SIMEST, a company which, together with SACE, forms the export and internationalisation hub of the Cassa Depositi e Prestiti Group, financed the internationalisation projects of 37 Italian companies in June. The eleven destination countries comprise Albania, Argentina, China, Dubai, Iran, Kazakhstan, Russia, Serbia, Switzerland, Tunisia and the United States. The companies receiving support include:
- FAI FILTRI Srl of Pontirolo Nuovo (province of Bergamo) is active since 1974 in the manufacture and marketing of filters and components for industrial plants. The company will open a commercial office in Moscow thanks to the financing from SIMEST. Of the company’s total turnover, 75% is generated abroad and it sells over 2 million pieces per year to 700 customers around the world.
- BLEU Srl of Lanciano (province of Chieti) is a member of the Maio Group and has been operating for over 25 years in the field of environmental protection through the integrated management of the treatment and disposal of special waste. BLEU, which designs, builds and manages landfills with waste treatment systems, will open a commercial office in Albania thanks to the SIMEST financing.
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SIMEST is part of the CDP Group, 76% owned by SACE, with leading Italian banks and trade associations among its other investors. SIMEST and SACE form the export and internationalisation hub of the CDP Group, which offers the entire range of financial instruments to support Italian companies interested in competing and expanding internationally. In particular, SIMEST supports companies throughout their entire international development process, providing soft loans for internationalisation, export credit support and equity investments