(Tiper Stock Exchange) – Credit Agricole Italia with the support of SACE has dispensed a loan worth 10 million of Euro in favor of AMAa company specialized in the production and marketing of components for vehicles and machinery for the agribusiness, logistics and earthmoving sectors.
SACE intervened with the release of the Support Italy Guaranteethe instrument introduced by the Aid Decree to support the liquidity needs and investments of companies impacted by the Russian-Ukrainian conflict, 90% coverage of the loan value.
The financingwhich has a duration of 6 years, is aimed at support the growth strategy of the Ama Group,, through investments which will strengthen the capacity production and will expand the range of products.
AMA Spa, founded in 1967, with headquarters in San Martino in Rio (RE), designs and manufactures components and equipment for the preparation and maintenance of Off Highway Vehicles (OHV), agricultural and green care machinery, logistics machinery , earthmoving and special vehicles, as well as recreational vehicles, people transport and innovative construction. The
“The Crédit Agricole Group confirms its commitment to supporting the growth path of all those companies that wish to invest with a view to innovation, environmental protection and inclusive development of the territories in which they operate”, he explains Mark PerocchiHead of the Corporate Banking Department of Crédit Agricole Italia.
“One of the keys to AMA’s success is to continue to grow, evolve, considering each milestone achieved a step towards the future. The opportunities are many, some yet to be written,” he commented. Luciano MalavoltiAMA President.
“This operation consolidates our commitment alongside AMA, world leader in the production of machinery, which we have already supported with export operations, internationalization and Italian Guarantee”, declared Marcus MercuryRegional Director Center North of SACE.