NETHERLANDS – Ingka Group, the largest Ikea retailer worldwide, is expanding its EV charging networks, installing 1,000 new charging points in its stores in Germany by 2028 and 1,000 more in its stores in in Norway, Denmark, and Sweden by 2024. This investment...
CHINA – In the final quarter of 2023, the German-based company Homag, a leading provider of integrated solutions for the woodworking industry, secured a substantial order from China’s Luli Wood Industry. This significant contract, valued at approximately...
GERMANY – Prior to Holz-Handwerk 2024, Weinig signed a contract to take over the grinding machine program of Stähle-Hess GmbH. After the technical integration phase, the Rotofinish, Gloria and Saturn machines will be produced at Weinig from 2025 and sold under...
ITALY – The Egger Group has secured a 60% ownership in Cartfer Urbania S.r.l., a leading recycling company situated in Urbania, Italy, at the core of the Italian furniture industry. This acquisition marks a significant milestone for Egger as it expands its...
USA – In 2023, tropical forest conservation saw positive developments as deforestation rates declined, with Brazil and Colombia achieving significant reductions in primary forest loss. Brazil experienced a 36% reduction, its lowest level since 2015, and Colombia...