Share

Sace: gross profit higher than expected

In 2014 the company insured export transactions and investments for 10,7 billion euros

Sace: gross profit higher than expected

Gross profit of 485 million, to Sace, controlled by Cassa depositi e prestiti (Cdp), which closed 2014 with a figure "higher than the objective of the industrial plan".

In the past year, the company insured export operations and investments destined for international development projects "for 10,7 billion euros, up 27% compared to 2013", explains a note.

The insured volumes concerned almost all the most representative sectors of Made in Italy. The note reads that "particular dynamism was recorded in emerging markets such as Latin America and Sub-Saharan Africa".

comments