Scm Group: new 50 million funding from BEI to invest in research and development

Date: 28 July 2021

Photo source

www.cms.it

Date: 28 July 2021

Scm Group and the European Investment Bank (BEI) have signed a new unsecured credit line running for several years of 50 million Euro.

Scm Group and the European Investment Bank (BEI) have signed a new unsecured credit line running for several years of 50 million Euro aimed at funding 50% of the Italian Group's planned 100 million Euro investments in R&D in the coming four-year period 2021-2024.

"Innovation and digitalisation are the cornerstones for the current and future organic growth of our Group " explains Marco Macini, Managing director of the Scm Group, adding that "the consolidated relationship with BEI contributes, with this credit line, to speeding up the route already undertaken and further strengthening our financial structure".

The purpose of the investments planned by Scm Group is to develop products and services based on technological solutions that are even more effective, flexible and simpler for the end client to use and can guarantee production processes in line with new needs in smart manufacturing and 4.0 Industry to encourage greater sustainability in the use of resources.

600450

www.cms.it

2021-07-28T08:30:00

Scm Group: new 50 million funding from BEI to invest in research and development glassonweb.com

See more news about:

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

From left to right: Bernd Hillbrands (Forterro), Miriam Berzen and Lars Klaes (Klaes) and Marcus Pannier (Forterro), following the signing that brings Klaes and Forterro together.

Forterro acquires Klaes

Forterro announces the acquisition of Klaes, strengthening its presence in the European windows, doors, and façades software market.

FIT Show Strengthens International Sales with new German Representative

FIT Show expands its international reach with the appointment of a new German representative to boost overseas exhibitor participation for its 2027 edition.

Price Increase for Trosifol® PVB Interlayers and Mowital® Tech Resin

Kuraray announced a 10% price increase for its Trosifol® PVB interlayers and Mowital® Tech resin, effective for shipments on or after May 1, 2026.

Satinal goes live in Brazil: the new São Paulo hub now fully operational

Satinal is proud to announce that its new office and showroom in São Paulo, Brazil, is now officially open and ready to welcome customers.

First Glassman Latin America Speakers Announced

The first set of speakers for Glassman Latin America have been confirmed! Join us on May 20-21 at Expo Santa Fe Mexico as the industry leaders get transparent about the future of glass.

Modular automation for straight-line edging lines: three levels for every production need

Schiatti Angelo introduces a modular approach to automation, offering flexible solutions for straight-line edging that adapt to every production need.