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 website

Region

Sector

Key numbers (end of 2022)

Investments

€57 million

in new annual commitments to 12 projects

€331 million

in total portfolio of 118 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

212

employees

Ministry in charge

Ministry of Economy and Finance (indirect controlling shareholder through the parent Company CDP)

Ministry of Foreign Affairs and International Cooperation