A positive starting of the year for Gruppo Lube

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Gruppo Lube recorded a good trend in the first two months of 2023, with an increase of 5% in turnover compared to the same period in 2022, a very important year from a commercial and economic point of view, in which the company turnover rise by 10% to 272 million euro, and 600 Cucine Lube and Creo Kitchens single-brand stores were opended in Italy.

Now the Group is working on a major investment project involving the construction of a new production unit, close to the existing factory, dedicated to the design, production and shipping of kitchen furniture, living room furniture and wardrobes for the foreign market.

An investment of over 40 million euro that will have an employment impact of more than 50 people. Added to this are all the investments involving automation and digitization at 360°, such as the completion of the new automatic warehouse for a total of 18 million euro planned for 2023, to add to the 14 million euro of production investments made in last year.