News archive

2020

Xylexpo re-postponed to 2022

14-07-2020

Xylexpo, a biennial global exhibition for woodworking technology and furniture supplies, has been re-postponed to 2022. The event was scheduled to run in May 2020, but was postponed to November in light of the COVID-19 pandemic. However, in their recent press release, show organisers stated that "it is impossible to organise Xylexpo in 2020". The …

Global forest trade continues amid COVID-19 pandemic

13-07-2020
World, COVID-19, Lumber, Hardwood Chips

Wood Resources International (WRI) reports that although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the forest products industry has remained fairly strong.  According to a recent WRI release, many commodity products saw reduced trade during March and April as a result of reduced demand, …

BNL BNP Paribas Group: 50 million euros to Biesse Group

07-07-2020

BNL BNP Paribas Group has structured a 50-million-euro positive loan in favour of Biesse Group, a multinational company based in Pesaro with four business divisions, 12 production sites and 39 subsidiaries and representative offices worldwide. BNL's positive loan is an innovative form of financing whose economic conditions further improve upon the …

IFMAC & WOODMAC postponed to 12 to 15 October 2021

06-07-2020

The International Furniture Manufacturing Components and Woodworking Machinery Exhibition (IFMAC & WOODMAC) 2020 edition will be postponed to 12 to 15 October 2021. PT Wahana Kemalaniaga Makmur (WAKENI), IFMAC & WOODMAC’s organizer and its industry partners, including Deutsche Messe representing LIGNA, have conclusively decided …

Axel Steiger appointed new CFO of WEINIG AG

06-07-2020
WEINIG, Management

At its last meeting, WEINIG’s Supervisory Board appointed Axel Steiger as its new Chief Financial Officer, succeeding former CFO Gerald Schmidt. Working alongside Chief Executive Officer Gregor Baumbusch and Chief Technology Officer Dr Mario Kordt, Steiger is responsible for the finance and accounting division. He took office on 1 July …

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