Compagnie Industriali Riunite S.p.A.

Equities

CIR

IT0000080447

Delayed Borsa Italiana Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		-47.70%	-45.68%

Apr. 22	CIR bought back own shares for EUR609,000 approx.	AN
Apr. 15	CIR goes ahead with buybacks of its own ordinary shares	AN

CIR : Sogefi awarded by General Motors as one of its best suppliers in 2013

March 26, 2014 at 05:36 am EDT

MarketScreener.com By The editorial team

Sogefi awarded by General Motors as one of its best suppliers in 2013

The company received the "Supplier of the Year" award for its air intake systems.
GM is Sogefi's fourth customer in terms of revenues (approx. € 120 million in 2013)

Milan, March 26 2014 - Sogefi, the automotive components company of the Cir group, was awarded by General Motors as supplier of the year 2013 in the category of air intake systems. The award was presented to the Chief Executive of Sogefi, Guglielmo Fiocchi, at an official ceremony held in Detroit in the presence of the new CEO of GM, Mary Barra.

The "Supplier of the Year" award, which has reached its 22nd edition, is reserved for less than 1% of General Motors suppliers. It is awarded to components businesses able to guarantee innovative technologies, superior quality, excellent levels of service and competitive solutions.

The US manufacturer is Sogefi's fourth customer in terms of revenues, which came to approximately € 120 million in 2013 (out of a total of over € 1.3 billion). Sogefi supplies General Motors with suspension components and more especially with engine systems in North and South America, Europe and in recent months also India and China.

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Company Profile

CIR SpA Compagnie Industriali Riunite is an Italy-based company. The Company structures its business into five sectors: Energy, Media, Automotive Components, Healthcare and Non-core Investments. In the Energy sector, the Company is active in the generation of electrical power and distribution of natural gas. The Media sector is focused on publishing, radio, television and Internet portals operation. The Automotive Components sector is primarily engaged in the production of engine systems and suspension components. In the Healthcare sector, the Company is active in the operation of nursing homes and rehabilitation centers, as well as in the provision of hi-tech medical services, such as diagnostic imagining, nuclear medicine and radio therapy. In the Non-core Investments sector, the Company is involved in venture capital funds, private equity funds and other investments.

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