Intesa, agreement with Sistema Moda Italia to relaunch the sector – Economy

Intesa, agreement with Sistema Moda Italia to relaunch the sector – Economy
Intesa, agreement with Sistema Moda Italia to relaunch the sector – Economy

(ANSA) – MILAN, 07 JAN – Intesa Sanpaolo and Sistema Moda Italia have signed an agreement to support associated companies and the entire supply chain affected by the pandemic, in order to revitalize all segments of the value chain. The sector in Italy has over 400,000 employees and about 50,000 companies.

At the heart of the partnership are financial liquidity, acceleration of investments for Transition 4.0, sustainable growth and circular economy are at the center. The main purpose is to make the financial and consulting tools of Motor Italia, the strategic program of Intesa Sanpaolo activated in 2021 to allow small and medium-sized enterprises to relaunch themselves through development projects and new credit, accessible also to the audience of companies in this sector and achieve the objectives of the National Recovery and Resilience Plan.

The collaboration is part of the framework of the agreement between Intesa Sanpaolo and Confindustria, announced in the autumn, which makes 150 billion euros available to companies over three years to promote the development of the production system in line with the NRP and with the growth prospects of the country.

“The textile and fashion sector contributes to increasing the excellence of Italy all over the world”, says Stefano Barrese, head of the Banca dei Territori of Intesa Sanpaolo, about the agreement with Sistema Moda Italia.

“The agreement with Intesa Sanpaolo is certainly destined to provide companies in the sector with the liquidity and financial instruments necessary to successfully face the required investments”, says Sergio Tamborini, president of Sistema Moda Italia. (HANDLE).

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Intesa agreement Sistema Moda Italia relaunch sector Economy

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