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Keyword: furniture

Woodworking machinery industry in Italy shows great results for 2017

2017 was a good year for the industry Italian woodworking machinery manufacturers, according to Acimall's latest figures. The value [...]

IKEA’s first store in India to be opened by mid-2018

IKEA has invested nearly Rs 1,000 crore during the last 2 years in the creation of infrastructure, including land [...]

Forte invests in new particleboard line in Poland

One of the largest European furniture manufacturers Fabryki Mebli “Forte” S.A. started-up prodution at its new particleboard line [...]

Insolvent Tvilum sold to Danish investor group

Tvilum filed for bankruptcy on the 2nd of February and ceased production on its plants in Farvang and Kjellerup, Denmark [...]

US furniture market outlook positive

Imports of wooden furniture were up 4% in November. Except for Canada and India, most countries increased furniture exports to [...]

IKEA bought 25,000 acres of forest in Alabama

IKEA Group has recently bought its first forest property in the US. The surface of the property is covering approximately [...]

Global furniture production dominated by China

Total furniture production in the world’s 100 largest countries, by GDP, was valued at USUS$430 billion in 2017 [...]

EU wood furniture surplus narrows as imports rise

The EU has maintained a trade surplus in wood furniture since 2011 when exports to non-EU countries overtook imports [...]

Chinese furniture manufacturers relocate operations to Vietnam

Many Chinese furniture manufacturers are relocating their manufacturing operations to Vietnam in an effort to deal with rising domestic labor [...]

EU Commission to investigate IKEA for tax fraud

The European Commission will open a thorough investigation into the corporate tax structure at Inter IKEA, one of the two [...]