please find the sixth edition of our FEST newsletter below.
Yours
Sue Knight, Director General FEST
Nikolaus Klein, Matthew Gray, Editors, Hassan Abou Jawhar
(Editors)
Victorian Plumbing
Victorian Plumbing, according to company statements, the UK’s leading online retailer of bathroom products and accessories, has recently began trading of its ordinary shares on AIM, a market of London Stock Exchange plc. On June 22, the first day of trading, the share price rose from its debut of 262p to 330p, a margin of over 20%. This development valued the company at just over one billion pounds.
Rapidly rising prices of raw materials are creating problems for the industry.
The easing of lockdown restrictions and the reopening of many industries has led to massive pressures on the supply chain for a number of vital construction products. Coupled with such events as the interruption in trade due to the Suez Canal closure and the subsequent overwhelming pressure on the ports, many essential materials have become scarce.
Belgium wholesalers’ association offers manufacturers awards via its InstallData.be platform
Once again, the InstallData.be platform has awarded a prize to manufacturers whose data quality is the best in the industry, with suppliers split into two categories, dependent on the size of product range.
The effects of the Covid-19 pandemic continue to affect the construction sector. Due to the measures taken by individual countires, the national markets have all developed differently. It is interesting to compare the differences and similarities between the current situation and the 2008 financial crisis.
The RAS editorial team was in dialogue with Dr Karsten Hoppe at the company’s European management hub in Frankfurt/Main. Uponor has a total of seven sites in Germany, including its subsidiaries.
