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Italian pasta maker Barilla seeks to expand in Latin America, Asia
date:May 28, 2014
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The Parma-based company has weathered a two-year recession in its home country, cutting costs and launching marketing campaigns.

Due to this strategy and investments in Brazil and Russia, Barilla's revenues rose 2.5 percent in 2013 to 3.2 billion euros ($4.37 billion) on a like-for-like basis.

However, the slow economic recovery in Italy - which accounted for nearly half of Barilla's sales last year - could hinder the company's goal of nearly doubling revenues to 6 billion euros

12/19 07:19