DESIGN OF NEWCO FEDERLEGNOARREDO And BOLOGNAFIERE IN CHINA

A new company in China who will be responsible for developing a number of joint activities to facilitate the entry of the chain Italian wood furniture in the Chinese market in the coming years . The company will be based in Shanghai and will have to plan , among other things, the launch of the Italian furniture fair in China in 2016. Milan At present it to the Minister for Infrastructure and Transport, Maurizio Lupi , the president of Federlegno furniture , Roberto Snaidero , the chairman of BolognaFiere Duccio and the peasants to Federlegno furniture Ltd. John de Ponti. ” Market conditions have undergone a rapid evolution in the past have ” highlighted Snaidero , remembering that Italian exports to China in 2013 and beautiful ‘ grew by 18 % to over € 250 million and in the first two months of ‘ year and growth ‘ was 5% . “China – stressed – will surpass the U.S. in GDP .” That’s why ‘ ” an agreement with BolognaFiere that has a ten-year presence in Shanghai. ‘ll Start to work – assured Snaidero – since this year.” ” Already in the coming months – highlights De Ponti – start with B2B meetings with selected Chinese operators , which will be repeated over the years and will favor their entry into Italy for our fairs. Projects will aim to develop contract for our business and we will work to create qualified leads distribution of China to increase the export of Italian furniture in China. “