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Vimi Fasteners SpA ( (IT:VIM) ) has issued an announcement.
Vimi Fasteners S.p.A. has approved the signing of two lease contracts with Finregg S.p.A. for a photovoltaic plant and a factory in Novellara. This transaction, considered a ‘Major Significance’ Related Party Transaction, aligns with Vimi’s strategy to maintain production needs and maximize energy savings, reflecting its ongoing growth and commitment to sustainability.
The most recent analyst rating on (IT:VIM) stock is a Buy with a EUR2.75 price target. To see the full list of analyst forecasts on Vimi Fasteners SpA stock, see the IT:VIM Stock Forecast page.
More about Vimi Fasteners SpA
Vimi Fasteners S.p.A., based in Novellara, operates in the high-precision mechanics sector, specializing in the design and production of advanced fastening systems for industries such as automotive, industrial, oil & gas, and aerospace. The company collaborates with OEMs, Tier1, and distributors to develop customized solutions using special steels and superalloys, exporting its products globally.
Average Trading Volume: 9,662
Technical Sentiment Signal: Buy
Current Market Cap: €15.1M
For an in-depth examination of VIM stock, go to TipRanks’ Overview page.