Pagnossin S.p.A. | Introduction
Introduction
Via Noalese 94
Treviso I-31100 TV
Italy
Telephone: +39 0422 2916
Fax: +39 0422 435005
Web site: http://www.pagnossin.com
Public Company
Incorporated: 1919
Employees: 923
Sales: EUR 46.10 million ($55 million) (2004)
Stock Exchanges: Borsa Italiana
Ticker Symbol: PAG
NAIC: 327112 Vitreous China, Fine Earthenware and Other Pottery Product Manufacturing; 327123 Other Structural Clay Product Manufacturing
Pagnossin S.p.A. is a leading name in the Italian porcelain and ceramics industry, and has established an international reputation for its products. Pagnossin itself specializes in ironstone ceramics-based tableware. The company is also a leading Italian producer of terracotta flowerpots, vases, and other products, primarily through subsidiary Vaserie Trevigiane. Another major part of the Pagnossin S.p.A. stable comes through its controlling share of Richard Ginori 1735, which produces fine china and porcelain tableware, and which represents as much as 50 percent of the group's total sales. Other brands in the Pagnossin brand family include Rio, Smalti, Giuletta & Romeo, Amitis, Elisir, and Giove. Pagnossin has long been an internationally focused company, distributing its products in more than 70 countries, and international sales still account for more than half of company revenues. The wedding gifts market is the company's bread and butter, providing some 70 percent of the group's sales. Pagnossin fell on difficult times into the mid-2000s, with its sales falling to EUR 46 million ($55 million) in 2004, and its losses mounting. The company is listed on the Borsa Italiana and is led by Chairman Carlo Rinaldini.