Categories

Intercos Secures €60 Million Loan for Research, Innovation, and Sustainability

Yesterday, Cassa Depositi e Prestiti (CDP) has announced that it granted 60 million euros to Intercos for research, innovation, and sustainability. The investment aims to support the digital transition, innovation, and environmental sustainability by establishing a new cosmetics production hub, a scientific center, and a photovoltaic plant. This funding will be directed towards creating a new industrial complex dedicated to makeup in the municipalities of Agrate Brianza and Caponago.

The project will focus on two main areas: Research and Innovation and Environment and Energy. According to Intercos, it will create a cosmetic hub that will enhance research and development activities, establish a new scientific center to boost laboratory activities, and develop a highly digitalized production facility with innovative processes. It will also install a photovoltaic plant to make the new facility extremely energy efficient.

With CDP’s support, these investments will allow Intercos to maintain its current quality levels and further increase its competitiveness in the global market. The project is also expected to have significant employment impacts by directly hiring new staff for the production site, the new research and development department, and the scientific hub. This initiative contributes to the achievement of the eighth goal of the United Nations’ 2030 Agenda for Sustainable Development and aligns with CDP’s Strategic Sector Guidelines.

Facebook
Twitter
LinkedIn
Pinterest

Leave a Reply

Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.

 

Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Discover more from chaileedo

Subscribe now to keep reading and get access to the full archive.

Continue reading

Subscribe Now

Be the first to know about our latest news and market analysis. Sign up now to get all the beauty news you need!

Subscribe Yearly Member to Read More