Impact Investing
UniCredit Gives 15 Million to Dumarey Flowmotion Technologies with Future Guarantee from SACE
UniCredit granted Dumarey Flowmotion Technologies €15M in loans, 70% backed by SACE’s Future Guarantee, to boost production of innovative injectors and hydrogen engine systems. The financing supports sustainability goals: improved corporate welfare and a published sustainability report. Dumarey focuses on future mobility, advancing eco-friendly automotive technologies and strengthening its global competitiveness.
UniCredit supports the sustainable development plans of Dumarey Flowmotion Technologies, a Pisan company that stands out in the automotive and two-wheel propulsion supply chain, part of the Belgian Dumarey group since 2023, active in propulsion solutions for the automotive industry, with which it is committed to the development of injectors for internal combustion engines that do not use fossil fuels, therefore without CO2 emissions.
The bank has finalized a credit operation for the company for a total of 15 million euros, 70% backed by SACE ‘s Future Guarantee. These are two Futuro Sociale loans, for 10 and 5 million euros, a solution designed by UniCredit for Italian SMEs with a turnover of over 2 million euros determined to improve their social profile.
Dumarey is strongly oriented towards the mobility of the future
The financing is tied to the achievement of two objectives that Dumarey undertakes to achieve within 3 years: implementing corporate welfare initiatives for its employees and drafting a sustainability report to be published on its website.
“With this operation we are increasing our capacity of latest-generation injectors, acquiring a line destined for the Chinese market, and at the same time we continue to develop new systems for the dosing of non-fossil fuels for internal combustion engines,” said Riccardo Toncelli , CEO Dumarey Flowmotion Technologies. “The increase in production capacity together with the support in research and development are essential to ensure the growth of our company.”
Dumarey Flowmotion Technologies is a company active in the research, design and production of injection systems for gasoline engines and diesel after-treatment. The company is strongly oriented towards the mobility of the future, thanks to the development of innovative and environmentally sustainable technologies, such as injectors for hydrogen engines and synthetic fuels (e-fuel).
“With this operation, we are supporting the sustainable growth plans of a major player in the automotive supply chain that, from its headquarters in Pisa, stands out in the world for its innovative projects, focused on transition and an increasingly competitive positioning,” said Andrea Burchi, Regional Manager Centro Nord UniCredit.
“The new liquidity provided will also support the company in improving its social profile: a confirmation of our commitment alongside local production companies determined to optimize their business by achieving all the objectives included in the ESG verticals. Facilitating the transition to a sustainable economy is, in fact, an integral part of our way of banking. Thanks to the strength of our network, the specialized skills of our team and customized solutions, we act as a reference partner for companies, providing them with concrete levers for development.”
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(Featured image by Harley-Davidson via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us
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