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

Vahterus Expands Production Capacity to Meet Rising Demand for Heat Pumps

brg_news_room

Jun 131 min read

Vahterus Expands Production Capacity to Meet Rising Demand for Heat Pumps

Finland: Finnish manufacturer Vahterus is set to increase its production capacity by 20% in response to growing demand for heat pumps,...

Carrier Partners with DOE on Advanced Heat Pump Technologies

brg_news_room

Jun 131 min read

Carrier Partners with DOE on Advanced Heat Pump Technologies

USA: Carrier Global Corporation has announced a partnership with the U.S. Department of Energy (DOE) to develop advanced heat pump...

IMF Lowers Growth Forecast for the Philippines Amid Weak Consumption and Investment

brg_news_room

Jun 121 min read

IMF Lowers Growth Forecast for the Philippines Amid Weak Consumption and Investment

Philippines: The International Monetary Fund (IMF) has revised its growth forecast for the Philippines, citing weaker-than-expected...

CIM Group Announces Long-Term Lease with Homesense

brg_news_room

Jun 121 min read

CIM Group Announces Long-Term Lease with Homesense

USA: CIM Group announced on June 9 that it has signed a long-term lease with Homesense, a new concept from the parent company of...

Acquaviva Appoints Bantwal Ramesh Baliga as Chief Executive Officer

brg_news_room

Jun 121 min read

Acquaviva Appoints Bantwal Ramesh Baliga as Chief Executive Officer

India: Acquaviva, a luxury Italian bathroom accessory brand in India, has announced the appointment of Bantwal Ramesh Baliga as the...

Vancouver City Council Approves New Efficiency Standards for Water Heaters

brg_news_room

Jun 121 min read

Vancouver City Council Approves New Efficiency Standards for Water Heaters

Canada: On June 11, 2024, the Vancouver City Council approved updates to efficiency standards for replacement water heaters, aiming to...

Rising Costs and Regulatory Changes Drive Up HVAC Equipment Prices in the US

brg_news_room

Jun 121 min read

Rising Costs and Regulatory Changes Drive Up HVAC Equipment Prices in the US

USA: In recent years, the cost of HVAC equipment in the US has risen sharply due to several factors, including increasing raw material...

Thailand Targets Economic Growth with Tourism and Investment

brg_news_room

Jun 111 min read

Thailand Targets Economic Growth with Tourism and Investment

Thailand: Thailand aims for at least 3% economic growth in 2024, seeking to attract 36.7 million tourists and boost public and private...

A. O. Smith Projects Robust Sales Growth and Strategic Expansion for 2024

brg_news_room

Jun 111 min read

A. O. Smith Projects Robust Sales Growth and Strategic Expansion for 2024

North America: A. O. Smith Corporation is set to benefit from strong demand for water heater products and higher shipments in North...

Winsupply Expands HVAC Market Through Acquisition of General Metals

brg_news_room

Jun 111 min read

Winsupply Expands HVAC Market Through Acquisition of General Metals

USA: Winsupply has acquired General Metals Manufacturing & Supply Co., a Phoenix-based HVAC manufacturer and distributor established in...

Panasonic Partners with Together Housing to Provide Sustainable Heating in Northern England

brg_news_room

Jun 111 min read

Panasonic Partners with Together Housing to Provide Sustainable Heating in Northern England

UK: Panasonic has collaborated with social housing provider Together Housing to provide sustainable heating solutions to over 1,200 homes...

brg_news_room

Jun 101 min read

Hometree Acquires IMS Heat Pumps

UK: Hometree, the residential energy services company, has acquired Perth and Sheffield based renewable energy installer IMS Heat Pumps....

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