Pirelli Real Estate sees its foreign operations accounting for 30-35% in 2008, ceo Carlo Puri Negri said during an interview with Italian daily Il Sole 24 Ore. In the coming year, this figure will grow to 20-25% from 14%, he added. Italy’s leading property company is seeking to expand Central and Eastern European countries.
Pirelli Real Estate sees its foreign operations accounting for 30-35% in 2008, ceo Carlo Puri Negri said during an interview with Italian daily Il Sole 24 Ore. In the coming year, this figure will grow to 20-25% from 14%, he added. Italy’s leading property company is seeking to expand Central and Eastern European countries.
The group's revenues at the end of 2006 came to EUR 1.56 bn, a 12% increase year-on-year. Consolidated net income for 2006 was approximately 10% higher at EUR 159.5 mln.
