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Export Plan. EUR 40 million reserve approved for micro and small enterprises affected by the Hormuz crisis

notizie Farnesina bandiere
notizie Farnesina bandiere

While ISTAT data for April once again confirm the strength of Italian exports to non-EU countries, with a +1.3% year-on-year increase, the Facilitation Committee chaired by the Ministry of Foreign Affairs and International Cooperation today approved a EUR 40 million reserve dedicated to micro and small enterprises.

The measure, included in the subsidised finance instrument “Energy for international competitiveness” managed by SIMEST under the resources of Fund 394/81, has been in force since 25 May and is intended to support Italian companies affected by rising energy costs or experiencing a decline in turnover as a result of the conflict in the Persian Gulf.

“April ISTAT data once again confirm the strength of Italian exports and the growing competitiveness of our companies worldwide.  This result demonstrates the quality, innovation and reliability of Made in Italy, which is increasingly appreciated in international markets.  We continue to support our entrepreneurs in global markets also through the additional instruments approved today,” said Minister Antonio Tajani.

During the meeting, ten equity investment operations worth EUR 45 million were approved under Fund 394/81, aimed at the acquisition of shares in foreign companies controlled by Italian enterprises. The measures approved will support the consolidation—predominantly in the US market—of Italian companies operating in sectors that are strategic for the national economy.

In terms of subsidised finance, the Committee approved 359 operations supporting the internationalisation of Italian companies, totalling EUR 185 million. The financing, managed by SIMEST, is intended for 352 companies and will support projects related to ecological and digital transition, participation in international fairs and events, entry into new markets, the hiring of temporary export managers and the opening of new e-commerce platforms.

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