The locomotive steams ahead and never stops

Date: 4 August 2015
As things are going right in spite of the inevitable issues and uncertainties, the month of June is particularly gratifying for us.

In fact the end of June is when Gimav customarily publishes data on our market sector, correlated with a series of valuable analyses and comparisons that give us in-depth knowledge of its state of health.   The resulting assessment, as was already clear at the end of the year, is mostly positive. The domestic market has started to grow again and exports - strong point of the Italian industry for many years now – in 2014 recorded a significant increase from the year before, especially in relation to the flat glass sector. In the Vetromercato section we fully document this trend, which seems to indicate gradual stabilization although considering the development pattern of the last ten to fifteen years, signs of profound transformation in the global market are increasingly evident.

Since "optimism is the spice of life",  we would like to think that these changes will bring just as many great opportunities to direct our business towards new and ever more promising areas.  These first six months provided rather clear signs of this, directly witnessed by leading players.  Glasspex India, China Glass and Mir Stekla were fairly successful events for exhibitors associated with Gimav, although the hosting countries, especially Russia, were and are still dealing with different types of issues: strictly economic-financial problems in India, a confirmed economic slowdown in China, and geopolitical issues in Russia. Business opportunities proved to exist in spite of them, and highly interesting ones at that. Although the ability to seize them is obviously required, those who strengthened their international position in previous years now stand to greatly benefit from it.

As usual, Vitrum will allow us to understand what to expect from the last semester of this year, and ultimately prove if our optimism was justified or merely wishful thinking. In any case, we won't back off as we believe our trust is well placed. The world never stops running and changing. We want to change and keep up with it.

600450 The locomotive steams ahead and never stops
Date: 4 August 2015

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