Ancora Group reports positive 2010

Sassuolo-based Ancora Group has reported excellent end-of-year results with a 19% increase in turnover in 2010. The company has a workforce of 265 people and generated a turnover of 43 million euro in 2010 (compared to 36 million euro in 2009). “We have closed 2010 with an upturn,” commented Fabio Corradini, vice chairman of Ancora. “We have reported a rise in orders, especially in Northern Europe, the Mediterranean area and Latin American countries. We have also achieved strong results in Spain where we have our own branch and where we have acquired new customers and larger market shares.”

Confirming the vitality of the group, which comprises the Venezia Arte brand, the companies HiCoat Coating System, LeviKurve, Levitiles and Cimas and the two branches in Spain and Brazil, it is planning to make investments of over 5 million euro over the three-year period 2009-2011.