RAC/PAC
1.5.7 Russia
GDP in 2014 was originally forecast by the Economics Ministry to be 2.5% but in reality it was close to zero and is likely to be negative in 2015. Inflation is running high at 9%. Construction industr...
1.5.6 United Kingdom
The United Kingdom is enjoying an economic revival with a GDP of 2.4% in 2014 and low inflation, although investments are currently on hold because of the uncertainties following a new government in May. London remains the center of gravity for the construction industry in terms of high-end residential and commercial development and this is important in driving the sales of VRF and fan coil system...
1.5.5 Germany
Germany remains the largest economy in Europe and is second only to China as the world’s largest exporter. But 2014 was not a good year for exports to neighboring European countries most of whom were ...
On Controls Expands Sales Channel by Adding US Reps, Interna
May 26, 2015 DETROIT - On Controls, a provider of cloud-based smart home and commercial control solutions for professional installers, has announced the appointment of three U.S. independent sales firms along with three international distributors in important European markets. The company said the expansion of its sales network is to accommodate a significant increase in demand for On Controls con...
New ASHRAE Publication Provides Background On Server Efficie
May 26, 2015 ATLANTA-- Since its inception in 2003, ASHRAE Technical Committee TC 9.9 has focused on the challenge of publishing valuable content to address the rapidly changing world of mission criti...
Trane Announces Agreement with Telkonet
Hotel guests will be able to easily control their room temperature as a result of partnership between Trane and Telkonet DAVIDSON, N.C. May 26, 2015 -- Trane, a leading global provider of indoor comf...
1.5.4 France
The country is slowly recovering from the years of recession - GDP is forecast to reach 0.7% in 2015 compared with the annual 0.4% of the preceding three years. The construction sector is showing a fe...
1.5.3. Turkey
Turkey has maintained a relatively stable economy throughout the financial turbulence besetting rest of Europe since 2008. GDP grew by 3% in 2014 and should stay at this level in 2015. The country has...
1.5.2 Spain
In spite of the gloom pervading the Spanish economy since 2008 current forecasts are becoming more optimistic at an increase of 1.2% in GDP in 2014 and a rise to 1.8% in 2015. However, the constructio...
1.5.1 Italy
The economy in general remains flat with virtually zero inflation. Revival in the construction industry will be marginal. Renovation on the other hand has been boosted by government incentives ...
