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News from the world of Busi Group

31 / 08 / 2023

The growth trend does not stop: in 2022 the Brescian group grew by € 35 million. Profits are growing and foreign sales account for a quarter of turnover.
New investments in plants and technologies and a strong focus on HR are planned for 2023


The results of the consolidated financial statements of the Busi Group - a leading Italian company in complete solutions for the collection, compaction and transport of waste - show an increasingly prosperous and solid group: the value of production for 2022 exceeded 176 million €, revenues from sales and services 165 million, with an increase of 28% compared to 2021.

The balance sheet of the group, made up of the 4 companies (the holding company Busi Group, BTE, MEC and OMB Technology), is therefore in the sign of solidity with all values showing a strong improvement, such as EBITDA at 13.7%, which rose from 14 million to 22 million €, also thanks to the corporate strategy that aims to consolidate and re-invest in production activities to keep the group at the forefront and competitive on national and international markets. In fact, the share deriving from foreign activities represents 24% of the total.
"This exploit is not linked to temporary conditions but is due to the important increase in sales volumes and is part of a growth trend that has been constant in recent years. We can also be confident for 2023, as the first half of the year closed with an 8% increase over the same period of the previous year. The goal is to improve further: to sustain growth, we have planned numerous investments in machinery, R&D and facilities, and we have decided to enter a new strategic market such as street sweeping," said Fratelli Busi.

Busigroup entered the road sweeping sector in 2023 with the acquisition of shares in the start-up BSA Sweeping Equipment S.r.l, a company founded by professionals with strong expertise in the urban hygiene sector. The forecast is to reach a total turnover of €30 million in five years, becoming a key player in the national market and gradually entering international markets with this product as well.
In 2023, the machinery already purchased will also be activated to improve the production line, making it more automated, thanks to the introduction of robotic welding systems, laser cutting machines, and the complete re-thinking of some production processes. These efforts, characterised by substantial economic investments worth more than €5 million, have made it possible to re-set some production processes to increase productivity and support sales growth, but they do not end here: in the two-year period 2023/2024, further investments are planned in production machinery, in research and development and in new buildings and factories, for a total value of more than €10 million.

The Busi Group is also very attentive to energy saving and green issues, which is why in recent years it has been renovating its buildings to make them more sustainable and less energy-intensive; an enlightened approach that has kept the group sheltered from fluctuations in energy costs in recent months and will continue in 2023: further photovoltaic plants will be installed on the factories in Paitone, Pontevico and Rezzato for a total capacity of 1 Megawatt produced from solar energy, with an investment of around €1 million and adding to the Megawatt already produced by the solar plants in operation.
Last but not least, there is the chapter dedicated to Human Resources: in 2022, the group increased its workforce to support the increase in production, with strong growth in the Production Departments, the Technical Department, the Production Engineering Department and also the Personnel Department, which was structured to improve global HR management and meet new challenges. In 2022, annual processes such as Performance Appraisal, Salary Review or Development and Succession Plans were introduced. For 2023, work is being done to have several accommodations for employees, a plus that has almost become a necessity given the high rents and the difficulty all companies are experiencing in finding qualified labour.

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