Boost for Italian footwear machinery producers
2014 was a good year for many of Italy's machine manufacturers.
Italy's manufacturers of machinery for the footwear and leather sectors reported a 10 per cent rise in sales for 2014 over the previous year. This took revenue to £362.8 million ($565.8 million), according to Assomac – the country’s tanning machinery manufacturers’ association. Exports from the 230-plus companies involved are said to have risen by 8 per cent, and such foreign purchases made up 80 per cent of all sales.
Giovanni Bagini, outgoing president of Assomac, said: "2014 was a year full of change and success for Assomac, but we must not and cannot stand still. It is crucial to continue riding the changes and show that we can rise to the transformations witnessed on the international front and reinvent ourselves.
"It is no longer sufficient to be present on our consolidated strategic markets,” he added. “The key to the future is a focus on young people and company growth, offering our clients an added value that we can guarantee because we have greater experience than our foreign competitors."
This article was originally published on page 4 of the September 2015 issue of SATRA Bulletin.