GERMANY – Preliminary data indicates that despite economic challenges, the Homag Group slightly increased sales revenue to EUR 1,625 million, attributing this to a high initial order backlog and service sector expansion.
European Panel Federation Signs the Antwerp Declaration for a European Industrial Deal
BELGICA – The European Panel Federation (EPF) has endorsed the Antwerp Declaration for a European Industrial Deal, joining 72 leading companies and 34 industry associations representing over 7.8 million jobs. They advocate for placing the Industrial Deal at the core of the new European Strategic Agenda for 2024-2029.
Biesse Approves Business Plan to 2026
ITALY – Biesse Spa recently announced the board’s approval of its 2024-2026 business plan, forecasting an average annual revenue growth between 2 percent and 4 percent over the plan period (2026: EUR 830 -880 million).
Siempelkamp Names Dr. Melanie Bockemühl to its Advisory Board
GERMANY – Starting January 1st, Dr. Melanie Bockemühl, renowned for her outstanding proficiency in digital technologies, officially joined the Advisory Board of G. Siempelkamp GmbH & Co. KG.
Sonae Arauco to Receive Wind Energy in Germany
GERMANY – Sonae Arauco is advancing its sustainability goals by moving closer to carbon neutrality. As a global leader in wood-based solutions, the company is actively driving the industry’s transition towards sustainability.
German Furniture Industry Sales will Fall by 4.3% in 2023
GERMANY – Sales in the German furniture industry are forecasted to decline by 4.3 percent in 2023, reaching approximately EUR 18 billion, as per official data.
FIMMA to Double Space with Latest Innovations in Machinery and Technology
SPAIN – FIMMA, the International Fair for Machinery for the Furniture-making and Wood Sectors, is gearing up to make a significant impact at the upcoming edition of FIMMA + Maderalia, scheduled from May 14th to 17th at Feria Valencia in Spain.
Orders for Italian Wood Processing Technology Down in 4Q-2023
ITALY – Acimall, the association representing Italian woodworking and furniture machinery and technology manufacturers, has released a report indicating a sustained decrease in orders, mirroring trends observed in previous quarters.
Peruvian Imports of Particleboard Decline 13.5% in 2023
PERU – Imports of particleboard (PB/MDP) to Peru amounted to a total value of USD 140.11 million in 2023, marking a decline of 13.5% compared to 2022 (USD 161.94 million).
Panamanian Wooden Furniture Imports Decrease Slightly in 2023
PANAMA – The value of Panamanian wooden furniture imports had a slight decrease of 0.7% in 2023. Reaching USD 49.33 million, compared to USD 49.65 million in 2022.
Two New Patents for Hymmen
Italian Wood Furniture Industry Down More Than Expected in 2023
ITALY — In its most recent monitor report, FederlegnoArredo, the Italian federation representing woodworking and furniture industries, revealed a significant 8.1 percent decline in turnover within the wood furnishing sector for 2023, totaling EUR 52.6 billion.