Piaggio Group
 |
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| Public company | |
| Traded as | BIT: PIA |
| Industry |
|
| Founded | 24 January 1884 |
| Founder | Rinaldo Piaggio |
| Headquarters | Pontedera, Italy |
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Area served
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Worldwide |
|
Key people
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|
| Revenue |
 €1,295 million (2015) |
|
€161.8 million (2015) |
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| Profit |
€11.9 million (2015) |
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Number of employees
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7,510 (2014) |
| Subsidiaries | |
| Website | piaggiogroup |
Piaggio & C. SpA (Piaggio [ˈpjaddʒo]) is an Italian motor vehicle manufacturer, which via its subsidiaries designs, engineers, manufactures and distributes two wheeled motor vehicles and compact commercial vehicles under seven brands: Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi, and Scarabeo. Piaggio & C. SpA corporate headquarters are located in Pontedera, Italy. Piaggio's various subsidiaries employ a total of 7,053 employees who produced a total of 519,700 vehicles in 2014. Piaggio operates six research and development centers and operates in over 50 countries.
In 1882, Enrico Piaggio completes the purchase of land in Sestri Ponente (Genoa) to set up a timber yard. Two years later, in 1884, the company was founded by Rinaldo Piaggio. Piaggio initially produced locomotives and railway carriages. During 1917, in the wake of the World War, Rinaldo converts the company to the aeronautical and military sector. Piaggio engages in the production of MAS anti-submarine motorboats and especially of aeroplanes and seaplanes, initially built under Ansaldo, Macchi, Caproni and Dornier license, and later on Piaggio drawings.
In the 1937 the level reached by Piaggio production is demonstrated by the 21 world records acquired between 1937 and 1939 by the aircraft and engines built in the new factory in Pontedera, where since the early twenties Piaggio concentrates its civil and military aviation manufacturing, culminating in the highly advanced four-engine P 108, a strategic four-engine bomber.
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Wikipedia