Pordenone, May 7, 2024 – The Shareholders’ Meeting of Finest S.p.A. today approved the 2024 financial statements, recording a profit of €915,000. For over thirty years, Finest has supported Triveneto businesses in their internationalization journey, completing 11 foreign investment operations in 2024 worth a total of €24.6 million and approving 9 new projects that will mobilize over €28 million in resources. As of December 31, 2024, Finest’s net investment portfolio stands at €96 million, supporting 60 partner companies.O

n the occasion of the financial statements’ approval, Alessandro Minon, President of Finest S.p.A., stated: “2024 was a year of positive results and consolidation amid a particularly complex global economic and geopolitical landscape. The company pursued prudent management, achieving a 156% increase in investments compared to the previous year. This growth reflects not only new operations but also the successful completion of investments delayed in the prior year. Finest has continued to provide unwavering support for the internationalization of Triveneto businesses in 2024, generating a profit of approximately €1 million for the benefit of our shareholders.”

These results align with profound transformations in internationalization trends. From the expansive globalization of the early 1990s, when Finest was established, a shift toward greater regionalization of value chains is emerging, with businesses prioritizing market strategies to ensure supply chain security and control. Investments by Finest’s partner companies reflect this trend: Romania remains a key market for Northeast Italy, with over €10 million invested; France, with €7 million invested in 2024 and a total portfolio exceeding €20 million, is the primary market; positive outcomes were also recorded in the Balkans, particularly Serbia and Slovenia, and in Central-Eastern Europe, notably Poland and the Czech Republic, while a promising dynamic is emerging in North Africa, especially Tunisia.

President Minon concluded: “These results mark a historic milestone, achieved despite the constraints of Law 19/91, which, though partially revised in 2014, could not have anticipated the current geopolitical and economic landscape at the time of its enactment in the early 1990s. A potential regulatory revision could enable Finest to remain a key driver of growth for Triveneto businesses in an increasingly complex global environment.”

Since its inception, Finest has surpassed €460 million in total investments across 678 operations, acting as both a shareholder and financier alongside regional companies. The most internationalized sectors supported by Finest include plastics, mechanics/electromechanics, and construction (approximately 11% each), wood/furniture and agri-food (10%), metallurgy (9%), utilities, and textiles/apparel (6%). Thanks to Finest’s minority investment leverage, the total internationalization investments by partner companies have exceeded €2.3 billion.