Goals and priorities

A new name and a new organisation

The year 2008 was an important one for our company. We decided to change our name from MTS Group to Ariston Thermo Group and re-organized the company into three, more market-focused, divisions: Thermic Comfort, Burners and Components.

Committed to renewables

We created a new European centre of competence for solar thermal in central Italy. We supplied a sophisticated 7,500 m2 solar system for the Beijing Olympics. We continued to invest in the development of a comprehensive portfolio of renewable energy solutions.

Challenges and opportunities

These are challenging times for economies and companies. However, I believe that our core strengths will help us through. We are able to leverage our product range and our global markets to give us the flexibility to respond to fluctuations in demand. We also retain a strong competitive edge by being a family owned business with a solid financial structure and efficient operations.

Investing in our brands

We are strong in Europe and in key developing markets such as China, India, and Vietnam. We will continue to invest in our brands in the belief that strong brands are the key to success in a global marketplace.

Aims for the future

We will continue to focus on new product innovations. We will also add value to our customer relationships through further improvements in distribution and service. Our objective is to be one of the global leaders in the heating sector.

Paolo Merloni
CEO