Fenzi China: an award for the 2008 turnover and a good outlook for 2009

Excellent results for 2008: the Chinese branch of the Fenzi group has been awarded as one of the top 20 excelling companies in the Jiaxing District in 2008.

Stefano Pozzi, General Manager of the manufacturing site, also confirms a positive outlook for 2009.

Fenzi China Paints and Sealants Company Limited, a branch company of the worldwide leader in the chemicals sector for secondary glass working, has received an award from the local authorities for its sales results and the quality of its customer service. The Tribiano group has successfully applied in China the same entrepreneurial culture that has always permitted the company to hold a top position on global markets, achieving a series of important results since the moment it started business.

Inaugurated in Jiaxing, about 90 km from Shanghai, in June 2006 for the production and direct on-site distribution of Duralux, the Fenzi group’s paint line for mirrors, the plant has already demonstrated outstanding performance in 2008 in terms of competitiveness and safety. In fact, early last year the Safety Bureau of Jiaxing awarded the branch for its high degree of production safety and for being the company with the highest level of competitiveness in its industrial district.

Fenzi China has secured a large market slice in the Far East and exhibits excellent growth potential. «The year 2008 can be considered a positive year for Fenzi China» explains Stefano Pozzi, General Manager of the company, «we have strengthened our market position and significantly expanded our customer base; all this has been achieved thanks to the efforts of a united and highly motivated group and the extraordinary impact of our brand on the clientele». According to Stefano Pozzi, 2009 will also be rewarding for the group in terms of growth: «The year 2009 did not get off to a simple start even in China.

The global economic crisis is inevitably knocking on the door, but the Chinese economic system is reacting positively: there will be a considerable production reduction during the year, but the Chinese economy will nevertheless continue to grow. Thus we are optimistic, and I believe we will achieve the objectives we have set for 2009».


600450 Fenzi China: an award for the 2008 turnover and a good outlook for 2009 glassonweb.com
Date: 23 March 2009
Source: Fenzi spa

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