Tirana, 7th October 2022 - Intesa Sanpaolo Group signed the agreement of 2.7m euros with the D'Auria Printing Group in July 2022. Through this agreement, the group contributes to the development of internationalization effectiveness for the clients.
D'Auria Group, based in Ascoli Piceno, operates in the sector of printing for leaflets, advertising and packaging materials, traditional publications and shopping bags. The group has reputable clients in the wholesale sector such as, Conad, Acqua and Sapone, in the fashion sector, Ferragamo, Luisa Spagnoli, packaging and publishing, Buffetti, Il Sole 24 Ore.
The internationalization process of the D'Auria Group began back in 2017, through the establishment of D-Print Europe, a subsidiary based in Albania that operates mainly in the luxury packaging sector. At that time, the group became part of the Albanian market with the consulting support of the Business Strategy team of "ISP Enterprise Internationalization Development".
During 2022, thanks to the cooperation between the leaders of the D'Auria group and the Bank's various structures such as the Business Division, the Internationalization Specialist, the GTB Specialist and the Multinational Desk of Intesa Sanpaolo Bank Albania, it was provided financing for 2.7 million euros for a project divided into two important instalments.
The first instalment of the project is a "Sace Green" loan of €700,000 for a total investment costing the company €800,000 for the installation of a photovoltaic system for self-consumption. This project is in line with environmental and social (ESG) principles, and contributes to the transition to the renewable sources of energy. The latter affects the reduction of costs for business in the current economic conditions.
Ermenita Hasarani, Director of Multinational Corporations Department, Intesa Sanpaolo Bank Albania stated that: " Intesa Sanpaolo always confirms to be a valuable partner for the expansion abroad of foreign companies and is a leader in supporting green economy projects in accordance with environmental and social (ESG) principles."
The second instalment of the project in the amount of 2 million euros consists in improving the production site of the Albanian subsidiary. The investment plan that will be financed with about 3 million euros for the two-year period 2021-2022 and already paid for over 900 thousand euros, provides for the purchase of machines and equipment for the production of packaging and shopping bags. This investment plan follows the trend involving various European companies, with the aim of reducing supply chain links, by buying in Europe what was previously bought in China. The "Albania" project is the first case of cooperation between Intesa Sanpaolo and SACE in the field of internationalization (as a guarantee of an operation allocated to a foreign ISP network).