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Movipack #02

presented by October Italy

€100,000

6.7%

36 months

C

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location

Location

Sarnico, Italy

activity

Activity

Industry

Presentation of the company

Created in 2012, Movipack S.r.l. is active in the the production of industrial machines for packaging and handling and in the industrial gas distribution sector. The company, managed by Pasquale Carmine Faiella, has 6 employees and is based in Sarnico.

Mr. Pasquale Carmine Faiella, managing director, has overall 20 years of professional experience in the sector.

The company’s main activities are:

  • Design and production of industrial machines aimed at the robotization of industrial handling and packaging processes;
  • Distribution of industrial technical gas on behalf of Linde Gas.

The company operates with machines installed in Italy and in the rest of the world for the food packaging sector.

Project Description

The company requests 100 000 € with 3 months of deferred repayment to finance the participation in a trade fair taking place in September. This project will be realised this quarter.

As a reminder, the October lending community supported Movipack in July 2018 with 120 000 € to finance R&D costs and the registration of two patents.

This project is not covered by the Italian state guarantee.

The amount offered on the platform is limited to 49 000 €, which is in line with the regulatory limits.