All News
API of NH Honors Rep and Manufacturer of the Year Winner
25 May 2018 Each year API of NH chooses one outstanding Representative/Manufacturer to honor for their past year of outstanding performance. They have chosen Duro Dyne as their Rep of the Year for 20...
LG and RST Thermal Host Contractor Partner Event
25 May 2018 On April 18, LG and local rep RST Thermal, hosted a contractor partner event at Gillette Stadium, home of the 5-time champion New England Patriots. The event celebrated the intro...
DCNE Presents 3 Star Awards to the Boston Bruins
25 May 2018 Michele Kolligian, Executive Vice President and Owner of DCNE, presented the 3 Star Awards to members of the Boston Bruins team on April 7, 2018. The Boston Bruins flagship stati...
Mestek Purchases Barcol-Air USA Radiant Ceiling Products
25 May 2018 Mestek, Inc., through its subsidiary, Radiant Advantage Designs, LLC, has purchased the radiant ceiling products and certain physical assets of Barcol-Air USA, Ltd. of Oxford, CT, and has exclusively licensed certain radiant designs and intellectual property of Barcol-Air Group of Schwerzenbach, Switzerland for manufacture and sale in North America. Founded in 1979, Barcol-Ai...
Others
The VRF market in Eastern Europe is marking steady growth. In addition to Japanese and South Korean players, Chinese companies are also emerging on the scene. Chinese manufacturers position Eastern Europe as a priority market for their VRF products and are increasing their product exports. The entire Eastern European VRF market excluding Russia rose by 20% in 2017 compared with 2016. Pola...
Russia
According to the IMF, Russia’s GDP growth rate came to 1.7% in 2017. This is the first positive growth recorded since 2014. The economy was fairly stable in 2017, and investment related to the 2018 FIFA World Cup helped add to VRF demand. Russia’s VRF market increased to 7,000 units in 2017. As long as Russian politics stay stable, substantial growth is expected in 2018. Daiki...
Turkey
Political stability has helped usher in a greater number of government-led projects. The summer of 2017 also saw heat waves, and VRF demand even in the residential sector is posting steady recovery. ...
Germany
The German VRF market increased to 12,300 units in 2017, growth of around 7.5%. Daikin is the leading brand in Germany, followed closely by Mitsubishi Electric and MHI. Partnering wi...
Spain
Spain saw economic recovery, boosting growth of VRF sales. The VRF market showed double-digit growth, reaching 9,600 units in 2017. The top two brands in the market are Daikin and Mitsubishi ...
Italy
VRF market scale in Italy increased to 19,000 units in 2017. Like other European markets, the Italian VRF market is a replacement market. Stores have been increasing their investments, and re...
