Company Overview of SACE S.p.A.
SACE S.p.A. provides a range of insurance and financial products and services for various companies and banks in Italy and internationally. The company offers credit insurance products, including BT 360°, BT export development, confirmation of letters of credit, buyer credit, supplier credit, and civil works policies; surety bonds, such as guarantees for customs duties, tenders and contracts, and tax refunds; and factoring services comprising factoring without recourse, factoring with recourse, maturity factoring, reverse factoring, and trade finance. It also provides Sviluppo export fund, working capital financial guarantees, guarantee for the internationalization of SMEs, financial guarant...
Piazza Poli, 37/42
Rome, RM 00187
Key Executives for SACE S.p.A.
Chief Executive Officer and Director
Director of Corporate & Investment Finance
Chief Information Officer
Compensation as of Fiscal Year 2015.
SACE S.p.A. Key Developments
Technip, SACE and Midor Announce Agreement for the Alexandria Refinery
Jul 27 15
Technip Italy S.p.A. and SACE announced the finalization of a joint agreement with Middle East Oil Refinery for a project to modernize and expand the MIDOR refinery near Alexandria, Egypt in the frame of the long-standing cooperation between Italian and Egyptian Governments and companies, especially in the Oil and Gas sector. The investment has an estimated total value of USD 1.4 billion and aims at improving the production quality of the plant, considered the most advanced of the African continent, by increasing its refining capacity from 100,000 to 160,000 barrels of crude oil per day. SACE commits to launch the evaluation process in order to ensure an export credit facility to support the project. Technip will in parallel start the activities on the project. In due course, Technip will take responsibility for the EPC phase of the project.
SACE S.p.A. Presents at Mexico Trade & Export Finance Forum, May-28-2015 04:15 PM
Apr 16 15
SACE S.p.A. Presents at Mexico Trade & Export Finance Forum, May-28-2015 04:15 PM. Venue: Hyatt Regency, Mexico City, Mexico. Speakers: Flávio Bertolossi, Head of São Paulo Office - South America.
EuroChem and SACE Sign Memorandum of Understanding on Construction of Five Plants
Apr 10 15
EuroChem and SACE have signed a memorandum of understanding on construction of five plants to produce ammonia and urea over 10 years, in Russia, the U.S. and Kazakhstan. The enterprises will have combined capacity to produce 5 million tonnes of ammonia and EUR 7.5 million tonnes. The agreement provides for construction of an ammonia plant in Nevinnomyssk and a urea plant in Kingisepp, with the subsequent possibility of integrating urea capacities. Maire Tecnimont will be the EPC contractor for the project. It has already completed development of the FEED for the project in Nevinnomyssk and the ammonia plant in Kingisepp. Two other projects are planned in the U.S. state of Louisiana and in Zhanatas, Kazakhstan.
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