SACE supports Mytilineos with 100 million euro Push Strategy operation to facilitate Italian export in the renewable energy supply chain

SACE supported Mytilineos together with ING Bank, a branch of ING-DiBa AG (“ING”) and Intesa Sanpaolo.

Mytilineos is a leading Greek company in the industrial and energy sector at a global level, with the Push Strategy Scheme to promote energy and sustainable transition projects and new business and commercial opportunities for Italian companies.

SACE's intervention covered 80% of a loan of 100 million euros made available by INGING-DiBa AG (acting as Coordinating Bank and SACE Agent) and Intesa Sanpaolo Bank and further strengthened commercial and investment relationships with Mytilineos, enhancing business opportunities for Italian suppliers. Mytilineos has seized the opportunities deriving from the Push Strategy operational model and has become a pioneer for sustainability in Greece by exploiting the key role of "opportunity multiplier" of the program and the privileged access to the Italian supply chain provided by the business matching activities organized by SACE. 

SACE aims to encourage match-making opportunities in the coming years with a focus on relevant sectors to give a boost to Italian export and guarantee companies long-lasting and sustainable growth for the well-being of the Italian companies and the whole community.

The Push Strategy Program is part of the "accompanying" services offered by SACE and facilitates the positioning of Italian exporters in the supply chains of large foreign corporations.

Thanks to business matching projects and one-to-one meetings with buyers in Italy, abroad and online, companies can get in touch with the procurement teams of foreign buyers from different sectors and to present its technologies and services.

The Push Strategy program is essential not only for the financial aspect of operations, but also for organizing and promoting match-making meetings among Italian companies and the top management and procurement team of foreign buyers benefiting from the guaranteed financing from SACE.