Press Releases and News
Discover what’s new at SACE SIMEST: the world of exports, the latest news and market scenarios, the trends in Italian industry and the most interesting success stories.
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Financials
SACE -
06 May 2020
SACE’s financial statements were approved on 31 December 2019: net profit of 141.6 million Euro, positive performance indicators (ROE of 3%) and solidity of equity (Solvency Ratio of 177%). The companies served throughout the year rose by 10% thanks to the digitalization of the offering and initiatives for accompanying them overseas.
Agreements
SACE -
26 March 2020
SACE and UniCredit commit 1 billion euros to Italian SMEs and mid-caps affected by COVID-19 in order to support both exports and internationalisation
Agreements
SACE -
10 March 2020
CDP and Sace have increased the budget allocated to support Italian companies from EUR 1 billion to EUR 7 billion
Agreements
SACE -
21 February 2020
SACE SIMEST and the Ministry of Finance of Saudi Arabia sign agreement to strengthen commercial ties
SACE and the Ministry of Finance of Saudi Arabia have signed an agreement, aimed to create a collaboration framework for enhancing trade and economic cooperation between Italy and KSA.
Deals
SACE -
10 February 2020
SACE supported two operations in the petrochemical sector, which were awarded during the PFI Awards 2019, the gala evening organized by Project Finance International, to reward the best industrial projects in the world.