Description of the business and Group composition (Tables)

12 Months Ended

Dec. 31, 2018

Investments accounted for using equity method [abstract]

Summary of Subsidiaries Included in Consolidation Together with Related Percentages of Ownership and Other Information

The subsidiaries included in the consolidation as at December 31, 2018, 2017 and January 1, 2017, together with the related percentages of ownership and other information, are as follows:


Name	Percentage of 31/12/2018		Percentage of 31/12/2017		Percentage of 01/01/2017		Share/quota capital		Ownership registered office	Activity

Italsofa Nordeste S/A		100.00		100.00		100.00	BRL	157,654,283	Salvador de Bahia, Brazil		(1	)
Natuzzi (China) Ltd		100.00		100.00		100.00	CNY	106,414,300	Shanghai, China		(1	)
Italsofa Romania S.r.l.		100.00		100.00		100.00	RON	109,271,750	Baia Mare, Romania		(1	)
Natco S.p.A.		99.99		99.99		99.99	EUR	4,420,000	Santeramo in Colle, Italy		(2	)
I.M.P.E. S.p.A.		100.00		100.00		100.00	EUR	1,000,000	Bari, Italy		(3	)
Nacon S.p.A.		100.00		100.00		100.00	EUR	2,800,000	Santeramo in Colle, Italy		(4	)
Lagene S.r.l.		100.00		100.00		100.00	EUR	10,000	Santeramo in Colle, Italy		(4	)
Natuzzi Americas Inc.		100.00		100.00		100.00	USD	89	High Point, N. Carolina, USA		(4	)
Natuzzi Iberica S.A.		100.00		100.00		100.00	EUR	386,255	Madrid, Spain		(4	)
Natuzzi Switzerland AG		100.00		100.00		100.00	CHF	2,000,000	Dietikon, Switzerland		(4	)
Natuzzi Benelux S.A.		—		100.00		100.00	EUR	312,000	Herentals, Belgium		(4	)
Natuzzi Germany Gmbh		100.00		100.00		100.00	EUR	25,000	Köln, Germany		(4	)
Natuzzi Japan KK		100.00		100.00		100.00	JPY	28,000,000	Tokyo, Japan		(4	)
Natuzzi Services Limited		100.00		100.00		100.00	GBP	25,349,353	London, UK		(4	)
Natuzzi Trading (Shanghai) Co., Ltd		—		100.00		100.00	CNY	13,891,783	Shanghai, China		(4	)
Natuzzi Russia OOO		100.00		100.00		100.00	RUB	109,138	Moscow, Russia		(4	)
Natuzzi India Furniture PVT Ltd		100.00		100.00		100.00	INR	16,200,000	New Delhi, India		(4	)
Natuzzi Florida LLC		51.00		51.00		51.00	USD	4,155,186	High Point, N. Carolina, USA		(4	)
Natmex S.DE.R.L.DE.C.V		99.00		99.00		—	MXN	69,195,993	Mexico City, Mexico		(4	)
Natuzzi France S.a.s.		100.00		100.00		100.00	EUR	200,100	Paris, France		(4	)
Softaly (Furniture) Shanghai Co. Ltd		96.50		96.50		96.50	CNY	100,000	Shanghai, China		(4	)
Natuzzi Netherlands Holding		100.00		100.00		100.00	EUR	34,605,000	Amsterdam, Holland		(5	)
New Comfort S.r.l.		100.00		100.00		100.00	EUR	20,000	Santeramo in Colle, Italy		(6	)
Italsofa Shanghai Ltd		96.50		96.50		96.50	CNY	124,154,580	Shanghai, China		(6	)
Natuzzi Trade Service S.r.l.		100.00		100.00		100.00	EUR	14,000,000	Santeramo in Colle, Italy		(6	)
Natuzzi Oceania PTI Ltd		100.00		100.00		100.00	AUD	320,002	Sydney, Australia		(6	)

(1)	Manufacture and distribution

(2)	Intragroup leather dyeing and finishing

(3)	Production and distribution of polyurethane foam

(4)	Services and distribution

(5)	Investment holding

(6)

Dormant