Business & Finance
Brought to you by: Monaco Life
The Monaco Economic Board (MEB) has signed a cooperation agreement with the Italian Nice, Sophia-Antipolis, Côte d’Azur Chamber of Commerce at the Monaco Business fair, further strengthening their relationship.
MEB Executive Director General Guillaume Rose and Agostino Pesce, Director General of the Italian Nice, Sophia-Antipolis, Côte d’Azur Chamber of Commerce, formalised the coming together of the two at the Monaco Business fair on 6th Octoberat a ceremony attended by many key figures. Founded in 1997 and recognised by the Italian government and France, this Italian Chamber of Commerce offers a gateway to doing business in Italy by acting as a facilitator.
The two shared a stand to promote the agreement’s potential to local businesses. Key players in both countries’ economies complement each other which, along with close integration of Monaco’s economy in the region, plays a major role in its growth. Last year at the same event, MEB signed a similar agreement with Nice Côte d’Azur Chamber of Commerce andIndustry.
MEB and the Italian Chamber of Commerce were also partners at a conference on the theme ‘Italo-Monegasque business relations and opportunities’.
The agreement is another string to MEB’s bow in its relations with Italy, which also includes Monaco’s well established diplomatic and consular network and the Destination Monaco Ambassadors Club comprising captains of industry with strong links to the Principality, as well as Italian entrepreneurs and their representatives who are settled in the city-state.
In December, the MEB is organising a major business forum in Monaco in partnership with the Destination Monaco Ambassadors Club, providing member companies with more opportunities to grow their business with its big neighbour.
Photo: Guillaume Rose, MEB Executive Director General (right) and Agostino Pesce, Director General Italian Nice, Sophia-Antipolis, Côte d’Azur Chamber of Commerce (left) signing a cooperation agreement watched by (l-r) Laura Gaggero, City of Genoa Tourism Deputy; H.E. Mr Giulio Alaimo, Italy’s Ambassador to Monaco; Michel Dotta, MEB Chairman; François-Xavier Le Clerc from Monaco’s Business Development Agency. Photo by MEB/Carte Blanche. Written by Monaco Life with press release
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The Monaco Economic Board (MEB) has signed a cooperation agreement with the Italian Nice, Sophia-Antipolis, Côte d’Azur Chamber of Commerce at the Monaco Business fair.
Agricorp Invest SA, a unit of the Monaco-registered group Monaco Resources, has acquired a majority stake in the Macedonian mushroom and vegetable processing plant, Bonum, the company said.
Agricorp Invest S.A., via its wholly owned subsidiary Agri Food Invest Luxembourg, which operates and develops agricultural and food projects in Africa, Europe and Asia, said in a statement it “is pleased to announce a diversification of its portfolio by investing in Bonum, a company based in Skopje and near Kumanovo, in the Republic of Macedonia.” The value of the deal was not disclosed.
Commenting on the deal in a Facebook post, former prime minister and ruling party leader Nikola Gruevski, said the brownfield investment is planned to create 100 new jobs within a year. The plant will be reorganised and its production is expected to double as a result of the investment, he added. Monaco Resources, at 2, rue de la Lujerneta, has operations spanning mining, agribusiness, energy, logistics and financial services. (Source: seenews.com)