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A steady increase in manufacturing output,
consumer demand and GNP overall is what we have enjoyed in
the past 6-12 months.
Asia has been the most bullish market, followed by North America
and even Europe (the latter after few years of almost zero
growth ).
Fenzi has been keeping and strengthening its position on all
markets, having been able to cope with the increased demand.
Seven manufacturing facilities in the three key continents
have been able to increase output and reach new historical
highs.
2007 looks promising. Quantities may
increase even further and take the Group’s sales well
over 200 million Euros. On the other side – as usual
– bullish markets mean higher raw material costs and
narrow margins, squeezed even further by the strong competition
in the glass industry.
Global warming (a fashionable topics
in these days) is affecting political decisions nearly everywhere,
driven by a massive media campaign making people more and
more conscious on the issue. This implies a more logical approach
on every savings, more insulating glass, better houses, higher
comfort for all of us.
This means a brighter future for our customers, a more sophisticated
and higher added-value production. Let us be confident in
such perspective and work together in order to improve the
quality and the efficiency of our glass industry.
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