MIRcolor
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Indústrias Romi S.A. Country: Brazil
Av. Pérola Byington 56, Santa Bárbara d"Oeste, S.P., 13453 900 Brazil. Phone 55-19-3455-9800.
www.romi.com.br www.romiusa.com Brands: Romi
Listed: Bovespa Brazilian stock exchange Novo Mercado section. Symbol: ROMI3
Turning machines, machining centers, precision boring equipment. Also produces plastics machines, castings. Founded 1930; third generation runs firm. Industrial complex in southern Brazil has nine plants with 140,000 sq. meters. Dominates Brazilian machine-tool market w/40% share (equal to all imports combined); marketing organizations in U.S., Germany, Argentina; sales reps in 20 countries. Exports to 37 countries.
Values in Millions
Fiscal Year Ended Dec. 2008 Change Dec. 2007 Change Dec. 2006
Net Revenue, R$ (Braziln. Reals) 696.1 10% 632.0 15% 548.9
M-T Revenue, R$ 439.9 6% 416.8 13% 369.5
Net Profit (Loss), R$ na 109.0 31% 82.9
U.S. $ Conversion Factor 0.55716 0.51630 0.46072
Net Revenue, U.S. $ 387.9 19% 326.3 29% 252.9
M-T Revenue, U.S. $ 245.1 14% 215.2 26% 170.2
Net Profit (Loss), U.S. $ na 56.3 47% 38.2
Financial Notes:
Makes offer Feb. 2010 to acquire all shares of American builder Hardinge.  Proprosed  acquisition in 2008 of Italian plastics-machine producer Sandretto not completed because requested conditions could not be satisfied.
see:  Hardinge