NETHERLANDS - Ingka Group , Ikea's largest retailer, reported its share of Ikea retail sales at EUR 39.6 billion for Fiscal Year 2024 (FY24), a 5% decline from EUR 41.7 billion in FY23. The company focused on lowering prices, investing over EUR 2.1 billion in...
BELGIUM - Dieffenbacher and Unilin Technologies announced a cooperation agreement to commercialize Osiris, Unilin’s patented fiberboard recycling technology. This partnership enhances both companies' commitment to sustainability in the flooring and panel industries by...
GERMANY - The Red Dot Award, recognized worldwide for its excellence in design, has broadened its scope by introducing a new meta-category focused on sustainable design. This category aims to highlight products that are not only aesthetically pleasing and functional...
BRAZIL - According to the latest Ibá (Brazilian Tree Industry) Annual Report, the cultivated tree sector in Brazil has surpassed 10 million hectares for the first time. These trees produce renewable, biodegradable, and recyclable bioproducts for over 2 billion people...
COLOMBIA - Ikea has opened a new store in Medellín, continuing its regional expansion plan in partnership with Falabella. This new location, at the Viva Envigado shopping center, spans 18,000 square meters, with 12,200 square meters dedicated to sales. Customers can...
USA - Wilsonart, a world-leading engineered surfaces company, recently announced the release of its 2023 Sustainability Report. This report, now available on the company’s website, highlights Wilsonart’s ongoing commitment to sustainability and transparency in its...
GERMANY - imm cologne 2025 programed for January has been canceled. Koelnmesse, in collaboration with the Association of the German Furniture Industry (VDM) and the Furniture and Kitchens Trade Association (BVDM), made this decision due to significant economic...
COLOMBIA - In the first half of 2024 (6M-2024), particleboard imports in Latin America demonstrated varied trends across different countries. The total imports in the region amounted to USD 266.3 million, showing a slight decline of 2.6% compared to USD 273.5 million...
ITALY - A recent article by CSIL Market Research highlights that the European furniture industry is in the early stages of digital transformation, with only a few leading manufacturers fully integrating digitalization into their processes. CSIL’s research shows that...
GERMANY - A new format debuts at LIGNA’s anniversary edition in 2025: LIGNA.Circular. From May 26 to 30, 2025, Hall 12 at the Hannover Fairground in Germany will spotlight a pressing topic for the woodworking industry: circular transformation in wood processing. Under...
ECUADOR - Due to its pioneering work in the export industry, Novopan was awarded first place in the "Large Exporting Company of Industrialized Goods" category at PremioeXpor 2024, organized by the Ecuadorian Federation of Exporters (Fedexpor). Ignacio Bustamante, CEO...
SLOVENIA - SCM has inaugurated its new subsidiary, SCM Adria, in Slovenia, aimed at providing specialized sales and service support to woodworking businesses in Slovenia and Serbia. The opening ceremony on September 26 featured local dignitaries, highlighting the...
