REPORT 2007: The goal of 100 million euro surpassed!
The SMI Group grows at "Chinese" rates
Despite the strong appreciation of the euro, in 2007 the SMI Group's sales recorded a growth marking a 14,11% rise in comparison with 2006, passing from 88,2 to 100,7 million euro.
More in details, the parent company SMI (high-speed automatic packers and rotary stretch-blow molders) generated sales for 72,3 million euro, recording a 11,7% increase in comparison with 2006. The subsidiary company SMIPACK (low-speed automatic and semiautomatic packers) registered a record increase (+ 28%) passing from 9,2 to 11,8 million euro.
The machines manufactured by the SMI Group are present almost in all Countries all around the world.
In fact, 90% of the production is exported both in the industrialized markets and in the emerging markets. The most important customers are in Europe (60% of exports), followed by China, Russia and Turkey, which confirmed themselves as the most important emergent markets. Satisfactory results were achieved in Mexico and USA, while most of the Countries in the Eastern Europe showed encouraging signs of growth.
Innovation first of all
Innovation is the life style of the SMI Group. The research & development activity, exploring new opportunities and ideas, is of great importance for the company growth.
The aim is to provide products and solutions that ensure the best investment return and are able to face the market competitiveness. The SMI Group promotes the technological innovation in all its sectors and invests an increasing quote of the turnover in the research & development activity
In 2007, SMI have made important investments in the Research & Development, in order to introduce continuous technological innovations in the different products of the Group: such investments are the major factor which contributed to the excellent economical results of the year 2007.
The European Regulation 679/2016 (GDPR) on the protection of personal data has been fully applicable since May 25th, 2018. This is an important goal, because it lays down rules relating to the processing of personal data for all Countries within the Union. Every company of the SMI Group planned a series of activities, assets or operational modes to comply with the regulation and put into practice the protection of personal data. Here is a list of actions taken to comply with the European Regulation and our policy on personal data processing.
Lawfulness of processing All activities relating to personal data processing shall be lawful (consent, contract obligations, vital interests of the data subject or of third parties, compliance with legal obligations to which the controller is subject, public interest or exercise of official authority, legitimate interest pursued by the controller or by third parties).
Information document The information statement has been improved and updated to the new regulations (art. 13 and 14 GDPR).
Rights of the data subjects (right of access, right to erasure-right to be forgotten, right to restriction of processing, right to object, right to data portability) Technical and organization measures have been adopted to ensure the data subject's exercise of his rights and to meet the data subject requirements.
Controllers, processors Based on the new principle of “accountability”, SMI Group organization was re-defined, in order to proactively ensure integral compliance with the Regulation. Redefinition of the role of data processors and service suppliers whose activity implies personal data processing.
Risk of data processing; accountability measures taken by controllers and processors (Impact assessment, record of processing activities, security of processing, data breach) The “Conformity document”, including records of data processing activity, plans, adopts and demonstrates all technical and organizational measures taken to adequately perform the data processing activities and specifies the necessary procedures to be adopted to notify data breach.
Transfer of personal data to international organizations Smi Group adheres to the general principles and guarantees concerning the transfer of personal data to third Countries.
The Controller is: SMI S.p.A. Head office: Via Carlo Ceresa, 10 - 24015 San Giovanni Bianco (BG) - ITALIA VAT nr: IT03942700166 - R.E.A. 421708 For further information, write to: email@example.com
According to the European Regulation 679/2016, the data subject is entitled to exercise the rights set forth in the Regulation. The integral version of art. 15; 16; 17; 18; 20; 21; 77 of the European Regulation is attached to this document.
SMI S.p.A. IVA SMI INDUSTRIES Group Headquarters: Via Carlo Ceresa, 10 - 24015 San Giovanni Bianco (BG) - ITALIA Registered office: Via Monte Grappa, 7 - 24121 Bergamo (BG) - ITALIA VAT: 04471940165 - TAX code: 03942700166 - R.E.A.: 421708 Share capital: Euro 5.000.000 i.v.