08 Sep 2023

Morellato Group: 15 million Euros loan from Crédit Agricole Italia

Morellato Group: 15 million Euros from Crédit Agricole Italia to boost use of renewable energy sources.

The financing is intended to support the Company's production growth and the development of a stable and inclusive work environment.

"This new loan from Crédit Agricole will support Morellato Group's commitment to sustainability. A concrete commitment, which has led the Group to publish its second Sustainability Report with the desire to share best practices and actions put in place. From the important measures to reduce environmental impact, such as: the implementation of the photovoltaic system at the headquarters, the provision of LED lighting in all stores, the encouragement of recycling of metals and other raw materials in a circular economy perspective, the launch of entirely sustainable brands, to the activities dedicated to the growth and training of employees" - Cristina de' Stefani, CEO Finance & Corporate Affairs Morellato Group