Amplifon he got a financing of 300 million laid down by the The , the European Investment Bank, out of 350 million approved complexes. The resources are intended "to further accelerate the path of innovation and digitization", explains the company operating in hearing services and solutions in a note.
The loan signed in Milan by the EIB Vice-President Jasmine Vigliotti and by the managing director of Amplifon Henry Life, “will contribute to further innovate the products and services offered by Amplifon, guaranteeing an excellent and completely personalized audiological experience through the activation of an entire ecosystem around the customer, in which the quantity and quality of data that the company owns and the technologies digital play a key role”.
Financing
In detail, the 300 million will be invested over four years, by 2023 to 2026. The disbursement could be in several tranches over the next two and the repayment period will be 9 years starting from each disbursement, "at more favorable conditions than the current market ones", according to Amplifon's note. Investments will mainly be made in Italy, ma anche in Spain, French, Germany and in other EU countries. The implementation of the project will ensure the creation of new jobs, contributing to economic growth in the countries involved.
The comments of Vigliotti and Vita
“By financing Amplifon – he declared Villiotti – the EIB demonstrates its closeness to an Italian company that is a world leader in its sector, helping to improve the lives of people with hearing problems and promote their social inclusion. Thanks to investments in research, innovation and digitization, Amplifon will further improve its competitiveness on a global level in order to offer the best hearing care and increasingly tailored services for its customers."
“Our ability to innovate is a key element of Amplifon's global leadership – he commented C.V. –. The support received from the EIB confirms the solidity of our path of innovation and digital transformation, which started from Italy and the European Union. We are dedicating increasing time and resources to the development of new technologies and the virtuous use of data to offer those who turn to us an increasingly personalized audiological experience, to the benefit of people's quality of life. This loan will also allow us to further optimize the financial structure, both in terms of the cost of funding and the extension of the average duration of the debt."
