COFIDES is backing Flordeasoka’s internationalization project in France. To this end, it has granted a €100,000 loan from the Small and Medium Enterprise Investment Operations Fund (FONPYME), which the company will use to finance the setup costs of its flagship store in Paris, including staff, rent, and other expenses. Since 2021, Flordeasoka has been present in France, one of Europe’s most significant footwear markets.
Miguel Ángel Ladero, COFIDES’ Corporate Investment Director, stated: “Flordeasoka’s evolution from a handcrafted brand to a company present in more than 15 countries reflects the dynamism and innovative capacity of Spanish SMEs. Through this financing, COFIDES aims to support the consolidation of its international expansion and strengthen the presence of Spanish design and production abroad.”
About Flordeasoka
Founded in 2018, Flordeasoka is an SME specializing in handcrafted footwear, particularly bridal and guest shoes. Its designs are conceived and manufactured in Spain, characterized by timelessness, comfort, and customization options. The brand has an international presence in 15 countries and employs 22 women.
About COFIDES
COFIDES is a state-owned company that manages public financial resources as well as funds from private and third-party institutions for various objectives: promoting the internationalization of the Spanish economy, attracting foreign investment to strategic sectors in Spain, supporting impact-driven economic initiatives in Spain, and contributing to the development of countries in which it invests. In addition to the Spanish State, which holds a majority stake, COFIDES’ shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell, and CAF – Development Bank of Latin America.
cloud technology axon
Addleshaw Goddard (AG), the London-headquartered international law fir...
