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Bologna, 18th December 2015 – Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. (“Datalogic”) and a global leader in Automatic Data Capture and Industrial Automation markets, and world-class producer of bar code readers, mobile computers, sensors for detection, measurement and safety, vision systems and laser marking equipment, has signed a financing contract with the European Investment Bank (EIB) for a five-year amortising loan worth a total of 30 million Euro.
The loan was granted to Datalogic following the positive outcome of the economic and technical appraisal conducted by the EIB, which confirmed the validity and strategic nature of the current projects. It will be used to support the Group’s investment, research and development activities and technological innovation.
The EIB supports the European Union’s targets by providing long-term funding for specific investment projects, thereby contributing to greater integration and socio-economic cohesion among member states. Specifically, it plays a fundamental role in technological development, providing loans under favourable conditions for sound and sustainable investment projects in research.
The Chairman and CEO of the Datalogic Group, Romano Volta commented: “We are very pleased with the confidence that the EIB has placed in us; by granting this financing under favourable conditions, the EIB has shown that it believes in our development projects, and above all in the validity of our research activities. Given that the EIB invests in carefully selected initiatives with highly selective criteria, we are proud to have been chosen as a recipient of its funds. Our growth is driven by our proximity to our clients and our focus on their needs, with technological innovation representing a major drive for future development”.