About Finproject
Finproject is a company based in Morrovalle (Italy) founded in 1965. Compact and expanded PVC compounds are manufactured for multiple sectors. The company has 387 employees. Its chief executive, as recorded, is Maurizio Vecchiola. Its Indian entity Finproject India Private Limited reported revenue of ₹96.10 Cr. Finproject offers products and services including PVC Compounds and XL Extralight Footwear.
Company details
Finproject was established in 1965 in Morrovalle, Italy, as a manufacturer specializing in PVC compounds. Compact and expanded variants are produced to serve diverse sectors including construction, advertising, and packaging. Operations focus on formulation and supply of these materials, with distribution centered in Europe. The company is led by CEO Maurizio Vecchiola, emphasizing technical standards in polymer processing.
- Headquarters Morrovalle, Italy
- Employees 387
- Email••••••••
- Phone•••• ••••
- Website finproject.com
- Social LinkedIn
- Legal Name Finproject India Private Limited
- Date of Incorporation 06 Jan, 2010
- Jurisdiction Jaipur, Rajasthan, India
- Indian entity revenue₹96.10 Cr
FY 2025 · +5% YoY
- Indian entity net profit₹1.36 Cr
FY 2025 · 1% margin
- Indian entity EBITDA₹5.94 Cr
FY 2025 · 6% margin
- Latest Funding Round$36.41K (USD), Grant
May 2022
- InvestorsEuropean Union
& 1 more
- Employee Count387
Associated legal entities of Finproject
Finproject operates through Finproject India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finproject India Private Limited CIN U24139RJ2010FTC045383 | Active | 06 Jan 2010 | Jaipur, Rajasthan | ₹96.1 Cr | 387 | 7 | View details |
Products & Services of Finproject
Finproject offers a comprehensive portfolio of products and services, including PVC Compounds and XL Extralight Footwear.
PVC compounds are manufactured for various industrial uses, with an emphasis on sustainability features.
Lightweight materials for footwear are produced by Finproject, incorporating innovative and sustainable elements.
Funding Insights of Finproject
- Total Rounds 2
- Last Round Grant — $36,411
- Investors Count 2
All 2 funding rounds of Finproject with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $36,411 | Grant | – | – | |
| Jun 2015 | Private Equity Round | – | VEI Capital | – |
2 investors in total: 2 institutional.
Investors in Finproject
Finproject has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and VEI Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| veicapital.it | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Finproject
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Finproject India Private Limited (Finproject)
Finproject India Private Limited is the primary company behind Finproject. The board of Finproject India Private Limited currently have 5 directors; the longest-serving is Lorenzo Verrucci, appointed in 2010. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lorenzo Verrucci DIN 02767659 | Managing Director | 06 Jan 2010 | 16 yrs 9 mo | Finproject India Private Limited |
| Raffaele Francesco Brunori DIN 08942857 | Director | 16 Dec 2020 | 5 yrs 10 mo | Finproject India Private Limited |
| Graziana Carianni DIN 08966520 | Director | 27 Sep 2023 | 3 yrs | Finproject India Private Limited |
| Giuseppe Muller DIN 11068206 | Director | 09 May 2025 | 1 yr 5 mo | Finproject India Private Limited |
| Luciano Carcaiso DIN 10334625 | Additional Director | Finproject India Private Limited |
People of Finproject
24 people are tracked at Finproject (5 in leadership, 19 in team); the tracked headcount is 387.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
| Group Human Resources, Services And ICT Director | Leadership | |
Paolo Pistarelli | Vice President Procurement | Leadership |
Marco Chiappani | General Manager | Leadership |
Ing. R.m. Sharma | Manufacturing Unit Head | Leadership |
Fabio Morini | R&i & Tech. Service Project Leader | Team |
Matteo Doria | Responsabile CAD | Team |
Davide Laurenzi | R&i, Product Development And Technical Assistance | Team |
Primo Spina | Senior Area Sales Manager | Team |
Silvia Luceri | Legal Specialist | Team |
Filippo Groppi | R&i And Technical Assistance Wire & Cable | Team |
Alessandro Russo | Tecnico Di Laboratorio R&i | Team |
Antonio D'Ignazio | Responsabile Amministrativo | Team |
Silvia Bedetta | Impiegata | Team |
Serena Zuffati | Commerciale Area Germania | Team |
Marco Cittadini | Buyer Expert | Team |
Stefano de Solis | Maintenance Coordinator | Team |
Davide Signorastri | Assistenza Tecnica Prodotto | Team |
Paolo Doria | Network And IT Maintenance | Team |
Vito Diliberto | Maintenance & Technical Services Manager | Team |
4 more people are available in the full profile.
Complete people profiles for Finproject
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Finproject
Figures of Finproject India Private Limited, the primary company behind Finproject, for FY 2025. Revenue was ₹96.10 Cr (+5% year on year). Net profit was ₹1.36 Cr (1% margin). EBITDA was ₹5.94 Cr (6% margin). Revenue has grown at a compounded annual rate of +11% over three years and +13% over five years.
- ₹96.10 CrRevenue · FY 2025 · +5% YoY
- ₹1.36 CrNet profit · 1% margin
- ₹5.94 CrEBITDA · 6% margin
- ₹12.18 CrPaid-up capital
- 387Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finproject India Private Limited are on its company page.
Detailed financial statements for Finproject
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Finproject
3 dated milestones of Finproject across 57 years, from founding to its latest funding, stage changes and deals.
- Founded Finproject is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $36K.
Web traffic of Finproject
The website of Finproject (finproject.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 165% vs previous month
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Frequently Asked Questions about Finproject
Finproject was founded in 1965 and raised its 1st funding round 50 years after it was founded.
Finproject is headquartered in Morrovalle, Italy. It is registered at Morrovalle, Marche, Italy.
Maurizio Vecchiola is the CEO of Finproject, as recorded in our data.
Finproject has 387 employees.
The primary company behind Finproject, Finproject India Private Limited, reported revenue of ₹96.10 Cr for FY 2025, up 5% year on year.
Finproject was established in 1965 in Morrovalle, Italy, as a manufacturer specializing in PVC compounds. Compact and expanded variants are produced to serve diverse sectors including construction, advertising, and packaging. Operations focus on formulation and supply of these materials, with distribution centered in Europe. The company is led by CEO Maurizio Vecchiola, emphasizing technical standards in polymer processing.
Finproject offers PVC Compounds and XL Extralight Footwear.
Finproject has 2 investors. Key investors include European Union, and VEI Capital.
Finproject operates through Finproject India Private Limited.
The legal entities of Finproject currently have 7 directors, including Lorenzo Verrucci, Graziana Carianni, Raffaele Francesco Brunori and others.