering) (IPO) on the [Vienna Stock Exchange](/source/Vienna_Stock_Exchange) marked UIAG's exit. That year, the company also entered the markets of [Bulgaria](/source/Bulgaria), [Ukraine](/source/Ukraine), [Spain](/source/Spain), [Ireland](/source/Ireland), and [Kuwait](/source/Kuwait). In November 2006, it acquired the German TILL Group, formerly a distribution partner. In April 2007, it expanded further by acquiring a distribution partner in [Belgium](/source/Belgium).[4]

## Financial information (2008/09)

Metric Value Group sales (2008/09) €265.3 million EBITDA (2008/09) €11.4 million Export share 72% Employees (as of October 2009) 1,295 Sales points 82 in 32 countries Source

## References

1. ["Annual Report 2022"](https://bene.com/en/bene/press/annual-report-2022). *bene.com*. Retrieved 2025-01-23.

1. ["euro adhoc: BENE AG / Annual Reports / BENE closes the financial year 2006/07 with a significant improvement in sales and earnings."](https://www.presseportal.ch/de/pm/100012439/100532427). *presseportal.ch*. Retrieved 2025-01-13.

1. ["Bene | The international office expert"](https://bene.com/en/bene/about-bene/bene). *bene.com*. Retrieved 2025-01-13.

1. ["OUR COMPANY"](https://issuu.com/beneoffice/docs/bene-sustainability-report-2021/s/13866072). *Issuu*. Retrieved 2025-01-13.

## External links

- [Official archived website](https://web.archive.org/web/20190827063908/https://bene.com/)
- [Bene showroom at PureAustrianDesign.com](https://web.archive.org/web/20080810203916/http://pureaustriandesign.com/showroom/bene)

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Adapted from the Wikipedia article [Bene AG](https://en.wikipedia.org/wiki/Bene_AG) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Bene_AG?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
