Strategic plan 2006-2010

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.

pdf Gorenje Group Strategic Plan till the year 2010 – Ambitiously in the future
strategic_plan_till_the_year_2010.pdf
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