Foreword
Founded in the late 1970s, it now employs a total of about 600 people on a 40,000 square meter industrial plant space in northeastern Italy. Turnover in 2022 was over 100 mln euros, confirming higher than expected growth, despite the aftermath of the COVID pandemic, threats of war and rising global commodity prices.
In order to qualify for funding from the PNRR-National Recovery and Resilience Plan (a program by which the government manages Next Generation Eu funds)-the Client needed to produce a sworn technical-estimative report confirming the consistency and veracity between productivity and exploitation data with planned investments.
The report was integrated into the industrial development contract proposal (pursuant to Art. 9 of the Decree of the Minister of Economic Development of 09.12.2014 and ss.mm. ii.) based on the requirements of INVITALIA for access to funds.
Project
The sworn technical-estimative report was carried out by proceeding in steps:
- initial analysis of the investment project at the macro level, to frame the type of products to be produced and consequently the type of investment to be employed;
- detailed analysis of the planned investments, to arrive at a precise definition of the machinery and equipment needed for production;
- analysis of plant production capacities, to be able to define quantities by type in extreme detail.
The initial analysis, based on the data defined in the business plan declared by the Client and set out in the Development Agreement Proposal, was used to understand the project and to certify that the plant, machinery, equipment and minor assets required for operational and clerical functions were consistent with those of expected productivity and utilization, taking into account the relative performance characteristics and the degree of automation of the production cycle.
This is to understand how to translate the projected revenues from the business plan into actual assets used for production.
Thus, evaluations were based not only on direct comparison with the company’s technical functions but also on the specific technical data of the machinery, with the aim of identifying the quantity of assets needed to achieve the volumes required by the business plan approved by the company’s Board of Directors.
The estimation work was carried out in cooperation with the auditing firms.
Results
The report was delivered and integrated into the Proposed Industrial Development Agreement submitted by the auditing firm in order to access funding provided by the government.
To define the real asset requirements, the chosen approach was based on the economic data and objectives set by the Client. The activity was carried out with a teamwork of technical figures, for quantitative and qualitative definition, and professionals from different backgrounds, who together collaborated to identify shared and real solutions to achieve the objective.
