Press Releases and News

In consideration of the deterioration of the risk in the geographies affected by the Russian-Ukrainian conflict, SACE is temporarily suspending the evaluation and acceptance of new risks for export credit activities in Russia and in Belarus. Moreover, with the aim of assessing the scenario on a daily basis and providing utmost support to Italian exporters and the national economic system, SACE has put in place a crisis room involving various functions and will continue to monitor the situation very carefully, updating its position based on future developments.

SACE guaranteed a € 21 million loan from Société Générale to support Italian exports for the supply of a highly energy-efficient waste heat recovery unit to the Brescia-based company. The operation is part of a larger project in Egypt which, due to its importance in the "green" transition, is financed by the European Bank for Reconstruction and Development.

Through the credit line, issued by ING Bank, a Branch of ING-DiBa AG (“ING Germany”), SACE aims at facilitating business opportunities between Italian exporters and the Izmir Metropolitan Municipality

Thanks to the loan from SACE and Intesa Sanpaolo Group, as partial but determinant contribution to financing of the gas-metering project, the Uzbek state-owned company Hudugazta’minot will purchase smart gas meters with the latest generation of components from the Italian multinational Pietro Fiorentini

Adherence to the Poseidon Principles follows the adoption of a Climate Change Policy, highlighting SACE’s growing attention to sustainability thanks to specific measures which improve Italian and foreign businesses’ contribution to reducing greenhouse gas emissions. SACE’s commitment to sustainability is also confirmed by its leading role in supporting Italy’s Green New Deal, through the green guarantees program: more than €1.4 billion guarantees have already been issued to support the country’s green transition.