The shareholder meeting of Finest
Spa today approved the financial statements for the year 2023 of
the financial company for the internationalization of Triveneto
businesses.
The figures show a positive result, with a profit of 38,000
euros, new investments amounting to 10 million on six foreign
operations, and another eight investments approved during the
year, totaling 18 million. As of December 31, the finance
company had a net portfolio of 98.04 million in outstanding
investments, benefiting more than 60 member companies.
"We close this fiscal year with a substantial break-even,
ensuring a profit, albeit a small one, and numbers that position
the company in a safe zone despite external turbulence," said
finance chairman Alessandro Minon.
"Certainly, we have been operating in a very complex
macroeconomic and geopolitical context - he added - where the
world economy is showing signs of a slowdown, and with it, trade
and foreign direct investment are slowing down, too."
In this fiscal year, the most significant investments
involved the Balkans, especially Serbia, which proved to be a
consistent and stable territory of attraction over time. Then
come France (21%), Hungary (13%) and Poland (6%). Among the most
internationalized sectors with the Finest support are the
plastics and mechanical/electromechanical industry (11%),
construction, wood/furniture and agribusiness (10%), metallurgy
(9%), utilities, and textiles/clothing (6%). Through the
flywheel effect related to Finest's minority intervention, the
total amount invested in internationalizing member companies
exceeded 2.3 billion euros.
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