Elica

This article is about the Italian manufacturing company. For the genus and species of insects, see Elica latipennis.
Not to be confused with Elita.
Elica S.p.A.
Company typeJoint-stock company
IndustryKitchen appliances
FoundedFabriano, Italy, 1970; 54 years ago (1970)
FoundersErmanno Casoli
Headquarters
Fabriano
,
Italy
Area served
Worldwide
Key people
Francesco Casoli
SubsidiariesAirforce, Fime
Websitewww.elica.com

Elica S.p.A. is an Italian company established in 1970 that designs and manufactures kitchen hoods, induction hobs, and boilers.

Elica is chaired by Francesco Casoli and led by CEO Antonio Recinella, it has been listed since 2006 at the Borsa Italiana.

History

Elica was founded by Ermanno Casoli in Fabriano in 1970. After Ermanno died of a heart attack in 1978, leadership passed first to his wife, and then to his son, Francesco.[citation needed]

Over the years, the company grew to operate seven factories in Italy, Poland, Mexico, India and China with a production of over 21 million hoods.[1][2][3]

In June 2018, the company sold 33% of Elica India to Whirlpool of India.[4]

Economic data

As of 31 December 2013, the Elica group had a consolidated turnover of around €391.8 million and a consolidated net profit of around €1.4 million.[citation needed]

In 2017, revenues reached €479.3 million, an increase of 9.1% compared to the previous year. Elica group consists of approximately 4,800 employees.[5]

See also

References

  1. ^ Sharma, Amit (2010-07-06). "World's biggest chimney brand enters India". The Economic Times. Retrieved 2019-05-05.
  2. ^ "Elica strengthens its presence abroad". HA Factory. 2015-06-09. Retrieved 2019-05-05.
  3. ^ "Italian appliances manufacturer Grupo Elica expands output capacity by 25% in Queretaro". mexico-now.com. Retrieved 2019-05-05.
  4. ^ Mukherjee, Writankar (2018-06-02). "Whirlpool plans to acquire 49% in Elica PB". The Economic Times. Retrieved 2019-05-05.
  5. ^ "ELICA (ELC.MI) Income Statement". finance.yahoo.com. Retrieved 2019-05-05.