USA – HNI Corporation and Steelcase Inc., two giants of the North American contract furniture industry, have agreed to merge in a cash and stock transaction valued at approximately USD 2.2 billion. The deal, expected to close by the end of 2025, will see HNI...
ECUADOR – Ecuador’s exports of particleboard / MDP totaled USD 91.3 million between January and June 2025, marking a decline of 8.1% compared to the same period in 2024. Despite the overall drop, the first half of the year revealed growth in key markets...
AUSTRIA – Despite a persistently difficult global context marked by economic slowdown, weak construction demand, and geopolitical uncertainty, Egger posted solid results in the 2024/2025 financial year. The Austrian wood-based materials manufacturer reported...
GERMANY – Nobilia, Europe’s largest kitchen manufacturer and Germany’s top producer of kitchen furniture, has launched its first fully AI-generated commercial, marking a significant milestone in digital brand communication. The company, which claims to produce...
GERMANY – Surteco Group, one of the world’s leading full-service providers of decorative surfaces , reported a 2,5% drop in sales for the first half of 2025 (6M-2025), reaching EUR 436.3 million compared to EUR 447.6 million in the same period last year. The...
