Antares Vision S p A : PR - AV BNL positive loan - 2 june 2020
08/06/2020 | 04:44am EDT
BNL GRUPPO BNP PARIBAS AND ANTARES VISION:
2 MILLION EURO TO FINANCE INVESTMENTS IN "SUSTAINABILITY"
The Bank has arranged a positive loan for the Italian multinational, technology provider and world leader in
inspection, traceability and smart data management systems to protect products and people
The terms of the BNL loan become more competitive upon reaching sustainability objectives. The Bank continues
supporting Italian companies especially at this difficult time for the country's economic and production fabric.
Rome, 2 June 2020.BNL BNP Paribas group has arranged a 2 million Euro "positive loan" for Antares Vision, international leader in the production and marketing of solutions in inspection, Track & Trace and Smart Data Management systems. BNL's "positive loan" entails conditions that further improve for the company upon reaching stated sustainability objectives.
The support provided by BNL to a company like Antares Vision - which invests in technology, innovation, human resources and is active in protecting the environment - wholly falls under the Bank's commitment towards valuable production companies in Italy. What is more, the presence of this multinational in the Brescia region, an area that was hit so hard by the Covid-19 health emergency, makes BNL's action even more poignant, in the hope of being able to provide economic and financial aid that is as tangible and as useful as possible.
In the field of environmental sustainability, Antares Vision aims at greater efficiencies in the use of energy for its production facilities and a growing use of renewables. Furthermore, sorted waste collection will be strengthened by implementing a dedicated platform and the company's practices for waste collection in the offices will be improved. All that will be complemented by the "paperless" campaign, which will start being implemented with manuals and documents, to be converted into digital form. On matters of social sustainability, Antares Vision will continue hiring under 30s on permanent contracts, thus assisting their entry into the world of work also through training and the development of individual and team work skills. In addition to that, considering the experience gained during the Covid19 emergency, Remote Working will be activated on a continuous basis, and will involve about one hundred people in the Travagliato premises. Finally, the Company welfare project will continue, with a dedicated platform, to include initiatives promoting thewell-beingand quality of life of employees and their families.
Since the company's foundation, innovation has been its corporate value and the decision to let sustainability, in the environmental, economic and social fields, be the beacon of the company's activities is part of a medium-long term strategy. Consistently with the corporate mission, Antares Vision contributes through technology to guaranteeing the transparency of information through the whole supply chain, for the safety of people and every product. As a matter of fact, the Italian multinational has always been active in the protection of the environment through green campaigns for the reduction of plastic use of (it has joined the #iosonoambiente campaign, I am environment, promoted by the Ministry of the Environment) and to the support of its region, through grants to support cultural initiatives and to protect the local historical and artistic heritage.
BNL is the partner of small, medium and large enterprises and their respective production chains in their day-today needs, as well as supporting their growth in Italy and on international markets, thanks to the expertise of the BNP Paribas Group which, with its specialists, has a direct presence in 72 countries in the world. The Bank also supports entrepreneurs on matters of sustainability, to help them combine growth with respect for the environment, society at large and for a healthy and considerate real economy. BNL is in fact arranging several "positive loans" to enterprises, to feed a virtuous circle in terms of supporting sustainable industrial production, in line with the #PositiveBanking strategy of BNL and BNP Paribas which, through business, aims at generating a positive impact for a better future, with a focus especially on the new generations.
To date, BNP Paribas has allocated over 180 billion Euro in projects that directly contribute to achieving the 17 UN Sustainable Development Goals. Moreover, since 2016 the Group has been a partner of the "World Bank" in issuing "Bonds for Sustainable Development" and is a leader, in Europe, in "Green Bonds". BNP Paribas has also committed to funding renewable energies with a new target of 18 billion € in 2021 and has recently undertaken new restrictive commitments in financing coal, aiming at total divestment in 2030 in EU countries and in 2040 in the whole world. Already, the Group no longer finances companies in the extraction and marketing of shale oil, shale gas and oil from the Arctic, as well as those active in the tobacco business.
BNL, with over 100 years in business, is one of the main Italian banking groups and among the most reputed brands in Italy, and has a presence throughout the country with its Branches, Private Banking Centres, "Creo BNL for Entrepreneurs" Enterprise Centres, Corporate Banking and Public Administration Centres. BNL offers a wide range of solutions, products and services, from the most traditional to the most innovative ones, to meet the manifold needs of clients (private clients and families, enterprises, agencies and institutions). Since 2006 BNL has been part of the BNP Paribas Group, present in 72 countries with over 200,000 employees, approximately 155,000 of whom in Europe where it has four home markets: Belgium, France, Italy and Luxembourg. BNP Paribas holds key positions in two large sectors: Retail Banking & Services and Corporate & Institutional Banking. BNL is especially engaged, like the whole BNP Paribas Group, on the issue of economic, social and environmental sustainability; a #positivebanking strategy, which summarises the Bank's ambition to generate, through its business, a positive impact on clients, employees and the community at large, contributing to a more sustainable future.
Media Relations: Maurizio Cassese
ANTARES VISION. Since 2019, a company listed on AIM Italia through a business combination with ALP.I, a SPAC promoted by Mediobanca, Antares Vision guarantees the protection of products during their life cycle through inspection systems for quality control, tracking solutions to fight counterfeiting and control of the supply chain, smart data management for production efficiency and consumer engagement, in all the most demanding industrial sectors, from pharmaceuticals to biomedical devices, from food and beverage to cosmetics and fashion. Antares Vision has a presence in over 60 countries worldwide with comprehensive and flexible hardware and software solutions, and related services: it has 4 offices in Italy (Brescia, Parma, Piacenza and Latina), 12 foreign branches (Ireland, Germany , France , USA , Brazil , India, Russia and Hong Kong), 2 Innovation and Research centres (Italy and Ireland), as well as a network of over 30 partners worldwide. With 20 years of experience in vision technologies, Antares Vision supplies 10 of the world's 20 leading pharmaceutical companies: over 25,000 inspection systems assure the product's safety and quality each day, while 6,500 inspection tests and over 3,500 serialisation lines installed all over the world guarantee the traceability of over 5 billion products throughout the entire distribution chain. With the aim to continue supporting its growth and development strategy, in 2019 shareholding agreements were perfected with T2 Software, a Brazilian company specialising in smart data management solutions, and Orobix, Italian leader in artificial intelligence services, in addition to acquiring 100% of FT System, a leader in checks and inspection in the beverage sector. What is more, in April 2020 Antares Vision finalised an agreement for acquiring 82.83% of Tradeticity, a Croatian company specialising in software management of advances traceability processes. In 2019, Emidio Zorzella and Massimo Bonardi were awarded the Ernst & Young Entrepreneur of the Year Award for Innovation. www.antaresvision.com
Antares Vision S.p.A. published this content on 05 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 08:43:11 UTC