Luxottica will soon start working on the expansion of its factory in Sedico, near Belluno. According to reports in Corriere del Veneto, municipatl authorities have approved the project, which extends on a surface of around 50,000 square meters. The company had previously received the other necessary authorizations from the public works office. The newspaper reported that the factory expansion might create new jobs. Luxottica concentrates part of its manufacturing and logistics operations in the area. The construction work is expected to start in early June. Luxottica posted revenues of €8.8 billion in 2015, up from €7.6 billion in the previous year, and a net profit of €865 million, representing a 24 percent increase from 2014.