Profile
Elica, headed by Chairman Francesco Casoli and led by Chief Executive Officer Giulio Cocci, has operated on the kitchen hoods market since the 1970s. Today the company has seven plants worldwide in Italy, Poland, Mexico, India and China. 3,800 employees produce 20.7 million pieces ranging from hoods to motors every year.
Elica has two core businesses areas: cooking and motors.
In the first area, Elica is the world's leading manufacturer of cooker hoods for household use. In the second area, Fime brand holds the number 1 position in Europe for the design, production and sale of electric motors for household appliances and boilers.
The cooking business unit designs, manufactures and sells kitchen hoods for domestic use, with the Elica brand as well as for the world's leading manufacturers of household appliances and kitchens. For the Asian market, the company also produces hobs, ovens and sterilisers. The motors business unit manufactures and sells electric motors for appliances, hoods and boilers for household use.
Values
Behind all the company’s activities and projects are strong, inspirational values
-
Love your customers – put passion into serving them
-
Think
innovatively -
Make it easy for everyone
to get involved -
Harness and channel
your energy -
Always set new targets
and go for them -
Stay curious
and never stop learning -
Have the desire
to win -
See change
as an opportunity -
Strive to reduce costs
and simplify work
Commandments
Francesco Casoli, Executive Chairman of Elica, has laid down the 10 Commandments that inspire Elica operations:
-
Manage people
so that they can manage things.1 -
Delegate, delegate, delegate
2 -
Work towards objectives
3 -
Persevere, persevere, persevere
4 -
Reward risk
and responsibility taking5 -
Sponsor problem-solving
self-managed teams6 -
Aim for
the impossible7 -
Do away with
a bureaucratic mentality8 -
Communicate, communicate, communicate
9 -
Don’t make the company
too complex10
History
1970
Elica S.p.A. is founded.
1972
First contract with Philips.
1978
Premature death of founder of Elica, Ermanno Casoli.
His son Francesco Casoli takes over the management of the company.
1990
Francesco Casoli appointed Chief Executive Officer.
1995
Operation Araba Fenice: a fire razes the Fabriano
plant to the ground, but it is rebuilt in just four months, thanks to the commitment of all employees.
2000
Acquisition of 60% of Jet Air and 20% of Airforce.
2001
Acquisition of controlling stake in Fime, a company specialising in the production,
design and sale of motors for household appliances and boilers.
2002
Establishment of Ariafina, a joint venture between Elica and Fuji Industrial Co. Ltd., Japan.
2003
Acquisition of controlling stake in Fox and a further 25% in Airforce.
2005
Opening of the Fime Polska Plant, Poland.
2006
Acquisition of an additional 1% of Ariafina, giving Elica control.
Opening of the Elicamex, Mexico. Acquisition of the remaining 40% of Jet Air. Acquisition of Turbo Air.
Elica listed on the Milan Stock Exchange.
2007
Fime Polska changes name to Elica Group Polska: also start of production of hoods.
Merger of Jet Air, Turbo Air and Fox. Acquisition of 60% of Airforce.
2009
Merger of Fime.
2010
Establishment of Elica PB India Private LTD, aA joint venture between Elica and Pralhad Buthada, India.
Acquisition of 55% of Zhejiang Putian Electric Co. Ltd., owner of the Puti brand, China.
2011
Elica’s shareholding in Zhejiang Putian Electric Co. Ltd increased to 70%.
Opening in the Russian Federation Elica Trading LLC., 70% owned by Elica, with offices in Moscow and St. Petersburg.
2012
Transfer to Fuji Industrial Co. Ltd. of3.24% of the share capital of the Chinese company Zhejiang Putian Electric Co. Ltd. (Putian).
Elica’s shareholding in Elica Trading LLC increased to 100%.