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Välinge’s parent company acquires Croatian furniture maker

by ssbhayani | Nov 16, 2022 | #timberindustrynews, acquisition, Companies & Industry Events, Croatia, furniture, Industry News, Latest Trends, Sweden, Välinge

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group…

Välinge’s parent company acquires Croatian furniture maker

by ssbhayani | Nov 15, 2022 | #timberindustrynews, Companies in the timber industry, Croatia, Daily News, furniture, Global Trends, Industry News, Sweden, Välinge

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group…

IKEA’s FY sales jump as it starts to lower prices

by ssbhayani | Oct 20, 2022 | #timberindustrynews, Companies in the timber industry, Daily News, furniture, Global Trends, Ikea, Industry News, Lumber Pricing Trends, wooden furniture

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial…

Ikea announces further investments in Chinese market

by ssbhayani | Aug 31, 2022 | #timberindustrynews, China, Companies & Industry Events, furniture, Ikea, Industry News, Latest Trends

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading → The post Ikea...