Encouraging Signs of a Recovery for Italian Glass
June 10, 2009
Figures examined by Gimav, the association of Italian builders
and suppliers of machinery, equipment and special products for glass
processing, show that the industry is doing well. In 2008, exports
of machinery, accessories and special products for glass processing
continued to grow over 2007; exports rose by 2.47 percent overall.
According to information from Gimav, this is a very high-tech industry
where Italy is in the forefront and has been highly successful internationally.
Within the highly specialized sector of machine tools, machinery,
accessories and special products for glass processing have posted
an average 9.35 percent increase over the past ten years.
Gimav notes that in 2008, Italian machinery, accessories and special
products for glass processing remained in the lead on the international
marketplace. Figures analyzed by Gimav indicate that the industry
closed 2008 with €1,398,409,932 in sales (+ 2.11 percent),
with an export content of 73.71 percent.
The group also reported that although orders fell toward the end
of 2008 companies in the industry are performing well and, according
to initial estimates, the situation is expected to pick up again
in the second half of 2009 as a result of strong investments in
research, innovative product, an international reach and promotional
"Italy is and remains a powerhouse worldwide in the glass
machinery and accessories industry. Our strength lies in our ability
to mix technology and innovation," says Cinzia Schiatti, president
of the association. "This is what we are noted for worldwide
and this has allowed us to keep ahead of other builders across the
world. A head start that we want to maintain by committing ourselves
to innovation and customer service."
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