Florim strengthens its presence in the North American market with the opening of its new showroom, located in the vibrant heart of West Hollywood’s Design District.
As part of its ongoing international growth, the company will open its seventh overseas branch this year in Indonesia, adding to those already operating in Turkey, China, Russia, Spain, Brazil and Poland.
Margins and equity both increased, surpassing €1 billion for the first time. Mongardi: “It was a solid year despite the complex international situation”.
Federica Minozzi, CEO of Iris Ceramica Group, is among the 25 new recipients of the title Cavaliere del Lavoro (Knight of Labour) appointed by the President of the Italian Republic, Sergio Mattarella.
The ceramic tile industry veteran will cooperate with the 8 local tile manufacturing companies and institutions to design and implement education and training programs.
The new factory is located in 10th of Ramadan City and covers an area of 30,000 sqm. It will produce adhesives for tile installation and concrete additives for the local market, where the construction sector is experiencing rapid growth.
It is being developed on a “monstre” surface area of about 130.000 sm and required a total investment of 120 million dinars (about 36 million euros). It will employ 150 people.
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