Resume Direct Distribution Germany: Swegon Germany GmbH has returned the distribution rights for Fujitsu-branded split, multisplit, and VRF air conditioning systems to Fujitsu General. Effective at the turn of the year 2025/2026, Fujitsu General will take over direct distribution of its air conditioning products in Germany, a role previously managed by Swegon Germany. This strategic move aligns with Fujitsu General’s broader European approach of strengthening direct sales to

Invest USD 11.2 Million India: The Noida Authority announced that South Korean firm LG Corp will establish a Global Research and Development (R&D) Centre in Noida with an investment of Rs 1,000 crore (USD 11.2 million), creating around 500 jobs. The authority has allotted 27,129 square metres of land in the Phase-II Industrial Sector for the project, which has already been approved by the authority board. Officials stated that the initiative will not only generate employment

Strengthens Leadership Team UK: Triton Showers has announced three new board appointments directors as part of its strategy to reinforce senior leadership and drive long-term business growth. Emily Johnson has been appointed Sales Director – Retail and Export after 17 years with the company, progressing from National Account Manager to Head of Retail and Export Sales. With over 20 years of experience in product management and development, Philip Viner joins as Commercial Dire

Reports Weak Q2 Results India: Amber Enterprises Ltd. reported weaker-than-expected earnings for the September quarter, missing estimates across all key metrics. The company posted a net loss of Rs. 32.9 crore (USD 0.37 million) compared to a net profit of Rs. 19.2 crore (USD 0.22 million) a year earlier, while revenue from operations declined 2.2% to Rs. 1,647 crore (USD 18.5 million) from Rs. 1,684 crore (USD 18.9 million). EBITDA fell 20% to Rs. 91.2 crore (USD 1.02 millio

Drive Surge in Gas Water Heater Singapore: Condominium developers in Singapore are increasingly adopting gas water heaters, with 70% of new private homes connected to town gas now equipped with such systems. According to City Energy, installations in completed projects have risen by 210% between 2023 and 2025 compared to the 2020–2022 period, with more than 360 condominium developments currently using gas heaters. Instantaneous gas water heaters are now used in over 210,000 h

Doubles Production Capacity Mexcio: Danfoss inaugurated the expansion of its Monterrey factory in Mexico, doubling its production capacity to meet growing demand for energy-efficient HVAC equipment across North and Latin America. The investment, part of the company’s LEAP 2030 strategy to strengthen global supply chains and reduce delivery times, includes expanding the compressor laboratory from 500 m² to 1,000 m² and enhancing sustainability, safety, supplier diversity, and

Three-Year MOU to Strengthen Global HVACR Standards Europe and East Asia: Eurovent Certification and the Korea HVAC Testing Institute (K-HVAC) have signed a three-year Memorandum of Understanding (MOU) to enhance collaboration in HVACR product certification and standard harmonisation, aiming to strengthen cooperation between Europe and East Asia. The partnership will focus on knowledge sharing, joint promotion of standards and certification programmes, and aligning European,

Issues Guidance on HFC Phase-Down Middle East: Eurovent Middle East has released its first industry guidance on the upcoming transition away from hydrofluorocarbon-based refrigerants (HFCs) in the Gulf Cooperation Council (GCC) region, following discussions during the HVACR Next Generation Congress in Riyadh on October 28, 2025. This move follows Saudi Arabia’s ratification of the Kigali Amendment in September, mandating an HFC phasedown starting with a baseline freeze in 202

Bathroom Over the past few years, a quiet but meaningful shift has taken place in the Balkans’ bathroom products industry. Once dominated by multinational brands and imports, the market is now witnessing the rise of local players who combine cost efficiency, design adaptability, and regional identity into compelling offerings.  Croatia: Local Expertise Meets Market Maturity   In Croatia, the bathroom products market has evolved from one dependent on imports to one where domes

closed sign UK: Upmarket tile retailer Fired Earth has closed all of its high street stores after entering administration. The company’s 20 UK showrooms, located in affluent areas such as London’s New Kings Road and Islington, have been shut down, resulting in 133 job losses following the appointment of administrators from Leonard Curtis. According to the administrators, the collapse stemmed from prolonged financial strain on the business, which is known for its handmade tile

Samsung Logo SOUTH KOREA: Samsung Electronics announced that it has finalized the acquisition of FläktGroup, Europe’s largest HVAC manufacturer. With this acquisition, Samsung intends to leverage FläktGroup’s extensive production and sales infrastructure to enhance research and development capabilities, strengthen its supply chain, and progressively integrate products and services to generate synergies across operations. FläktGroup’s subsidiaries, including Woods Air Movement

Heat pump ITALY: Ariston’s shares rose 6.37% to €3.70 (US$ 4.26) following the release of its third quarter and nine-month 2025 results on November 5, which highlighted accelerated organic growth and continued margin improvement supported by a strong rebound in heat pump demand. The company reported net revenues of €668 million (US$ 768 million) for Q3 2025, reflecting 4.2% year-over-year organic growth. Adjusted EBIT reached €48 million (US$55 million), with a 7.4% margin on