Finest
Subject to the direction and coordination of Friulia
Also known as Finest S.p.A., FIN.EST. S.p.A., Società Finanziaria di Promozione della Cooperazione Economica con i Paesi dell'Est Europeo
Public finance company (1991, Pordenone) taking minority stakes of up to 49% in foreign subsidiaries of north-east Italian companies; EUR 95M net portfolio in ~60 companies at end-2025.
Italian public finance company for internationalisation, based in Pordenone. Not to be confused with unrelated companies using the name Finest.
- HEADQUARTERS
- Pordenone, Italy
- FOUNDED
- 1991
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 1 people
Focus
- STAGES
- Growth
- SECTORS
- —
- ASSET MIX
- Direct investmentsPrivate credit
- GEOGRAPHY
- EuropeAfricaMiddle East
Overview
Finest S.p.A. was created in 1991 under law 19/1991 to promote economic cooperation with Eastern Europe, and since 2014 also covers Mediterranean countries, 44 countries in all. Its shareholders are Friulia, Veneto Sviluppo, the Autonomous Province of Trento, Simest and some banks, and it is under Friulia's direction and coordination. It takes minority stakes, usually up to 25% and exceptionally 49% for up to eight years, in foreign companies set up by firms from Friuli Venezia Giulia, Veneto and Trentino-Alto Adige, with buy-back terms agreed at entry, and adds direct loans and bond subscriptions. At end-2025 its net portfolio was EUR 95.08 million across about 60 partner companies; in 2025 it invested EUR 20 million in 10 deals.
Investment thesis
Minority, temporary stakes (up to 25%, exceptionally 49%; max 8 years) in foreign companies promoted by Triveneto firms in Central-Eastern Europe, the Balkans, CIS and Mediterranean countries, with pre-agreed buy-back by the Italian partner.
PORTFOLIO (5)
- AquafilCRO d.o.o. (Aquafil group, Croatia)Industrial & Manufacturing
- Eurovo Group (Poland operation)Food & Agriculture
- DBA IT d.o.o. (DBA Group, Slovenia)Software & SaaS
- Brazzale Moravia (Brazzale group, Czech Republic)Food & Agriculture
- Sirmax (Kutno plants, Poland)Industrial & Manufacturing · since 2016
People
- Luca Di BenedettoChairman · source
Links
Frequently asked questions
Finest is a government-backed fund based in Pordenone, Italy, founded in 1991.
Yes. Finest invests its own capital in private companies.
Finest invests at Growth stage.
Key people at Finest include Luca Di Benedetto (Chairman).
Finest's investments include AquafilCRO d.o.o. (Aquafil group, Croatia), Eurovo Group (Poland operation), DBA IT d.o.o. (DBA Group, Slovenia), Brazzale Moravia (Brazzale group, Czech Republic) and Sirmax (Kutno plants, Poland).
No. Finest invests its own capital and does not raise money from outside investors.