ITALY: The Italian bank Banco BPM has agreed a five-year medium-term loan of €30m to support the growth of the Lu-Ve Group.
A significant sum of €18m will be aimed at supporting the company’s development plans focused on new environmental, social, governance programmes.
“Attention to sustainability has been one of Lu-Ve’s distinctive traits since its foundation. We continue to work in this direction, on a path of innovation and growth that interprets and respects the new environmental needs,” said Lu-Ve CEO Matteo Liberali. “We are delighted that Banco BPM has recognised our commitment to increasingly sustainable objectives, which have been and continue to be fundamental for the Group’s economic growth.”
The post Lu-Ve agrees €30m loan for growth appeared first on Cooling Post.
source https://www.coolingpost.com/world-news/lu-ve-agrees-e30m-loan-for-growth/
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