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Bianchi bicycles: €15m for a new sustainable manufacturing site

The image accompanying the News on financing to Bianchi portrays a cyclist on a Bianchi Specialissima racing bike engaged in a descent on the road in a mountain environment

Intesa Sanpaolo supports F.I.V.E. Bianchi's sustainable development plans with a loan of €15 million. Bianchi is an historical, prestigious company among the world's leading brands in the production of bicycles and e-bikes: at the centre of the investments of the company based in Treviglio (BG) is the creation of a new manufacturing hub.

The new production facility will feature technologically advanced production lines and energy autonomy and in addition to creating new jobs.

The deal is also part of a project of renewal and enhancement of the “Made in Italy” which, with Intesa Sanpaolo's support and collaboration, will allow Bianchi to bring back to Italy technical and productive skills that in recent decades have been transferred out of Europe.

The loan is part of the €1 billion in funding approved by Cassa Depositi e Prestiti to support Italian small- and medium-sized enterprises and benefits from the SACE Green Guarantee.

 

Photo credits: Olafpix

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