Saudi Arabia : A Saudi government agency has launched a nationwide program to replace outdated air conditioners with newer, more...

USA: The California Energy Commission is considering a new code that will shape the construction of new buildings, additions, and...

Turkey: Johnson Controls has increased production capacity at its Izmir, Türkiye plant with a US$3 million investment to meet rising...

Germany: Roca Group, a global leader in bathroom products, has acquired Innotec Systemelemente GmbH, a German manufacturer specializing...

Europe: Construction activity in the Eurozone saw a sharp decline in August, driven by ongoing difficulties in the residential sector....

China: China’s exports surged in August, growing 8.7% year-on-year, the fastest pace since March 2023, surpassing the 6.5% increase...

Vietnam: Sanhua, a Chinese manufacturer of air conditioning and refrigeration components, has completed the second phase of its 60.8...

Saudi Arabia: GROHE, a leading global brand for bathroom solutions and kitchen fittings, has launched its first manufacturing facility in...

China: Consumer inflation accelerated in August in China, with the Consumer Price Index (CPI) rising 0.6% from a year earlier, up from...

United States: Paschal Air, Plumbing & Electric, a leading home services provider in Arkansas, Missouri, and Texas, has acquired Patriot...

Europe: The EU construction sector is expected to see a 1.5% decline in 2024, a larger decrease than previously forecast, largely due to...

United States: Kian Capital-backed Team Air Distributing has acquired Best Choice Supply (BCS), an HVAC wholesale distributor based in...

United States: Rheem has announced its intent to acquire Nortek Global HVAC (NGH), a leading air conditioning products manufacturer based...

United Kingdom: Viessmann Climate Solutions has entered a strategic partnership with APP Plumbing and Heating, a leading national...

India: The government's two-year-old production-linked incentive (PLI) scheme for air conditioner (AC) components has significantly...

Vietnam: Green construction is gaining momentum and may soon become a compulsory standard in Vietnam. The focus on using eco-friendly...

US: Construction spending in the US fell by 0.3% in July, a larger drop than the 0.1% expected by economists, as rising mortgage rates...

Czech Republic: In the second quarter, the average real wage in the Czech Republic decelerated, falling below market expectations due to...

Serbia: The Serbian mining ministry is seeking consultancy services for the implementation of a €41.9 million (46.3 million USD)...

Australia: New home building approvals have reached a 14-month high, signaling a return of market confidence. According to the Australian...