A POOL OF BANKS SUPPORTING TR GROUP’S DEVELOPMENT PLAN
TR Group, a historic industrial company in Abruzzo and a leader in the subcontracting sector for plastic and metal semi-finished products, through its two subsidiaries TR Industrial and TR Manufacturing, has finalized several financing operations with the banking system for a total value of €20.5 million to support an investment plan that foresees a total of €30 million.
The banks supporting TR Group include Intesa Sanpaolo, Banca Popolare Pugliese, Banco BPM, BPER Banca, BdM Banca, and BNL BNP Paribas, based on an industrial plan for 2024-2026 which aims to achieve approximately €100 million in consolidated revenue by 2026, increasing human resources to 470 employees, with a positive impact on the region.
The financing granted to the Group’s companies was partially guaranteed by SACE, through the Garanzia Futuro and SACE Green products, and partially by the European Investment Fund (EIF).
As part of the financing agreements, ESG improvement objectives have been defined in line with EU taxonomy, which include, for example, an increase in the percentage of electricity consumption from renewable sources compared to the energy mix used to meet total consumption. Achieving these objectives will result in a reduction in the applied financing rate.
FROM TASSO TO TR GROUP: A PATH OF EVOLUTION
TR Group (formerly Tasso) was founded in the early 1990s in the Val di Sangro industrial area in Atessa (Chieti) by Engineer Mario Tasso, later joined by Roberto Ramondo, the current CEO of the Group.
Initially operating in thermoforming and hot plastic molding, the company gradually expanded its activities to sheet metal processing and painting to offer a wide range of solutions to its customers.
“The added value,” emphasizes CEO Roberto Ramondo, “lies in being a decisive partner for our clients, participating in engineering, design, and logistics.”
In a short time, TR Group has gained a strong market position, becoming a key supplier for leading players in various sectors, including automotive, furniture and design, production machinery, and earth-moving equipment.
The strength of TR Group, which defines itself as “an industry at the service of industry,” is its ability to work closely with customers, developing customized and turnkey solutions.
The consolidated revenues of the Group achieved in 2024, resulting from the activities described above, amount to nearly €64 million, in line with the previous year’s results, thanks also to the contribution of around 320 valuable employees and a highly skilled management team.
CEO ROBERTO RAMONDO: INNOVATION, SUSTAINABILITY, AND AUTOMATION AT THE HEART OF TR GROUP
“The company’s mission,” said CEO Roberto Ramondo, “is to endure over time. This sense of responsibility has always fueled my vision and that of the executives who, alongside me and often more than me, face significant challenges every day at the national and European level.
We are entrepreneurs deeply connected to our territory, working to protect its environment and enhance its future prestige. Sustainability has always been our guiding principle, shaping the development of our various technological areas.
From this perspective, the planned €30 million investments will focus on innovation, automation, and continuously improving the ESG sustainability profile. I am pleased to have found strong partners in the financial institutions that have supported us in realizing our project.”
WORDS FROM THE FOUNDER, ENGINEER MARIO TASSO
“Being here today,” added Mario Tasso, Founder and CEO of the Group, “to share this new chapter of TR Group is a source of great pride and satisfaction.
The company’s expansion is the result of the dedication and hard work of all the people who are part of this group: employees, managers, and my business partner Roberto. My sincerest thanks go to them, as well as to the customers who have placed their trust in us by entrusting us with increasingly important challenges.
I am also proud of our Group’s contribution to the region, creating opportunities for young professionals and increasing female participation in our workforce.
A heartfelt thank you goes to the banking system, which has believed in our ambitious project, supporting us with determination in realizing this development and innovation plan for TR Group. Their trust has been a crucial incentive for us to continue on this path.
I would also like to express my gratitude to Studio D’Incecco in Pescara for their professional support and dedication in structuring and managing such a vital plan for our future.
This growth plan represents an opportunity for us to strengthen our core values. TR Group continues to integrate environmental protection, social responsibility, respect for people, and transparency in all its actions.
We firmly believe that our development must go hand in hand with responsibility toward the environment and the community, recognizing that these principles not only guide our present but also define our future.
It is this vision that allows us to face challenges with confidence and determination.”
THE BANKING SYSTEM /1: ROBERTO GABRIELLI, REGIONAL DIRECTOR FOR LAZIO AND ABRUZZO AT INTESA SANPAOLO
Roberto Gabrielli, Regional Director for Lazio and Abruzzo at Intesa Sanpaolo, commented:
“We are proud to support TR Group’s development projects. Our role is to activate all financial resources and tools necessary to accompany investment choices and enable our companies to seize the opportunities of the green and digital transition, an essential process for competing in an increasingly international market.
THE BANKING SYSTEM /2: MAURO BUSCICCHIO, GENERAL DIRECTOR OF BANCA POPOLARE PUGLIESE
Mauro Buscicchio, General Director of Banca Popolare Pugliese, stated:
“Sustainability and environmental protection are and will remain the cornerstones of our territorial support strategies.
STUDIO D’INCECCO, EXCLUSIVE FINANCIAL ADVISOR FOR THE TRANSACTION
Studio D’Incecco, Chartered Accountants in Pescara, with a team led by Alfredo D’Incecco and supported by Group CFO Alfredo D’Angelo, served as the exclusive financial advisor to TR Group.
The firm assisted in drafting the 2024-2026 Industrial Plan, securing financial sources, and negotiating credit lines to support the investment program.
Source: www.abruzzomagazine.it