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 -
23 July 2012
Today in Moscow were finalised the agreements between SACE, Cassa Depositi e Prestiti (CDP), Intesa Sanpaolo, Société Generale, KFW IPEX-Bank and VTB Bank Russia for an export financing package in favour of the De Eccher Group. In the last few months the Italian group secured the contract for the development of the “VTB Arena Park” ahead of the 2018 World Cup which will be held in Russia.
Deals & Products
SACE -
21 June 2012
SACE has approved a guarantee on a US$ 600 million loan granted to Braskem Idesa, the Brazilian-Mexican joint venture, for the construction of the largest petrochemical project in progress in the Americas: Etileno XXI.
Agreements
SACE -
14 June 2012
SACE and China Merchants Bank signed a cooperation agreement to support the internationalization of Italian companies in China by enhancing their access to capital resources.
Financials
SACE -
17 May 2012
The Board of Directors of SACE SpA today examined the quarterly report as at 31 March 2012. The portfolio of operations insured at the end of March stood at € 33.4 billion, an increase of 6.3% compared with the same period in 2011, confirming the anti-cyclical role of SACE supporting Italian business throughout the world. Operations insured in the quarter showed a considerable increase (€ 1.6 billion, up 157%).
Financials
SACE -
27 March 2012
Today the SACE Board of Directors approved the SACE Parent Company draft financial statements and the Group consolidated financial statements at 31 December 2011.