Agribusiness: €10 mln to Pasta Berruto for the new production line
Intesa Sanpaolo has provided a €10 million loan to Pasta Berruto SpA for the purchase and installation of a new short pasta production line to reinforce its 2024/2028 investment plan.
The loan to Pasta Berruto SpA is one of the first operations of the Agribusiness Department to make use of SACE's Future Guarantee and is part of the "Your future is our business" programme, through which Intesa Sanpaolo is making €120 billion available to Italian companies, of which €20 billion is reserved for the agri-food sector in collaboration with the MASAF.
"One of the first transactions in the Agribusiness sector of financing with Sace's Future Guarantee in favour of Pasta Berruto, excellence in the production of high quality pasta. It is a testimony to how many companies have grasped the importance of investing in their competitiveness by relying on the strength of our Group and the opportunities offered by the existing incentive system.
Massimiliano Cattozzi, Head of Intesa Sanpaolo’s Agribusiness Department
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Last updated 22 August 2024 at 10:22:10
