Ariston Thermo Group
Ariston Thermo, founded in 1930, is the most global Italian company in the heating sector with over 89% of its turnover coming from outside Italy. In 2016 the Group sold 7 million products in over 150 countries, reaching a turnover of €1.43 billion euros. It has 6,900 employees and 59 companies and 8 representative offices in 36 countries.The understanding of local needs has made Ariston Thermo the world’s partner in energy efficient comfort. As well as a strong position in European markets, Ariston Thermo has a leading position in key emerging markets. As early entrant into these markets, the Group has succeeded in establishing deep roots and high brand awareness.Ariston Thermo is one of the world’s leading companies in three market sectors (water heating, central heating and air conditioning, components) offering a complete range of products, systems and services mainly under the brands Ariston, Chaffoteaux, Elco, Racold, ATAG, Cuenod, Ecoflam, NTI and Thermowatt.Ariston Thermo’s commitment to energy efficiency is expressed through its constant stream of new solutions based on renewable energy sources, such as solar thermal systems and electric heat pumps, improvement of the efficiency of traditional products (such as boilers and water heaters) and investment in new projects for the future, including micro-cogeneration systems and gas heat pumps. The underlying objective is to offer an optimal combination of comfort, energy saving and care for the environment.Ariston Thermo’s goal is to reach, by 2020, 80% of the business from high efficiency and renewable energy solutions.The vision of the company remains to this day that of its founder Aristide Merloni:“There is no value in the economic success of any industrial initiative unless it is accompanied by a commitment to social progress”. This deep rooted respect for socio-economic development, for the environment, for local wealth creation and for different cultures has helped it to be the trusted partner of its clients around the world.