Ciccolella to invest EUR 150mn in rose growing

Italy’s floricultural producer Ciccolella plans to invest EUR 150mn in building greenhouses for growing roses in the country. The installations will be located on 70 hectares of land with production capacity of 50mn rose flowers per year. Company CEO Vincenzo Ciccolella has already signed a memorandum for carrying out research works. Rose-growing is expected to start in three years.