Applied

2017.11.26

2.4 EUROPE--France

French GDP gained momentum at the end of 2016. This positive trend was passed on to the first quarter of 2017 with GDP growing by 0.3%. Business investment accelerated by 0.9% due to very favorable co...

2017.11.26

2.4 EUROPE--Russia

In the last quarter of 2016, the Russian economy began to recover from the crisis. GDP growth is expected to be around 2% in 2017. In this September, the exchange rate of the national currency strengt...

2017.11.25

McQuay Air-cooled Screw Chillers Obtain Large Project

Recently, McQuay successfully obtained the air conditioning project of the Guiyang International Financial Center in Guizhou Province, which adopted 43 McQuay Pioneer series air-cooled screw heat pump...

2017.11.23

Eurovent Large AC & Air-side Market Report in the EMEA Zone

Eurovent Market Intelligence (EMI), the European reference for heating, ventilation, air conditioning, and refrigeration (HVAC&R) market statistics, released the results of its studies on 2016 sal...

2017.11.23

JCI Helps to Build World’s First LEED Platinum Pharmaceutica

On November 3, Johnson Controls (JCI) announced its instrumental role in helping Pfizer build its first Leadership in Energy and Environ-mental Design for New Construction (LEED-NC) Platinum certified...

2017.11.23

Thermax Absorption Chiller Bags Award

Thermax’s One Degree absorption chiller has won the Confederation of Indian Industry (CII) National Award for the Most Innovative Energy Saving Product at the 18th CII National Awards for Excellence i...

2017.11.20

2.4 EUROPE--Italy

According to the latest data published in September by the ISTAT, Italian National Institute of Statistics, Italy’s GDP increased by 0.4% in the second quarter of 2017 with respect to the first quarte...

2017.11.20

2.4 EUROPE--Germany

Germany is the largest economy in the EU, accounting for 28% of the region’s GDP. The country’s low unemployment rate, low crime, developed infrastructure, and a highly qualified labor force all work in its favor. As of 2015, consumption expenditures are the main driving force. Beside the refugee immigration, domestic consumption is stimulated by high job security, rising incomes and pensions, as ...

2017.11.20

2.4 EUROPE

Reported by BSRIA After going through two recessions in 2008 and 2011, the European economy has started to grow and hopefully this time many investors and economists have concluded that this latest eu...

2017.11.19

2.2 CHINA

After having experienced a slump in 2015, the chiller market in China was recovering in 2016 thanks to higher consumption and construction of some large public projects, commercial real estate project...