FERONERIA: Ambitious targets to strengthen the competitive position

The provider of hardware systems for windows and doors Feroneria - Arad, part of the international group Iseo, ended last year with a turnover of 10.7 million euro, representing an increase of 3.5% over the reference period. In the first six months of 2015 the company has consolidated its position, reaching a new advance of 5%, involving optimism for management team, which relies on revenues of 11 million euro for the current year. In the next period, the development depends also on outer factors, such as, for example, strengthening the local business environment, including legislative and fiscal stability. The main objective is to promote medium-term new product on the local market and the traditional solutions under the brand of Feroneria distributed in other regions using the marketing resources of the group.