Atessa (CH), January 28, 2025 – 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 Srl and TR Manufacturing Srl, has finalized multiple financing operations with the banking system for €20.5 million to support a total investment plan of €30 million.
The banks that have supported TR Group are 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 revenues by 2026, increasing human resources to around 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.
TR Group (formerly Tasso): A Story of Growth
TR Group (formerly Tasso) was founded in the early 1990s in the Val di Sangro industrial area in Atessa (CH) by Ing. 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 companies 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 €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 Core 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.”
Founder Mario Tasso’s Statement
“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 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.”
Statements from the Banking System
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.
To this end, we launched the ESG Abruzzo Lab in June in collaboration with the University of L’Aquila and the Chieti-Pescara Chamber of Commerce. This initiative promotes projects and actions supporting regional businesses in terms of environmental and social impact, linked to innovation. Among the active collaborations, TR Group stands out as a significant partner.”
Mauro Buscicchio, General Director of Banca Popolare Pugliese, stated:
“Sustainability and environmental protection are and will remain the cornerstones of our territorial support strategies.
We firmly believe in driving progress in our entrepreneurial system by promoting innovation, environmental responsibility, and the advancement of Southern Italy.
This is why we have decided to financially support TR Industrial Srl’s 2024-2026 industrial plan: we share the company’s ESG commitments, which are fundamental for implementing the UN’s 2030 Agenda.”
Luca Mazzini, Head of the Central-South Territorial Division at Banco BPM, added:
“We are proud to support forward-thinking companies like TR Group that prioritize sustainability.
We recently opened a Business Center in Abruzzo to be closer to local companies, aiming to be a trusted partner during growth phases and beyond.”
Cristiano Carrus, CEO of BdM Banca, stated:
“Through financing agreements such as this one with TR Industrial, BdM Banca aims to support the entrepreneurial fabric of Abruzzo, fostering innovation and business growth.”
Domenico Pompa, Central Area Director at BNL BNP Paribas, commented:
“This transaction strengthens our longstanding and productive relationship with TR Group.
We continue to support sustainability-focused clients like TR Group, helping them manage the transitions of our time, leveraging our national and international expertise.”
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.