Italy: Packaging Industry Marchesine Announces Notable Rise in Turnover

“2016 ended excellently, but let’s look forward” Pietro Cassani said. “Marchesini has an incredibly important year ahead; it is the year in which the company should hopefully exceed the 300 million turnover mark."

Bologna/Italy — In 2016 Marchesini Group’s turnover rose from € 270 million to 292 million (+7 % compared with 2015). On the whole, the Group’s consolidated turnover has grown by 62 % over the last six years through to almost hitting the 300 million Euro mark. 78 % of the turnover is generated by exports all over the world, among which is a super packaging line of a diabetes patch at the American multinational enterprise Abbott Laboratories.

Marchesini Group has also been very busy on the Italian market, thanks to Neri division (where Track&Trace labelling machines are produced) and Corima, which produces aseptic pharmaceutical packaging machines, among which are many of the anti-cancer products currently on the marketplace.

Major focus on the cosmetics industry has already led to a new addition to the corporate organisation of the Group, namely Dumek; this family-run company from Bologna specializes in designing and building processing machines for the cosmetics sector. The company registered a turnover of € 3.5 million in 2016 (a rise compared with the 2.4 million of 2015).

The decision to boost this area derives from encouraging market figures and development prospects, the company announced. According to the forecasts of the Italian Cosmetics Research Centre based on Euromonitor data, 2,7 % more cosmetics will be consumed each year up to 2020, thanks above all to make-up products, skin care and personal hygiene products and alcohol-based perfumes. The plan is for local businesses to work together to ensure reciprocal benefits and to help make the Packaging Valley of the Emilia-Romagna region more competitive and more appealing to national and foreign customers.

(ID:44507465)