CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee
General Market News

This public area provides general market news on regions or sections such as automotive, construction, consumer or the industrial market. Also, you can find here the latest developments in European hand tool related markets, such as inflation, employment or production figures. Also, you will find information on the European DIY market. To find out about the specifics and have access to all statistics and documents, please visit our Members Area.

Spanish Bricor stores gradually disappearing

The Spanish home improvement chain Bricor is gradually disappearing from view.

DIY: Bricorama closes 13 stores in France

The French home improvement chain Bricorama is closing 13 stores because no franchisees could be found for them.

DIY: Hornbach plus 24 per cent at home, 13 per cent abroad

The German Hornbach group has started financial year 2020/21 with a significant increase in sales and profit. In its quarterly report, the company once again confirmed the figures already reported on 10 June.

Quarterly Report on the Euro Area (QREA), Vol. 19, No. 1 (2020)

Volume 19 No. 1 (2020) of the Quarterly Report on the Euro Area examines growth-friendly revenue-neutral tax shift, public debt sustainability, the sovereign-bank nexus, and the institutional determinants of the natural rate of unemployment.

EU budget 2021

An 24 June, the Commission proposed an EU budget of €166.7 billion for 2021, to be complemented by €211 billion in grants and approximately €133 billion in loans under the “Next Generation EU” programme.

DIY: Kingfisher wants to develop more compact stores

The British DIY retail group Kingfisher wants to increasingly test new store concepts in future.

Trade falls steeply in first half of 2020

World trade fell sharply in the first half of the year, as the COVID-19 pandemic upended the global economy.

Impact of COVID-19 crisis on the EU trade with China

The EU’s seasonally adjusted trade (imports + exports) with China fell from €46.5 billion in January 2020 to €43.1 billion in February 2020.

Digital Economy and Society Index 2020

On 11 June, the Commission released the results of its 2020 Digital Economy and Society Index (DESI), which monitors Europe’s overall digital performance and tracks the progress of EU countries with respect to their digital competitiveness.

Internal and External Schengen Area Borders – June 2020 update

On 11 June, the Commission presented a set of recommendations to Schengen Member States and Schengen Associated States to lift internal border controls by 15 June and to prolong the temporary restriction on non-essential travel into the EU until 30 June.


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