Elica S.p.A. is an Italian company established in 1970 that designs and manufactures kitchen hoods, induction hobs, and

boiler A boiler is a closed vessel in which fluid (generally water) is heated. The fluid does not necessarily boil. The heated or vaporized fluid exits the boiler for use in various processes or heating applications, including water heating, centra ...

s. Elica is chaired by Francesco Casoli and led by

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Antonio Recinella, it has been listed since 2006 at the

Borsa Italiana Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and i ...

History

Elica was founded by Ermanno Casoli in

Fabriano Fabriano is a town and ''comune'' of Ancona province in the Italian region of the Marche, at above sea level. It lies in the Esino valley upstream and southwest of Jesi; and east-northeast of Fossato di Vico and east of Gubbio (both in U ...

in 1970. After Ermanno died of a

heart attack A myocardial infarction (MI), commonly known as a heart attack, occurs when Ischemia, blood flow decreases or stops in one of the coronary arteries of the heart, causing infarction (tissue death) to the heart muscle. The most common symptom ...

in 1978, leadership passed first to his wife, and then to his son, Francesco. Over the years, the company grew to operate seven factories in

Italy Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land b ...

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

and

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

with a production of over 21 million hoods. In June 2018, the company sold 33% of Elica India to

Whirlpool A whirlpool is a body of rotating water produced by opposing currents or a current running into an obstacle. Small whirlpools form when a bath or a sink is draining. More powerful ones formed in seas or oceans may be called maelstroms ( ). ''Vo ...

Economic data

As of 31 December 2013, the Elica group had a consolidated turnover of around

€ The euro sign () is the currency sign used for the euro, the official currency of the eurozone. The design was presented to the public by the European Commission on 12 December 1996. It consists of a stylized letter E (or epsilon), crossed by t ...

391.8 million and a consolidated net profit of around €1.4 million. In 2017, revenues reached €479.3 million, an increase of 9.1% compared to the previous year. Elica group consists of approximately 4,800 employees.

References

External links

* {{Home appliance brands Cooking appliance brands Home appliance brands Home appliance manufacturers of Italy Italian companies established in 1970 Italian brands Manufacturing companies established in 1970 Privately held companies of Italy Companies based in Fabriano

History

Economic data

See also

References

External links