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Swisstek secured a US$4.5 million timber flooring contract from the Cinnamon Life Colombo project in 2019. The contract is the largest timber flooring deal awarded in Sri Lanka. Swisstek entered into the contract to supply and install 350,000 square feet (33,000 m 2) of solid wood flooring for the project. [9]
Royal Ceramics Lanka PLC branded as Rocell, is a Sri Lankan holding company and is also engaged in manufacturing ceramic tiles and bath ware. The company was founded in 1990 and in 1994, it was listed on the Colombo Stock Exchange. The company is one of the constituents of the S&P Sri Lanka 20 Index. [2]
Lanka Tiles is included in the 2022 100 most valuable brand index in Sri Lanka. The company ranked 48th, rising by ten ranking positions from the previous year. [ 13 ] [ 14 ] Even though the government imposed an import ban on tiles, Lanka Tiles is facing rising raw material, machinery costs and weakening demand due to the prevailing economic ...
In 2017, it acquired 100% of Sri Lanka's Causeway Paints for ₹ 387 crore (US$59.43 million). [24] In 2020, Asian Paints started its personalised interior design service called Beautiful Homes, and launched experiential studios across India under the same name. [25]
The single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [31] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
Interface, Inc. is a global manufacturer of commercial flooring with an integrated collection of carpet tiles and resilient flooring, including luxury vinyl tiles (LVT) and nora brand rubber flooring.
1971 JVP insurrection: Marxist insurrection conducted by the Janatha Vimukthi Peramuna against the government of Sri Lanka. 1972: Sri Lanka becomes a republic, and country's name Ceylon was changes to Sri Lanka: 1983 24–30 July Black July by the government and Sinhalese mobs; Beginning of the Sri Lankan Civil War: 1987 29 July Signing of the ...
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]