International.
The Carel Group reported that sales in 2015 further consolidated and improved the positive trend of revenues recorded in the last five years, with global sales growth of 12.8% in 2014.
In terms of markets, this growth has been driven by the United States and Europe, as well as by the good performance in the Asian markets, with consolidated revenues totaling 203.5 million euros.
In order to maintain its market leadership and accompany its growth, in 2015 Carel invested 7% of sales in new research and development products. Specifically, in 2015 the Research and Development department at group level consisted of 183 people, compared to 175 in 2014 - and represents 17% of the total staff - differential between Italy, the United States and China.
The Carel Group's international expansion strategy also continued, with the aim of export growth through the creation of new production plants and subsidiaries. In 2015, the Group opened two new commercial subsidiaries in Thailand and Mexico, while starting production at the new plant in Labin, Croatia, which employs around 40 workers.
