World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Lu-Ve reports record order book

Iginio Liberali: “Our strength lies in the fundamental values we have always practiced”

ITALY: Commercial and industrial refrigeration equipment manufacturer Lu-Ve has announced a record order book and sales of €401.5m in 2020, an increase of 2.5% on 2019.

While EBITDA was €45.2m, down 3.3% on the previous year, the Uboldo-based company reported its highest ever order book in February 2021 at €88.8m.

Thanking staff for their positive attitude, Lu-Ve president Iginio Liberali said: “This attitude has allowed us to grow also in a difficult year as 2020.”

Latest News

15th April 2024

Invertek passes 3 million VFD landmark

UK: Welshpool-based Invertek Drives Ltd has celebrated producing its three millionth variable frequency drive.
15th April 2024

CDL opens Holmes Chapel branch

UK: Air conditioning distributor Cool Designs Ltd (CDL) has opened a new branch at Holmes Chapel near Crewe.
15th April 2024

Nidec to increase water cooling production

JAPAN: Nidec is to increase production of its coolant distribution unit (CDU) production line in Thailand from 200 to 2,000 units per month by June 2024.
15th April 2024

François Audo joins Enex as CEO

ITALY: François Audo has been appointed CEO of Enex Technologies, the Treviso-based manufacturer of cooling, heating, ventilation and refrigeration equipment.
15th April 2024

Cheap gas and policy changes hit heat pump sales

BELGIUM: Cheap gas and expensive bank loans are cited as two key reasons behind the dramatic fall in heat pump sales in Europe last year.
14th April 2024

IRAC 2024 returns to Dublin

IRELAND: IRAC 2024, Ireland’s biennial refrigeration and air conditioning exhibition, opens its doors next Friday with over 30 exhibitors showcasing their products and services.