CAMPODARSEGO, Padua, Italy — Antonio Carraro, manufacturer of compact tractors for specialized agriculture (vineyards and orchards), reports one of the best economic outcomes of the sector for 2016. The company offers 40 basic models available in 80 different versions. Exports, making up more than 50%, performed well in France, the Iberian Peninsula, Turkey, Iran, South America, Canada, California and China. Orders during early 2017 are up around 30% compared to the same period in 2016. A growth in turnover of more than 5% is forecast for the whole of 2017.

According to the compamy, Marcello Carraro, is pleased with the results and the subsequent strengthening of the financial situation after the increase in capital at the end of 2016, thanks to the entrance of the Gruppo Melleuno Imoco, which will allow the five-year strategic plan (2017-2021) to be undertaken safely and securely. The company plans to continue strengthening production, both in terms of human resources and machine technology, while at the same time reinforcing the commercial structure and internal control system, including branch management in Turkey, Spain, France and Oceania.