Giovanni Rana, a fresh pasta company from Verona, closed 2015 with a turnover of 545 million euros, up 19% compared to 2014. Margins are also good, with EBITDA rising by 40%, to 49 million. The Rana Group marks strong growth abroad, the share of which accounts for 59% of the total turnover of the Group (41% Italy, 35% Europe, 24% United States).
"These are results that testify to the validity of the strategic choices of a company that has always looked towards the future and created the necessary conditions to continue the process of growth and expansion on a global level, always pursuing the pursuit of excellence", said CEO Gian Luca Rana.
“The opening of a new plant, the second in three years, will allow us to give further acceleration in the conquest of leadership in the USA”, he added.
Three years after landing in the United States, the group adds a second production site in the same city to the existing one in Chicago. An investment of over 3 million dollars which will be self-financed.
“The new plant is the answer to the growing market success we are achieving – continued Gian Luca Rana -. When we entered the USA, the fresh pasta market had been alternating between static and declining phases for twenty years: with us it has grown twice as much! This is thanks to our know-how, quality, variety of range, innovative packaging and a logistical choice that has allowed us to be close to our customers to meet their needs in real time".
