Vision of Group Gorenje
We want to become the most innovative design-minded creator of home appliances in the world!
Mission of Group Gorenje
We create innovative technically accomplished, superbly designed, user - and environment - friendly appliances for home.
Values of Group Gorenje
- Probity.
- Openness.
- Loyalty.
- K(C)reativeness.
- Ambition.
Summaries of strategic goals and orientation of Group Gorenje to year 2010
Summary of planned financial development of Gorenje Group
- Net revenues from sales in the year 20101:
- EUR 1,250 million / 5.0% average annual growth
- Earnings from operations before depreciation and provisions in the year 2010:
- EUR 112 million; 9.0% of net revenues from sales; CAGR = 7.7%;
- Investments in tangible assets: Annual average EUR 40 – 50 million;
- Labor productivity growth (net revenues from sales / average number of employees): Annual average 4.7%;
- Productivity growth of engaged capital (EBITDA / average engaged capital): Annual average 1.0%.
1 Figures denote internal growth of the Group. The Management estimates that it is feasible to attain further increase in operations in the strategic period of EUR 200 - 300 million by acquisitions, which would raise consolidated net revenues from sales of Gorenje Group to EUR 1,450 to 1,550 till the year 2010.
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