Base Metal Sign-Plates, Name-Plates & Address-Plates Market, 2020: Analysis, Forecast, Size, Trends & Insights

DUBLIN–(BUSINESS WIRE)–The “Romania – Base Metal Sign-Plates, Name-Plates and Address-Plates – Market Analysis, Forecast, Size, Trends and Insights” report has been added to ResearchAndMarkets.com’s offering. This report provides an in-depth analysis of the metal advertising sign market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025. In this report, you can find information that helps you to make informed decisions on the following issues: 2.8mm Laundry Hangers Use Galvanized Wire While doing this research, the researchers combined the accumulated expertise of their analysts and the capabilities of artificial intelligence. The AI-based platform, developed by data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data. ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-047...

Why WEMPCO Group Seeks To Offload Oriental Hotel and Exit Nigeria

A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt. According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between the Lekki and Victoria Island areas of Lagos, are asking for $250 million (N90 billion). The group has fallen on hard times and is considering an exit from Nigeria along with its steel plant, which has 700,000 tonnes-capacity and employs about 14,000 people, mostly Nigerians, sources said. “When deep, long-term guys like these are exiting, then it is a very worrying sign. People like these are not supposed to exit,” an economic analyst, who asked not to be quoted, said. Founded by Lewis Tung and his brother Robert Tung, WEMPCO Group has been in Nigeria for over 40 years with established manufacturing companies that produce roofing sheets, galvanised pipes, wire nails, plywood, ceramic tiles and sanitary ware. It is also actively involved in agricultural and hospitality sectors through which it currently employs over 13,000 workers across its 11 subsidiaries. “If they leave there will be onl...