With the insurance support of SACE, which with SIMEST forms the export and internationalization hub of the CDP Group, CYLASER has exported € 1,5 million in machinery to Brazil.
SACE's support enabled the Vicenza-based SME, leader in the manufacture of fiber-optic laser cutting machinery and welding systems, to offer its Brazilian customer competitive payment conditions, insuring against default due to commercial and political reasons and to obtain immediate liquidity by factoring the insurance credits.
“With the experience acquired through the years and its know-how, the company decided to expand its production by opening to international markets – stated Martini Campana, Director of CYLASER –. Also thank to SACE, CYLASER is operating in Latin America, with a special focus on Brazil, a market with excellent opportunities for the future".
CYLASER has been active since 2004 in the production and marketing of industrial equipment for the fiber-optic laser cutting of metals and offers personalized solutions for automating and handling that permit high levels of productivity.
This initiative confirms the commitment of SACE SIMEST to support the internationalization processes of Italian SMEs in markets with high potential for their exports, such as Brazil, which registered growth of over 16% in the first nine months of 2017 with € 3.7 billion in goods sold. SACE estimates a 4% annual growth in exports for the next three years, with the best opportunities coming from the sectors of agri-food machinery, automotive and components, infrastructure and construction, and oil & gas.