Porcelanosa invests 80 million euro

Porcelanosa Grupo has announced the launch of an 80 million euro strategic plan for the four-year period 2009-2012 aimed at improving production and distribution activities. According to managing director José Vicente Roca, the investment will be used in particular for a technological upgrade of the Venis factory and to convert the activities of Ceranco, which will specialise exclusively in urban design and public works. The logistic activities of both companies will also be upgraded.

As regards distribution, a total of 500 showrooms will be renewed worldwide, especially in Europe and the United States. The company has also launched an important logistic and commercial project in Chicago and plans to upgrade its presence in Canada, Mexico, China and India, as well as in Paris and Rome.

Porcelanosa Grupo ended 2008 with a turnover of 1,056 million euro, 5.03% down on 2007. This year the company expects to maintain last year’s turnover levels.