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 - 16 March 2011
SACE has backed € 500 million of the loan for the second phase of the Nord Stream project, in which the Italian firm Saipem has been awarded the contract to design and lay the second submarine gas pipeline linking Russia and Germany via the Baltic Sea.
Deals & Products SACE - 02 March 2011
SACE has secured a US$ 300 million long-term financing granted to the Brazilian company Vale S.A., the world’s largest producer of iron ore and iron ore pellets and the world’s second largest producer of nickel. Vale also produce manganese, ferroalloys, thermal and coking coal, bauxite, alumina, copper, cobalt, platinum group metals, and fertilizer nutrients.
Financials SACE - 18 February 2011
Sace continues to be fully operational in all markets with high growth potential despite marked instability; insurance conditions for North Africa remain unchanged but the region is "under observation". The number of countries where SACE can offer insurance cover has risen from 181 to 183, with a more flexible approach in 19 Sub-Saharan countries.
Deals & Products SACE - 03 February 2011
SACE has issued guarantees for the construction of three solar power plants in the municipalities of Soleto and Martano, managed by Holding Fotovoltaica.
Deals & Products SACE - 01 February 2011
SACE has secured a USD 435 million loan provided by HSBC to Saudi Basic Industries Corporation (SABIC), a leading player in the petrochemical sector, for the expansion project of Hadeed in Jubail Industrial City (Saudi Arabia).

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