A FIREPLACE manufacturer is expanding its European operations after a 25% increase in sales and expects further growth after developing more new products.
CVO Fire of Newton Aycliffe, County Durham, added £500,000 to its £2m turnover last year and plans to grow after setting up its first showroom in Germany.
The company’s workforce grew from 12 to 16 last year and expects to create more jobs after the cold snap saw sales increase by 35% compared to last year.
The firm, founded in 2007, plans to open its second UK showroom in Reading. The company says its success is due to its flueless fire ranges, which can reduce running costs by about 60% compared to conventional gas fires as they don’t need a catalytic converter.
Managing director, Andrew Munro, said: “The launch in Germany was a fantastic success and the new showroom looks amazing. “All of the CVO products on display were incredibly well received and we are very excited about continually increasing our European presence which is helping to increase production and create jobs in County Durham.”
The company has also opened distribution networks in Spain, Cyprus, Greece and Ireland since setting up, and has increased its European presence by recruiting distributors in Portugal, Norway and Sweden.
It is looking at improving its fires and said it was developing a high efficiency range of inset fires.