Transaction details

Ethica Debt Advisory advised System S.p.A. in structuring a financing directly provided by European Investment Bank and guaranteed by SACE

Ethica Debt Advisory advised System S.p.A., Italian company specialized in the automation for ceramic industry and in packaging, logistics, infra-logistics and electronics sectors, in arranging a financing directly provided by European Investment Bank and guaranteed by SACE

The financing is intended to support new R&D investments in Italy until 2018, with a special focus on new tech applications for the identification of innovative production processes.

Franco Stefani, System’s Chairman and founder, said: “This loan is a very important sign of recognition and demonstrates the high quality standards of our firm’s research projects. We believe in the significance of innovation and in the development of knowledge as a key factor of distinction and growth. Opening up to the world, going beyond the sectorial boundaries connecting high technology and human heritage, these are the principles upon which we have built our value added and upon which we will continue to focus. Each year we invest around 5% of our benchmark turnover in research and development activities and we have more than 200 patents, confirming our strong commitment to innovation – a cornerstone of our manufacturing activity that has made us a major international player in industrial automation”.