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BPER Banca to finance OMR Group, investments in Henan-based plant as well

November 08, 2021


Abstract : In order to keep its leading position in the automotive component sector, Officine Meccaniche Rezzatesi (OMR) signed a 25-million-euro financing agreement with BPER Banca

MILAN, Nov 8 (Class Editori) — The new 25-million-euro financing agreement signed by BPER Banca and Officine Meccaniche Rezzatesi (OMR) will concern investments in Huixian-based plant as well.

In fact, in 2021 the Group established a 60-million-euro investment plan which will involve both Italian and foreign plants, located in the US, Brazil and China, to create new production lines with new technologically advanced products, as explained in an official note.

“This operation witnesses our concrete focus on a company as OMR, which is a global excellence in its sector and keeps strong local roots,” Maurizio Veggio, Head of the Brescia Regional Directorate of BPER Banca, explained. “BPER’s collaboration and strategic support are consistent with the key national role assumed by the bank and are all the more important during the recovery phase, in which investment decisions on process and product innovation are crucial to setting up sustainable and long-term growth,” he added.

“OMR Group is pleased to confirm its partnership with BPER Banca to foster growth and competitiveness,” Chairman Marco Bonometti pointed out. “These investments will allow our Group to keep its leading position in the automotive components sector by supporting the industrial revolution that this area is undergoing. Global transformations that are affecting the industrial world must be faced with clear rules together with massive investments in machinery and skills in order to seize the opportunities presented by change. OMR Group intends to be ready for the challenges of the future”.

(Source:Class Editori)

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