SPAIN - The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has published the report on the foreign trade results of the Spanish furniture sector for the period from January to September 2024. During these nine months, international...
FINLAND – Koskisen , a leading wooden panel manufacturer in the Nordic region, recently announced that four of its particleboard (chipboard) products have officially earned the prestigious Nordic Swan Ecolabel, a widely recognized symbol of environmental...
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
NETHERLANDS - Ingka Group, the largest Ikea retailer, reported a revenue of EUR 41.8 billion for Fiscal Year 2024 (FY24), despite tough economic conditions, including high interest rates and inflation. The company prioritized affordability, reducing prices by EUR 2.1...
ECUADOR - In September 2024, Ecuador’s particleboard exports reached USD 18.2 million FOB, marking a 15.6% increase from the previous year. The primary destination countries for Ecuadorian exports were Colombia, Peru, and Panama. Exports to Colombia grew by 24.8% to...
GERMANY - In its 50th anniversary year, Ligna reflects on its origins, which began in 1975 when it branched off from Hannover Messe during the oil crisis to become an independent trade fair. Now, half a century later, the woodworking and wood processing industry is...
GERMANY – Sascha Groß , Managing Director of Hettich Holding, has decided to leave the company at the end of the year. During his 20 years at Hettich, Groß has played a key role in the expansion of international production sites and has made significant contributions...
GERMANY - Robot adoption in factories worldwide continues to accelerate. In 2023, the global average robot density reached a record 162 robots per 10,000 employees—more than double the 74 units recorded seven years ago, according to the World Robotics 2024 report by...
GERMANY – On November 19, 2024, the Management Board and Supervisory Board of Surteco Group SE published a joint statement regarding the mandatory offer from Banasino Investments S.à r.l., in compliance with Section 27 of the German Securities Acquisition and Takeover...
NETHERLANDS - Ingka Group, Ikea’s largest retailer, is investing EUR 1.5 billion to accelerate its shift away from fossil fuels, aiming to reduce its climate footprint by 85% by 2030 (from a 2016 baseline). The funds will retrofit existing stores with renewable...
BRAZIL - Impress Decor has revealed its Color of the Year for 2025: Nyria. Chosen after extensive research into global trends and the emotions shaping our daily lives, Nyria represents the search for stability and calm amid today’s uncertainty. In a time of global...
BELGIUM - The European Parliament has voted to delay the EU Deforestation Regulation (EUDR) by one year. Originally set to take effect on December 30, 2024, the law will now apply from December 30, 2025, for large companies, and June 30, 2026, for small businesses....
