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Italy: Orogel grows by 11% in six months
CEO Bruno Piraccini and General Manager Giancarlo Foschi announced that, over the first six months of 2017, Orogel increased its turnover by 11% reaching €120 million.
The press conference to illustrate financial statement data
"The growth is quite significant, as the first six months of 2016 already registered an increase of 10%."
"However, we are somewhat worried about the second semester, as the drought will undoubtedly affect the volumes available."
Even though Orogel has various production facilities scattered all over Italy, drought affected the entire peninsula. August is traditionally the month when sowing is carried out for the autumn crops. This year, however, it was postponed or cancelled due to the lack of water or to the fact that the ground was not suitable for pre-sowing operations. In particular, leaf vegetables such as spinach, beet and chicory are the ones suffering the most, but green beans are being affected as well.
New Orogel facility being built in Cesena
"Despite the lower quantities, we will not import. We cannot betray our objective, which is supplying consumers with produce that is cultivated in Italy. We will have less produce and sell less, but it's not as important as our relationship with our customers."
Orogel has also found new success in the preserve department, which has seen a 23% increase. Quantities are still low, around 3000 tons, but they're constantly increasing. Orogel decided to turn its attention to the premium and organic ranges and it paid off, as the first containers headed for the US have already left. Orogel preserves sell under the "Marcella" brand.
Gruppo Fruttadoro Orogel
Via Dismano 2600
47522 Cesena (FC)
Tel.: (+39) 0547 3771
Publication date: 8/28/2017
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