Ica Group is still growing

Ica Group, the all-Italian multinational company with headquarters in Civitanova Marche, is a worldwide leader in the production and innovation of water-based paints for wood and glass.
Turnover in 2017 rose to 118 million euros, an increase of 6 percent compared to 2016. The export share grew, going from 54 percent in 2016 to 56 percent in 2017, while maintaining solid positions in Italy. Production volumes rose from 25 million kilos in 2016 to 28 million in 2017. Employees also increased: from 550 to 583. In short, a 2017 that ended with really important results, consolidating and increasing a trend already positive and that represents the confirmation of the strategies put in place by the Paniccia family, firmly at the head of the company.
 
“Our strategy? Internationalization, innovation, people. The challenging and courageous choices taken years ago, together with my brothers Fabio and Piero − declared President Sandro Paniccia − are now bringing results and we are very satisfied. Having firmly focused on exports and internationalization of the company has been a winning card for Ica Group. We often talk about the potential of Italian companies abroad, which are not always adequately exploited. We have instead really believed and invested and the data are giving us reason, so much so that now the export share is broadly and solidly higher than the national one. It is fundamental to have believed in people, an indispensable key in successfully pursuing company strategies, and having invested in innovation. Innovation in the product, with a Research & Development center composed of over 60 technicians with many patents and revolutionary products, such as bio coatings. Innovation in the organization, activating the implementation of the so-called Toyota way method that allows constant control and optimization of the system for the management of production, maintenance, safety and quality departments. Innovation in human resources, through corporate welfare projects among the most exemplary in Italy “.
 
For the innovations of process and product, the Civitanova Marche-based company has planned over the three-year period 2018/2020 twenty-seven million euro of investments, divided almost in half between fixed assets (13,900,000) and Research & Development (13,100,000), a sector that recorded an interesting average annual growth of 3.5 percent.
 
Ica Group will be present at various international trade fairs: in Valencia for Maderalia, in Bad Salzuflen for Zow in the Tiny Spaces exhibition and in Milan on May at Xylexpo 2018.