Indesit banks on 65 million-euro sales

Italian home appliances producer Indesit Company, one of the top five players on the domestic market, estimates 18-20% increase in turnover this year, to 65 million euros. The local branch of Indesit posted 54 million euros in turnover last year, according to the information provided by the company. From January through February, Indesit saw its share of the market in terms of volume reach 24.6%, up 5.7% from the same time last year, the company says quoting a GfK Romania survey. The company’s portfolio includes brands like Indesit (medium-high segment) and Ariston (premium segment). The first brand generated 43 million-euro sales last year.