SIAP

Ethica Group assisted SIAP (Carraro Group) in obtaining non-repayable benefits from the Ministry of Business and Made in Italy

Ethica Group, with the Debt Advisory team, assisted SIAP in obtaining non-repayable benefits from the Ministry of Business and Made in Italy. The company, part of the Carraro Group, an international group leader in transmission systems for off-highway vehicles and specialized tractors, represents the center of excellence in components for transmission systems.

The benefits were granted by the Ministry of Business and Made in Italy under the Development Contracts Measure – Automotive desk. The project presented is aimed at the construction of a new production plant starting from a disused structure, located in Montereale Valcellina (PN).