ROMA (ITALPRESS) – The Enpaia Foundation approves the Consumption Budget 2025 which closes with a surplus of 27.1 million euros, growing compared to that of 2024 (equal to 22.8 million euros). “This is the second most significant result in the history of the Foundation after the advance obtained in 2021,” says Enpaia President Giorgio Piazza in his report to the Cda that was held today in Verona. “This confirms – adds Piazza – the solidity of the management and the ability of our body to face with vision and responsibility the challenges of the economic context, guaranteeing value and protection to members.” “Enpaia intends to consolidate its role as an active actor of the transformation of the sector – the President of the Foundation concludes – supporting the competitiveness of enterprises and the quality of work.”
The advance of the 2025 financial year is mainly the result of the performance of financial management and real estate resigns, as well as an investment strategy and an organizational structure capable of facing an economic-financial context characterized by increasing uncertainty. In 2025 the Foundation made new financial investments for approximately 500 million euros and disinvestment for approximately 306 million euros, which generated a net yield of 3.21%, improving compared to 3,14% of 2024. Among the investments, the Foundation has strengthened the exhibition in Italian government bonds, corporate investment grade and OICR funds, while continuing support for the real economy and the agri-food sector, with investments in reality like Masi Agricola, BF and Granarolo.
The line of the Foundation in terms of investments, is increasingly oriented towards the real economy, with particular attention to the strategic sectors for the development of the agri-food sector: “We have intensified our commitment – explains General Manager Roberto Diacetti – towards investments that generate concrete value for the production system by supporting industrial and agricultural realities that can innovate and compete on international markets. This choice – says Diacetti – represents not only an opportunity for performance, but also a direct contribution to the growth and resilience of the Italian economy.” “In a context characterized by volatility and geopolitical uncertainty – the Enpaia DG continues – diversification and presence in the real economy allow us to strengthen portfolio stability, maintaining a balance between performance and risk control. We will continue to move in this direction – he concludes – consolidating a long-term strategy consistent with the mission of the Foundation”.
In this groove the investment in GranTerre S.p.A. is inserted, which previews the entrance of the Foundation in the social capital of the Modena group (1,7 billion turnover, approximately 3000 employees) with 10 million euros, corresponds to 2.2% of the share capital.
The total net performance of the Foundation is 3,81% (3,83% considering fair value), growing compared to 3,19% of 2024.
Improve the results of social security management. The estimated contributions amounted to 176.5 million euros, up 3% compared to 2024 (171.5 million euros), while the benefits provided amounted to 168.2 million euros (+5% compared to 160.6 million in 2024).
In 2025 there was also a strong improvement in real estate management: the yield grew from 3.50% of 2024 to 7.60%, thanks to the increase of resigns.
The capital gains from real estate yielded a significant increase: the total value of sales (institutional and commercial) realized in 2025 was almost 40 million (39.841.024.91 euros), generating overall net capital gains for 20.745.177.67 euros, compared to the 9.5 million of the previous year.
A result that confirms the effectiveness of the rationalization and diversification of portafoil started in recent years.
– photo printing office Enpaia-
(ITALPRESS).
