Press Releases and News
Discover what’s new at SACE: 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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Deals & Products
SACE -
02 March 2011
SACE has secured a US$ 300 million long-term financing granted to the Brazilian company Vale S.A., the world’s largest producer of iron ore and iron ore pellets and the world’s second largest producer of nickel. Vale also produce manganese, ferroalloys, thermal and coking coal, bauxite, alumina, copper, cobalt, platinum group metals, and fertilizer nutrients.
Financials
SACE -
18 February 2011
Sace continues to be fully operational in all markets with high growth potential despite marked instability; insurance conditions for North Africa remain unchanged but the region is "under observation". The number of countries where SACE can offer insurance cover has risen from 181 to 183, with a more flexible approach in 19 Sub-Saharan countries.
Deals & Products
SACE -
03 February 2011
SACE has issued guarantees for the construction of three solar power plants in the municipalities of Soleto and Martano, managed by Holding Fotovoltaica.
Deals & Products
SACE -
01 February 2011
SACE has secured a USD 435 million loan provided by HSBC to Saudi Basic Industries Corporation (SABIC), a leading player in the petrochemical sector, for the expansion project of Hadeed in Jubail Industrial City (Saudi Arabia).
Financials
SACE -
03 December 2010
Today the Board of Directors of SACE, chaired by Giovanni Castellaneta, examined the quarterly report and accounts at 30 September 2010 and approved the 2011-2013 industrial plan.