Economics by Tile International
USA: 2016 Ceramic Tile Market Update
Strengthened by steady growth in the housing and construction markets, the U.S. economy continued to expand in 2016, helping lift the U.S. ceramic tile market to a seventh straight year of growth.
Litokol acquires a 21% share in Estima Keramika
Last December, the historic Italian adhesives manufacturer Litokol acquired a 21% stake in Estima, the largest Russian porcelain tile manufacturer.
Marazzi acquires Italian tile producer Emilceramica
The agreement for the acquisition of the historic Fiorano Modenese-based ceramic company was signed on 20 January and will be finalised following approval from the Antitrust Authorities.
Tax concessions in the Italian building sector grew by 24% in the first seven months of 2016
For 2016 as a whole CRESME estimates total investments (including VAT) of 29.2 billion euros and 1.7 million applications.
Wienerberger reports growth in net profits
Wienerberger Group remained on track throughout the first nine months of 2016.
Panariagroup posts double-figure growth
The Italian ceramic group has closed the third quarter of 2016 with a further sharp rise in net revenues, margins and consolidated net profits.
Budget for Expo 2020 Dubai site to exceed USD 8 billion
Executive Director of the Expo 2020 Dubai Bureau, Najeeb Al-Ali, presented Expo 2020, the first mega event in the Middle East at The Big 5 2016
Ceramica Fondovalle focuses on large-format panels
Economy & Markets: Tile International speacks with mr. Baraldi
The world leading ceramic tile manufacturing groups
The American giant Mohawk Industries, Inc. remains firmly at the top of the rankings updated by Ceramic World Review.
Hospitality in Dubai: 71,000 new hotel rooms in the pipeline
Latest report commissioned by The Big 5 reveals USD 98.3 billion worth of hospitality, leisure and recreation projects in the UAE.
Construction in Europe, 81th Euroconstruct
According to the report released at the end of the 81st Euroconstruct Conference held in June in Dublin, it is estimated that GDP will grow by 1.9% per annum for the 19 Euroconstruct countries in the three years 2016-2018.