Sesto San Giovanni, 1st October 2020. In 2019, the Italian machine tool manufacturing industry ranked fourth among manufacturing countries and fourth also among exporting countries, overtaken by China that stole its historical third place. On the contrary, its fifth position in the ranking of consumer countries remained unchanged, as a confirmation of the importance of the Italian market in the…
In the first half of 2018, the export of automobiles assembled in Mexico grew by 10.5% compared to the same period last year, for a total increase in vehicle production equal to 6.4%. The data, published by AMIA (Asociacion Mexicana De La Industria Automotriz), does not take into account the activities of Japanese maker Nissan. The reason for the growth, explains AMIA's President Eduardo Solis,…
Euro Group is the world leader in the production and distribution of magnetic laminations for electric motors and generators for the most varied industrial applications: from automotive to domotics. The holding controls various manufacturing companies and divisions in several countries (Eurtranciatura, Alcast, Corrada, Euroslot, Saf, and others) and has 1,700 employees and a turnover of about €…
Italian photovoltaics supplier Fimer has sealed €9 million in financing from Sace and Deutsche Bank for the supply of conversion centres for two solar farms in Mexico.
Deutsche will issue two performance bonds worth US$4.3 million, which will be backed by Sace. The German bank will also issue a €5 million loan that will be used to finalise supply contracts.
Head of Milan branch at Sace,…
Mexico and Italy may formalize their relationship. Between these economies, there is a strong potential for development and complementarity.
"It is one of the major international players. We want Italian companies to become part of the Mexican production chain," said Oscar Camacho, head of the ProMéxico office in Milan.
In a seminar on investment possibilities in the Latin American country…
The opening of the energy sector in Mexico has generated the interest of the main companies in that sector in Italy.
This was acknowledged by Italian Prime Minister Enrico Letta, during his official visit to the country, after signing agreements to boost bilateral relations.
"The opening of the energy field is, without a doubt, one of the most important sectors of interest", said Letta after…