
As every year, the Varvel Group presents the new edition of the Sustainability Report relating to the performance of the previous year.
The latest edition of the official document shows a sharp decline in debt (-7% compared to 2018 and – 18% compared to 2017) which attests to the company’s ability to continue with the recovery process despite the slowdown in world trade that began in 2019 in a still pre-Covid era.
The 2019 Sustainability Report highlights further growth in internationalization through the increase and shift of turnover abroad, with a ratio of 30/70 between the Italian and foreign markets.
Employment levels have remained constant and, as evidence that a healthy and virtuous company is not only recognized by its turnover, but above all by the cohesion, serenity and sense of belonging of its employees, 93.5% of collaborators are hired indefinite period and the company climate was judged very positive by an independent survey.