CROATIA: Italian controls and humidification company Carel officially opened its new plant in Croatia yesterday.
The 7,000m² Carel Adriatic factory in Labin, Croatia, commenced production at the end of last year. It produces inverters, electronic boards and valves for the European market.
Yesterday’s inauguration ceremony was attended by Carel president Luigi Rossi Luciani and CEO Luigi Nalini, the mayor of Labin Tulio Demetlika, as well as Mirco Cauz, managing director of Carel Central and Southern Europe.
“With this manufacturing investment in Croatia, Carel aims to expand its production capacity in Europe, guaranteeing supplier continuity in the region,” commented Luigi Rossi Luciani. “The new Labin site also means we can be closer to our customers in the Balkan area, so as to support the double-digit growth recorded over the last four years”.
Carel recorded sales of €203.5m in 2015, an increase of 12.8% over 2014. Exports accounted for 80%. In the first nine months of this year sales reached €175m, growing by around 13% compared to the same period of 2015. Carel Adriatic sales exceeded €7m in the first nine months of 2016.
Top photo: Officially opening the new factory are (l to r) Luigi Rossi Luciani (Carel president), Tulio Demetlika (mayor of Labin) and Luigi Nalini (Carel CEO)