Italy’s BDF Industries has recently exported its glass forming equipment to Guatemala.
Thanks to the insurance support of SACE, the Vicenza-based company has sold its machinery in Central America with protection against default risk
The operation with SACE, has enabled the company to offer its Guatemalan customer competitive payment conditions while insuring €2.4 million against default due to commercial and political reasons.
The support of SACE to Italian companies confirms a long-standing commitment, an essential aspect for companies in a highly competitive sector like glass, in which Italy boasts many areas of excellence.
Since 2008, BDF Industries has used the instruments provided by SACE on several occasions with the aim of supporting its growth plans in several high-potential markets for the export of capital machinery in Europe, Asia, and South America. The company is also a client of SIMEST, which has invested in the capital of two group companies.
“Being able to offer our customers convenient payment conditions makes our commercial offering more competitive," declared Andrea De Corinti, Accounting & Finance Team Leader of BDF Industries.
The origins of BDF Industries date back to 1906. The company specialises in the production of machinery for the glass industry. BDF designs and builds complete lines for producing glass containers, applied industrially by the most important players in the industry. The company operates around the globe and sells its products in more than 80 countries.