Italian ice cream producers are turning their sights on the lucrative market in Saudi Arabia.
The Sace agency has insured for some 560,000 euros the supply in Saudi Arabia of a plant for the production of ice cream to be carried out by the Italian company Technogel, a firm from Grassobbio in Bergamo province that is a world leader in ice cream producing machinery, the company said.
Thanks to this scheme Technogel obtains a foothold in Saudi Arabia, one of the countries with the most potential for Italian exports.
Sace predicts an increase of 4.3% annually on average of exports in the mechanical instruments sector.
Technogel has been in business since as long ago as 1955 in more than 60 countries, exporting innovative solutions to the needs of small artisanal producers and medium or large scale industrial producers.
In six years of partnership with Sace, the company has exported its machinery to Perù, Uruguay, Argentina, Mexico and Brasil in business together worth more than 3 million euros.
"Sace has been a good partner that allowed us to propose financial solutions to our customers at competitive costs, reducing credit risks," said Roberto Rossi, managing director of Technogel.
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