CALGARY, Alberta and MUNICH, Germany, May 1 (Korea Bizwire) — Eavor is pleased to announce Enex Power Germany GmbH (“Enex”) and Eavor Technologies Inc. (“Eavor”) have entered into a letter of intent to form a geothermal project development company to construct Eavor-Loop™ heat and power projects within Enex’s existing geothermal license area in Bavaria, Germany. [...]
SEOUL, Dec. 28 (Korea Bizwire) – The South Korean furniture industry is going through a major transition to survive tough competition from Swedish furniture giant IKEA, which is drawing design-savvy consumers with affordable products and showroom displays. IKEA’s highly anticipated first store in suburban Seoul has created much buzz in the home furnishing market, attracting over 6.7 million visitors and posting 308 [...]
SEOUL, Dec.16 (Korea Bizwire) – First year sales of global furniture giant IKEA in Korea have reached 210 billion won (including sales from December 2014), according to a recent report. This tops the average sales of all 345 IKEA stores around the world. There has been some criticism that the Korean store’s pricing is higher [...]