Members
Meet our members
HQ office : Rome, Italy
ADDRESS : Corso Vittorio Emanuele II, 323,
00186 Rome
WEBSITE : http://www.simest.it
SIMESTItaly
Società Italiana per le Imprese all'Estero is co-sharing CDP Development Finance division's membership in EDFI.
SIMEST – the Italian Development Finance Institution – was established in 1991 and joined EDFI in 1995. SIMEST is a Joint Stock Company (SpA) and is controlled by the publicly owned Cassa depositi e prestiti Group (CDP) - the Italian National Promotional Institution. The remaining shareholders include banks and trade associations. SIMEST was set up to promote foreign direct investment by Italian companies and to provide technical and financial support for investment projects. An Italian partner is required for SIMEST participation.
Member's websiteRegion
Sector
Key Figures
Key numbers (end of 2021)
Investments
€36 million
in new annual commitments to 12 projects
€338 million
in total portfolio of 132 projects
Other fund management
SIMEST manages the Venture Capital Fund, an instrument which was launched in 2004 by the Italian Ministry of Economic Development.
Financial instruments
100%
equity and quasi equity
Investment focus
SIMEST can invest in all countries. SIMEST can invest in all sectors, mainly focusing on manufacturing.
Staff
171
employees
Ministry in charge
Ministry of Economy and Finance (indirect controlling shareholder through the parent Company CDP)
Ministry of Foreign Affairs and International Cooperation