To strengthen its structure, the Association for the Italian Chamber of Commerce - Mediterranean and Gulf Countries has deliberated the inclusion of qualified management to assist associated companies in the possibilities of increasing their market through targeted strategies that our experts will put in place.
The cooperation agreements with prestigious partners, both at the institutional and commercial level, as well as at the training level is the key to achieve the planned goals.
Comedit offers qualified consulting programs in the following fields:
Legal:
- International Trade Law
- Civil and Administrative Law
- Community law
- Corporate and Commercial Law
Financial advice to companies:
- Medium- and long-term financing
- Corporate financial restructuring
- Submission of projects aimed at applying for funding from the European Community
- Search for the most interesting and economically advantageous financial proposals in national and international markets
- Analysis and evaluation of business and planning feasibility plans
- Support in project start-up and/or business development
- Joint ventures with Italian and foreign companies
Comedit, with the main aim of giving ever greater support and backing to Italian companies intending to develop their business in the geographical areas of the Mediterranean and Gulf countries and other countries with which we have institutional relations, such as Vietnam, Serbia, etc., and with the exclusive intention of giving an ever greater impulse, in accordance with its institutional and statutory duties, to the enhancement of the know-how of Italian and European entrepreneurial realities towards emerging markets, has taken steps to activate and enhance a series of services, carried out through a network of agreements with accredited professional realities, with the following contents:
Financial restructuring:
Financial restructuring enables the identification of short, medium, and long-term financial needs; planning, monitoring, and managing to constantly secure the necessary resources.
Preparation of dedicated business plans:
The purpose of the business plan is to identify in advance the company's targets and the strategies to be implemented to achieve them. This plan, among other things, must be supported by adequate financial planning, where adequate means not only consistent with the plan, but also sustainable by lenders who see the company's ability to produce positive cash flows as a necessary condition for repayment of the money lent.
Preparation of ad hoc due diligence:
Due diligence is an accurate and thorough analysis of the financial and asset situation of a company.
The main purpose of due diligence is to analyse the financial and balance sheet status of a company in order to establish feasibility or critical elements in relation to operations of an extraordinary nature.
For a correct due diligence, the checking on the assets should be accompanied by the so-called fiscal due diligence, a fundamental operation to identify any elements of risk and critical issues not highlighted by the financial due diligence.
That said, due diligence, in its twofold guise as outlined above, represents the fundamental analysis that any investor and/or lender must carry out before acquiring an asset or taking an initiative aimed at acquiring a company share.
Financial management planning:
Planning financial management means verifying in advance the company's needs in relation to the scheduled business plan, identifying the best supply formulas and constantly monitoring the degree of financial (solvency) and monetary (liquidity) equilibrium, to maintain the right coverage of uses and investments and the necessary cash liquidity.
Programming levels:
Financial management must be considered from a strategic “medium/long-term” perspective and from a tactical “short-term” operational perspective.
MEDIUM LONG-TERM
It is a multi-year financial planning, from three to five years and more, with an annual analysis periodicity. It makes it possible to quantify the number of requirements necessary for the development of the business plan, to plan adequate financial coverage and to identify the most appropriate supply methods. Goals in brief:
- verify the financial needs of the company;
- planning the supply of resources and defining the structure of credit capital;
- defining control polices;
- analysing the profitability of investment initiatives to support the entrepreneur's decisions.
Funding request:
Comedit also set up a service that provides, through qualified and accredited professionals with many years of experience in the banking/credit field, the verification and, if necessary, the granting, by Italian and foreign credit institutions legally operating in Italy, of loans and/or the provision of credits in order to give greater economic consistency to member companies that intend to address the target markets.
INVESTMENTS & PARTNERSHIPS:
In addition to the already consolidated partnerships with Italian and foreign Institutions, a list of which can be found on the website www.ccomedit.com, a memorandum of understanding with INVITALIA S.p.A. is currently being finalised.
Invitalia S.p.A. was founded in 1999 as Sviluppo Italia S.p.A. following legislative decree No. 1 of 9 January 1999 decided by the D'Alema government (Reorganisation of promotion bodies and companies and establishment of Sviluppo Italia company), which provided for the merger of SPI, Itainvest (formerly Gepi), IG (Joint Stock Company for youth entrepreneurship), Insud (promotion and development of tourism and spa firms), Ribs (an operational tool of the Ministry of Agricultural, Food and Forestry Resources on agro-industrial sugar recovery), ENI-Sud, Finagra (promotion in the agro-food sector) into a single company to relaunch industrial development in southern Italy after the demise of the “Cassa del Mezzogiorno” (Southern Italy Development Funds). Since 2003, attracting foreign investment has also been part of its mission.
In accordance with a specific provision of the 2007 Finance Act, Invitalia is called upon to implement a plan for the reorganisation, divestment, and relaunch of the group, which on 23 July 2008 took the name Invitalia.
Activity:
Invitalia manages almost all State subsidies to enterprises and innovative start-ups and provides technical and operational support to the public administration, as to the Ministry of Economic Development, and ensures the implementation of programme agreements for EU-funded projects.
On the investment implementation side, from January 2013 to September 2014, they contributed, through development contracts, to the establishment of multinationals such as Rolls-Royce, Unilever, Vodafone, Enterra, Sasol and Bridgestone in Italy, activating foreign investments of approximately Euro 250 million, together with the Euro 166 million allocated by Invitalia. The aim is to promote innovation in the industrial system and foreign investment in Italy, through the enhancement and revitalisation of the potential of the territories.
Since 2014, they have also been involved in construction and the revitalisation of industrial areas in distress, sometimes through the takeover or acquisition of companies in difficulty.
Sviluppare una politica di internazionalizzazione richiede una profonda conoscenza del mercato in cui si intende operare, una conoscenza che non può essere indiretta, ma deve provenire dall'interno del substrato economico sociale del paese.
