Despite the global pandemic, sales in Russia's DIY (Do It Yourself) and construction material sectors are continuing to grow. This is due in part to the legacy of government co-financed mortgage deals and high street lockdowns. Online home improvement stores are seeing a particular surge in popularity, as consumers look for ways to improve their homes without...

GWI, a German company that specializes in the manufacturing of high-quality wooden modular construction components, has gone into partnership with Polish construction company Erbud. This partnership will help expand Erbud's production of wooden modular construction components and allow them to penetrate new markets. GWI has been operating on the German market...

A Korean fund, represented by the Polish branch of BNP Paribas Real Estate, has acquired the 190,000 sqm distribution centre developed by Panattoni in Świebodzin in western Poland. Financing of almost EUR 100 million was granted for this transaction by a consortium of two banks, with BNP Paribas Bank Polska acting as the facility and security agent as well as...

Italian woodworking technology exports see 31.5% growth in first nine months of 2021 Intro: Despite global economic slowdown, Italian woodworking technology exports are seeing significant growth in the Central and Eastern European market. According to data published by ISTAT, Italian exports of woodworking machinery and plants increased by 31.5% compared to...

PepsiCo has held a foundation laying ceremony for a new PLN 1bn (£188m) food manufacturing plant in Poland, which it claims will be its most sustainable facility in Europe. Heating, cooling and water at the site will be reused, while rainwater will be collected and used onsite The new project is set to create a new food manufacturing facility on a 30-hectare...