Support to SMEs: textile company

Italy’s Recovery and Resilience Plan support more than 4,000 SMEs in their internationalization and digitalization through the public agency SIMEST, with funds for a total amount of EUR 1.2 billion.

Manifattura Tessile di Nole SpA, a textile manufacturing company, is one of the beneficiaries of this investment of Italy's Recovery and Resilience Plan, and received support for its digital and ecological transition.

The investment allows the company to digitize its budget reporting and management process, to invest in cyber security and to upgrade its IT systems. The installation of photovoltaic panels and interventions to reduce energy consumption are ongoing.

More information is available here