EnglishFabryo Corporation (the former Guzu Chim) posted 110% sales growth on the varnish segment and a 55% increase in paint sales, according to preliminary financial data for 2006. This spectacular evolution was more noticeable in the second half of 2006 and it was triggered by the launch of the new Savana products, including Savana washable paint, with a teflon Surface Protector and Savana varnish, with Teflon Surface Protector for wood, launched in partnership with DuPont.
"As average market growth was approximately 30%, Fabryo managed to double varnish sales and to post 55% sales growth on the washable paint segment", said Daniel Guzu, CEO of Fabryo Corporation.
According to a press release sent to our newspaper, last year, the company invested 15 million euro in a new production facility and began its partnership with Oresa Ventures investment fund.
Teflon-based varnish and paint is highly stain resistant, as stains cannot penetrate the coating and, thus, can be removed very easily.
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