Miscellaneous

Euroconstruct adjusts forecast slightly upwards

01.03.2021 − Euroconstruct forecasts the completion rate in Europe in 2021 to be at approximately the same level as in the preceding year, with a total of 1.684m new dwellings.» more

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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

Eurobaustoff centrally invoiced turnover up 12.3%

22.02.2021 − Eurobaustoff concluded the 2020 financial year with a 12.3% increase in centrally invoiced net purchasing turnover. » more

Hornbach has so far compensated for store closures

19.02.2021 − The renewed DIY-store closures in Austria and the Czech Republic from October had scarcely any impact on the development in sales revenue of Hornbach in the third quarter.» more

Weinig: effects from December cyber attack still being felt

15.02.2021 − Consequences of the cyber attack on the IT system of Weinig Group on 6 December continue to be felt up to the beginning of February. » more

France: DIY revenues grew 4.8% last year

12.02.2021 − The French DIY industry fared better in 2020 than in previous years, even though brick and mortar shops had to close as part of lockdowns to stop the spread of the Covid-19 pandemic. » more

DIY chains posted often double-digit percentage growth

10.02.2021 − Europe’s DIY industry has so far managed to offset the adverse effects of the Covid-19 pandemic amidst shifts in consumer spending towards home and furnishing purchases.» more

England: housing starts decrease by 8%

05.02.2021 − In the third quarter, housing starts in England - adjusted to account for seasonal influences - declined by 8% vis à vis the comparative quarter of the preceding year to 35,710 units. » more

US housing starts increase by 5.2% in 2020

04.02.2021 − In 2020, housing starts in the USA increased by 5.2% vis à vis the preceding year’s seasonally adjusted figures to 1.669m units. » more

Koelnmesse to decide on Interzum by February

04.02.2021 − In mid-December, Koelnmesse extended the period of abstention from holding its own events by another month. » more

Sistema examining possible IPO of Segezha Group

01.02.2021 − The Russian conglomerate AFK Sistema is currently examining the possibility of listing Segezha Group of Segezha on the stock market this year by means of an initial public offering (IPO).» more

Two more supplier fairs in South America rescheduled

01.02.2021 − Covid-related restrictions have led organisers to postpone two more supplier fairs in South America. » more

Domotex Hanover only as a digital event

29.01.2021 − Deutsche Messe has cancelled the Domotex flooring fair in Hanover, Germany owing to longer-lasting restrictions caused by the coronavirus crisis. » more

Container costs: associations call on EU Commission

28.01.2021 − The European Freight Forwarders Association (CLECAT) and European Shippers’ Council (ESC) have urged the European Commission (EU Commission) to take action against international container carriers. » more

German DIY sector expects growth in all areas

04.01.2021 − According to estimates by Klaus-Peter Teipel Research & Consulting, German DIY and garden stores have achieved growth of 13.7% to €26.1bn in 2020. » more

EUWID bids farewell to Christmas break

18.12.2020 − The EUWID Wood Products and Panels editorial team is saying goodbye to the Christmas break with the reports posted today. » more

Trading restrictions have been partially lifted

11.12.2020 − Kingfisher was able to keep all of its approximately 1,370 branches open for in-store purchasing during November, despite the government-imposed lockdown measures in all countries in which it operates. » more

Leonhardt now called Xylo Machinery DE

10.12.2020 − The lumberyard and shredding technology specialist Leonhardt Holzmaschinen has done business as Xylo Machinery DE GmbH since September. » more

MAX Automation: delays lead to reduced turnover

27.11.2020 − In the third quarter, corona-related delays in the implementation of projects have led to a reduction in group turnover of MAX Automation. » more

British associations TTF and TRADA intend to merge

26.11.2020 − Timber Trade Federation (TTF) and the Timber Research and Development Association (TRADA) are to merge into one unit. » more

Westag & Getalit divisions show mixed performances

23.11.2020 − Westag & Getalit has announced that both of its divisions staged a recovery over the past few months. » more

Homag finalises its acquisition of System TM

20.11.2020 − Homag Group completed its purchase of an 80% stake in System TM in late October, as planned. » more

Kitchen industry believes sales growth possible in 2021

17.11.2020 − German manufacturers of kitchen furniture and electrical appliances consolidated in AMK are expecting increases in sales and turnover during the current year. » more

Growing scepticism in German wood/furniture sectors

13.11.2020 − In spite of the positive development in most sectors at the moment, the German wood industry’s expectations of business development in the months ahead became cloudier again in October. » more

Acimall: Export business with a stronger Q3 performance

06.11.2020 − Italian woodworking machinery manufacturers have seen their order intake stage a bit of a recovery after marked decreases in the first half of the current year.» more

Lingl and SMB Maschinenbau file for insolvency

30.10.2020 − Hans Lingl Anlagenbau und Verfahrenstechnik (Lingl) has submitted an application to the district court in Neu-Ulm for the opening of insolvency proceedings. » more

BASF construction chemicals unit renamed MBCC

26.10.2020 − BASF completed the divestment of its construction chemicals business to a subsidiary of the US private equity firm Lone Star Funds on 30 September.» more

Homag founds division Construction Elements Solutions

23.10.2020 − Homag Group is planning to ramp up its wood construction elements operations by buying a majority stake in System TM and creating a new business area called Construction Elements Solutions. » more

Tide has turned in price trends over the past few months

14.10.2020 − Shifts in demand triggered by the Covid-19 pandemic have had an impact on the trend in prices for different wood and wood-based panel products over the past few months, as well. » more

Domotex Hannover moved forward by two days

13.10.2020 − Deutsche Messe has now decided to bring forward the new date for the Domotex flooring fair by two days.» more