Press Releases and News

Trafigura (“Trafigura” or “the Group”), a market leader in the global commodities industry, has entered into a USD 500 million five-year loan arranged by SMBC, with SMBC acting as lender. The loan is guaranteed by SACE, Italy’s insurance and finance group controlled directly by the Ministry of the Economy and Finance, as part of SACE’s Push Strategy

AMCO - Asset Management Company and SACE SRV, a company of the SACE Group specialized in information services, monitoring and debt collection, kicked off operations related to the partnership for the management of loans to foreign debtors

Three hospitals with a total of 400 beds will be built in Cabinda, Luena and Huambo thanks to a UniCredit loan of € 222 million for the Republic of Angola Ministry of Finance, guaranteed by SACE and with SIMEST’s rate stabilization and interest subsidies. The initiatives are significant for the Italian economy: as well as representing the first projects that will be implemented by Vamed Health Projects Italy, an Italian company active in design, construction, supply of systems and medical equipment for turnkey hospital projects belonging to the Austrian group, they involve Italian sub-suppliers for the most part. Over the last year, SACE has organized 2 business matching initiatives with Vamed Health Projects Italy, involving approximately 60 Italian businesses and facilitating 35 B2B meetings between the counterparty and producers of medical equipment but also training of staff and commissioning and start-up of the facilities to increase the order’s Italian content.

Colines, IMS Technologies, and Bobst Group are the three companies that will create a packaging production line for the Indian corporate Chiripal Poly Films. More than € 7 million have been issued by UniCredit and guaranteed by SACE to support the significant supply chain project in a high-potential market for Made in Italy – one of the most dynamic Asian markets for Italian export.

Paola Valerio, Head of International Relations at SACE, has been elected Chairman of the OECD Working Party on Export Credit and Credit Guarantees (ECG), and Vice-Chair of the Participants' Group