Westag & Getalit delivers growth in operating profits

23.02.2021 − Westag & Getalit almost erased a slump recorded in the first nine months by recording an improvement in fourth-quarter revenues to €57.8m. » more

Russia imports 5% less furniture in Q3

23.02.2021 − In the third quarter of 2020, the value of Russian furniture imports decreased by 5% vis à vis the preceding year to US$467.5m.» more

Chemical group Borealis to divest melamine activities

22.02.2021 − Borealis has launched the process of selling its nitrogen business. Austrian OMV owns 75% of the shares in Borealis, with the other 25% in the hands of Mubadala Investment » more

Homann Holzwerkstoffe issues €60m bond

22.02.2021 − Homann Holzwerkstoffe intends to refinance its 2017/2022 bond early by issuing a new €60m bond. » more

14 outlets cut from Lumber Liquidators’ network

22.02.2021 − Lumber Liquidators had already announced at the beginning of November its withdrawal from Canada as well as the closure of six unprofitable facilities in the USA.» more

Drax to take over Pinnacle for a total of CAD831 million

19.02.2021 − Drax Group has signed an agreement with Pinnacle Renewable Energy (Pinnacle) for the acquisition of all Pinnacle shares. » more

Bergs Timber profits from heavy DIY demand

19.02.2021 − After the sales of its Swedish sawmills to Vida, Bergs Timber profited from heavy demand from the DIY sector in the fourth quarter as well. » more