BETTER SILVER SpA Company Profile
VOCATION Better Silver produces large volumes of high-quality silver chains and jewelry designed around chains for major international players in the jewelry and fashion industries. We invest heavily in innovative manufacturing and cutting-edge information technologies to secure high-performance product and service advantages for customers. Multiple supplier awards testify to Better Silver’s operational excellence.
VALUES
SOLIDITY
SUSTAINABILITY
STRUCTURE
The ambition to constantly better ourselves and better everything we do characterizes our company. Courage is the fuel that propels us to invest. Ingenuity is the spark that keeps us curious and resourceful. Family is the force that keeps our extended community united.
Better Silver enjoys healthy financials due to good governance and sound management. We reinvest all profits back into the company to bolster our competitiveness.
Better Silver will act responsibly and respectfully towards the environment, our employees, our local community, and all stakeholders who play a part in our story.
The company remains solidly in the hands of the Bettinardi family since 1977, with the second generation occupying the CEO, COO and Marketing Director positions.
Every year we voluntarily request Ernst & Young to audit our financial statements and a national rating agency to issue a public credit rating to reassure clients and financial institutions of our solidity.
In 2017, Better Silver became the first company in the silver jewelry industry to obtain SA8000 certification.
PRODUCTS At Better Silver, we combine inspiration from the past with evolving stylistic research to shape beautiful chains, both plain and with stones. We perform all production processes internally in our vertically integrated industrial factories, bringing the best of Made in Italy to our designs and manufacturing.
Better Silver is well-capitalized, owns the silver metal used in production, and keeps stock of more than 80% of all chains sold, enabling us to respond quickly to orders.
Tons*
Mtrs 10 Million
Pcs 20 Million*
13000 m2, 2 in Italy and 1 in Romania 15 departments
340
more than
1000 machines
employees
Better Silver uses 100% renewable energy and 100% recycled silver.
2022 TURNOVER - 60 mil. Eur Sales revenues confirm a growth trend over the past years for the Group
Applying the full suite of our production technologies – from shaping and laser cutting to casting and lathing by CNC – we develop customized solutions that meet our client’s aesthetic and functional requirements within the constraints of time, quality, and prices.
80
In 2020, our first Sustainability Report led to a Social Responsibility Management System aligned with SA8000 and RJC COP standards. In 2023, we were certified RJC COC, ISO 14001 and ISO 45001.
2022 EBIT - 4 mil. Eur
4%
MARKETS 2022 CAPEX - 4 mil. Eur
€
Cash flow was reinvested to strengthen the Group’s capital structure.
Better Silver exports products to 80 countries around the world.
20%
11%
28% 4% 13% 2%
* per year CONTACTS: Tel. +39 0444 467711 E-mail marketing@bettersilver.it www.bettersilver.it social network
15%
3%