“These three segments account for over 50% of our total revenues” explains Sales Director of Welt Electronic SpA Industrial Division Michele Giusti. Since it was founded in 1985, Welt Electronic has grown almost without interruption. “Only in 2008/2009 during the economic crisis, there was a small setback” says Mr. Giusti.
Today, the company has 40 employees, including 25 sales representatives, and turns over approximately 30 million EUR. Three years ago, the company entered the fast evolving lighting market and started cooperating with the Japanese Nichia Corporation, the world’s largest manufacturer of LED products.
Welt Electronic exports 5 to 6% of its products, mainly to customers in Eastern Europe including Croatia, Hungary and Slovenia. “At present, we do not have any plans to expand our international activities” states Mr. Giusti.