CNH Industrial was formed by the merger between Fiat industrial S.p.A. and its subsidiary CNH Global N.V., completed on 29 September 2013. The merger had no impact on the consolidated activities of the former Fiat Industrial Group and the results presented herein are therefore consistent and comparable with those previously published by Fiat Industrial.
CNH Industrial is a global leader in the capital goods sector. Through its various businesses the Company designs, produces and sells agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, in addition to a broad portfolio of powertrain applications.
CNH Industrial is present in 190 countries, with its key markets in Europe, the USA, Brazil, and China. It has 62 plants, 48 research and development centers, more than 71 thousand employees, and a network of approximately six thousand dealers and distributors. As at year-end 2013, revenues totaled €25,778 million, and trading profit were €1,985 million.
|Employees at year end||71,192||68,257||66,998|
|Countries in which CNH Industrial operates||190||190||190|
|Research and development centers||48||49||51|
|Investments in tangible and intangible assets2||1.495||1.349||993|
|Net industrial cash/(debt)||(1,592)||(1,642)||(1,239)|
FINANCIAL ASSISTANCE RECEIVED FROM GOVERNMENT
|of which subsidized loans||423||211||204|
|Total public funding||437||564||207|
FINANCIAL ASSISTANCE BY COUNTRY
CNH INDUSTRIAL WORLDWIDE (%)
EXPO MILANO 2015
Expo Milano 2015 will be an extraordinary international event showcasing tradition, creativity and innovation in the food sector, where agriculture plays a vital role. As an Official Global Partner, CNH Industrial will be represented at Expo 2015 by its New Holland Agriculture brand in the purpose-built Sustainable Farm Pavilion, a 1,638 square meter space designed and created according to environmentally friendly and energy saving principles. The pavilion was designed for dismantling and rebuilding, and will be used for other purposes once the exhibition is over. Its construction materials and technologies offer maximum flexibility to enable their recycling and reuse. The building will be fitted with solar panels producing renewable energy, and a system for harvesting rainwater. New Holland Agriculture will be showcasing its vision of the present and future sustainable farm, where the generation of food, energy, and revenues creates a virtuous circle built on renewable resources and respect for the land and environment, in line with the company’s Clean Energy Leader strategy.