Orona, specialized in urban mobility solutions, approved its 2016 financial statements at its Annual General Meeting, which was held the 12nd May at the Orona Ideo head office.

The “Orona-UE” project was also presented to the Assembly –a program that strengthens the company’s commitment to keep growing in Europe, where it already has more than 1,500 employees.

Orona generated €652 million in revenues in 2016, up 6.71% compared to 2015. More than half of these revenues, 382 million, came from international markets.

EBITDA reached €112 million –a very similar figure to that of 2015– and the investment was around €33 million. The company continued its commitment to invest 2% of its revenue in R&D.