2011, a successful year: Idrobase

Italy-based high pressure cleaner manufacturer Idrobase Group saw its sales rise by more than 17% compared to 2010. Unlike the first semester, the second half of the year was satisfactory for Idrobase because of the market crisis in Europe. It has recorded an increase in earning from a portion of countries outside EEC (59%), drop in Italian market (20%) and steady growth in CEE area (21%). It has set a target of over 8% for 2012 and aims to double turnover in the next five years. Over the last nine years, the turnover of Idrobase has tripled from €2.7 to 8.1 million.