MEXICO – Proteak, the main forestry company in Mexico, reported a significant decline in revenues for both the third quarter and the first nine months of 2025, reflecting weaker MDF and teak sales. However, the company managed to reduce its net...
BELGIUM – The European Commission has imposed provisional anti-dumping duties of 5.4% on Brazilian softwood plywood imports, aiming to curb a surge of cheaper shipments that have undercut European producers and squeezed margins. The measure, enacted under...
USA – MasterBrand, North America’s largest residential cabinet manufacturer, announced its third-quarter 2025 financial results, showing stable performance amid continued market softness. Net sales totaled USD 698.9 million, down 2.7% from the same period...
SWEDEN – Sweden’s Inter Ikea, the company that supplies furniture to Ikea stores worldwide, reported a 26% drop in annual operating profit due to rising costs driven by U.S. tariffs. For the fiscal year ending August 31, 2025, operating profit stood...
GERMANY – German machinery and plant manufacturer Dieffenbacher has announced the appointment of Kathrin Kamm as its new Head of Marketing, effective November 1, 2025. She succeeds Dirk Eisenmann, who will leave the company at his own request on...
