Tuesday, 5 December 2017

SIMEST partners with Ansaldo for international expansion

SIMEST has acquired an 11% stake in Ansaldo Energia Switzerland, a wholly-owned subsidiary of the Italian engineering company Ansaldo Energia. Additionally, SIMEST has made an interest contribution against a €60 million ($71.2m) loan granted by UBI Banca, offering financial coverage for Ansaldo Energia Switzerland's capitalisation and investment plans.

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