A growing "Rana"

Rana Alimentare, famous pasta company, closed the 2009 with a strong growth. Profit rose to 9.2 million euro (+46.9%) and the turnover amounted to EUR 346.3 million (+3.1%). And "despite the crisis still ongoing - explains a note - the first months of 2010 show a turnover trend still growing both in Italy and abroad." It grew by 20% the number of employees increased from 811 to 975. Were invested 18 million euros, mainly for the creation of new products, the improving of the efficiency of existing plants, the expansion of the San Giovanni Lupatoto (VR) establishment, which - as explained by the company - will be ready between late 2010 and early 2011 with a total investment of about 25 million euro. In the catering sector, the company is under the brand 'Da Giovanni' in 11 stores and expects to reach a total of 25 by the end of 2010. Also, in late June 2009 was also signed a franchise agreement with Coop Switzerland under which they were opened four affiliated restaurants.

Source: newsfood.com