BRG Building Solutions | market intelligence

Jun 62 min read

2023 Market Challenges: Sales Decline in most European countries, Yet Russia and Turkey See Increase

Feb 82 min read

European Hydronic Heating Market Faces Challenges Amid Declining Demand

Residential Building Output Falls 1.3% in Q2 Amid Housing Completion Pressure in Europe

brg_news_room

Aug 201 min read

Residential Building Output Falls 1.3% in Q2 Amid Housing Completion Pressure in Europe

Europe: The volume of production in the residential building sector declined by 1.3% between April and June, following a 7.3% growth in...

UK Economy Exits Recession with 0.6% Growth in Early 2024

brg_news_room

Aug 201 min read

UK Economy Exits Recession with 0.6% Growth in Early 2024

UK: The UK economy emerged from recession with a stronger-than-expected 0.6% growth in the first quarter of 2024, according to the Office...

Australia’s Housing Targets Hit by Construction Slowdown

brg_news_room

Aug 201 min read

Australia’s Housing Targets Hit by Construction Slowdown

Australia: The Australian government's goal of constructing 1.2 million homes over the next five years appears increasingly unattainable...

CTD Closes 56 Stores, Cuts 268 Jobs Amid Insolvency

brg_news_room

Aug 201 min read

CTD Closes 56 Stores, Cuts 268 Jobs Amid Insolvency

UK: The Newcastle-based brand CTD has announced the closure of 56 stores and the redundancy of 268 employees, according to statements...

Lowe's Expected to Report Sales Decline, Following Home Depot's Disappointing Results

brg_news_room

Aug 201 min read

Lowe's Expected to Report Sales Decline, Following Home Depot's Disappointing Results

USA: Lowe's is expected to release its fiscal Q2 earnings report on 20TH August. According to Bloomberg's consensus, Wall Street...

UK Heat Pump Installations Cross 250,000 Mark as Demand Soars

brg_news_room

Aug 191 min read

UK Heat Pump Installations Cross 250,000 Mark as Demand Soars

UK: The UK has achieved a significant milestone in the adoption of small-scale renewable energy, with 250,000 certified heat pump...

Electrolux Names Former Haier Executive as New CEO

brg_news_room

Aug 191 min read

Electrolux Names Former Haier Executive as New CEO

Sweden: Electrolux, the global appliance company, has appointed Yannick Fierling as its new CEO following the decision of current CEO...

Victorian Plumbing Shuts Down Rival Firm Three Months After Acquisition

brg_news_room

Aug 191 min read

Victorian Plumbing Shuts Down Rival Firm Three Months After Acquisition

UK: Victorian Plumbing is closing the rival retailer it acquired three months ago, putting a hundred jobs at risk. The bathroom...

Historic Doncaster Factory at Risk of Closure

brg_news_room

Aug 191 min read

Historic Doncaster Factory at Risk of Closure

UK: Jobs are at risk following the announcement that a historic Doncaster factory (Peglers) may face closure. The Netherlands-based...

Haier invests US$ 290 Million in its First Thai AC Plant

brg_news_room

Aug 191 min read

Haier invests US$ 290 Million in its First Thai AC Plant

Thailand: Haier, the Chinese consumer electronics and home appliance giant, has invested 10 billion baht (US$290 million) to establish...

Viessmann Expands Clean & Cold Footprint with KPS Global Acquisition

brg_news_room

Aug 151 min read

Viessmann Expands Clean & Cold Footprint with KPS Global Acquisition

US: Viessmann Generations Group, a family-owned company with a 107-year heritage, has signed an agreement to acquire KPS Global, a...

Lidl Expands DIY Offerings with New Stores in Hungary and Poland

brg_news_room

Aug 151 min read

Lidl Expands DIY Offerings with New Stores in Hungary and Poland

Hungary and Poland: Lidl has opened two trial stores in Hungary and Poland to sell its popular private label Parkside range of DIY...

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