Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Arkema’s Agiplast Advances Recycling Efforts with Over 15 Certified Polymer Grades

(IN BRIEF) Arkema’s Agiplast, a leader in high-performance thermoplastic recycling, expands its Virtucycle® program within the Arkema group by introducing over 15 certified grades. These grades are derived from specialty polyamides and PVDF, recycled at Agiplast’s state-of-the-art facility in Italy … Read the full press release

Terna Initiates €38 Million Project to Enhance Electricity Grid in Caserta and Naples

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, embarks on a significant project to revamp the electricity grid in certain areas of Caserta and Naples, with an investment exceeding 38 million euros. The initiative aims to diminish the … Read the full press release

Eurojust-Coordinated Operation Leads to Arrest of 22 Members of Human Trafficking Ring in Italy and Bulgaria

(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release

Snam Maintains Leadership in Climate Change Supplier Engagement Rating

(IN BRIEF) Snam has once again secured the top position in the Suppliers Engagement Rating (SER) by CDP for 2023, receiving an “A” rating for its efforts in engaging suppliers to address climate change. This recognition, coupled with its inclusion … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Webuild Hits Milestone: 100,000 Pre-cast Concrete Segments Completed for Snowy 2.0 Project

(IN BRIEF) Webuild, in collaboration with its local subsidiary Clough, has achieved a significant milestone in the construction of Snowy 2.0, Australia’s largest hydropower project, with the completion of 100,000 pre-cast concrete segments out of a planned total of 130,000. … Read the full press release

Terna Invests €45 Million in Upgrading Sardinia’s Electricity Grid

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release

EIB and Banca Ifis Partner to Bolster Innovation in Italy’s SMEs with €300 Million Financing

(IN BRIEF) The European Investment Bank (EIB) and Banca Ifis have inked a significant agreement, marking the EIB’s maiden loan operation with an Italian bank exclusively aimed at driving innovative transitions for small and medium-sized enterprises (SMEs). The deal, valued … Read the full press release

Terna Recognized as Climate Change Leader by CDP

(IN BRIEF) Terna has earned a prestigious spot on the list of leading international companies engaging their suppliers in the fight against climate change, according to the Climate Change survey conducted by CDP. Achieving an ‘A’ rating, the highest score … Read the full press release

Thales Delivers Rapidly Developed Expeditionary Portable Operations Centre for French Navy Mine Countermeasures

(IN BRIEF) Thales, a global leader in defense technology, announces the successful development and delivery of the Expeditionary Portable Operations Centre (e-POC) for the French Navy’s drone-based mine countermeasures capability. Developed in less than six months, the e-POC demonstrator enables … Read the full press release

Enel and Ansaldo Nucleare Forge Partnership to Pave the Way for Next-Gen Nuclear Power

(IN BRIEF) Enel and Ansaldo Nucleare have entered into a collaboration agreement aimed at exploring and evaluating new technologies and business models for nuclear energy generation, including Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs). These innovative reactors promise … Read the full press release

Eni Foundation Launches Mobile Clinics Initiative to Enhance Healthcare in Remote Algerian Regions

(IN BRIEF) Eni Foundation, in collaboration with the Algerian Ministry of Health, Population and Hospital Reform, has initiated a project aimed at bolstering healthcare services in remote regions of Algeria. The endeavor, unveiled during a ceremony in Algiers, saw the … Read the full press release

Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release

Thales Alenia Space Selected for Mars Ice Mapper Communications Development

(IN BRIEF) Thales Alenia Space has been contracted by the Italian Space Agency (ASI) to develop the communications subsystem for the International Mars Ice Mapper (I-MIM) mission. The mission aims to identify and measure water ice on Mars. Thales Alenia … Read the full press release

Webuild S.p.A. Responds to Shareholder Demand, Calls for Extraordinary Shareholder Meeting

(IN BRIEF) Webuild S.p.A., in response to a request from shareholder Salini S.p.A., has resolved to convene an Extraordinary Shareholder Meeting alongside the forthcoming Ordinary Shareholder’s Meeting on April 24, 2024. The decision, made during a Board of Directors Meeting, … Read the full press release

Biotech Acceleration: Evotec and Claris Ventures Unite to Propel Portfolio Companies Forward

(IN BRIEF) Evotec and Claris Ventures have formed a strategic partnership to accelerate the progress of biotech ventures in Claris’s portfolio into clinical trials. This collaboration allows Claris’s portfolio companies, focused on biotech ventures nearing clinical trials, streamlined access to … Read the full press release

Enel Grids’ Renewable Connections Soar, Adding 7.9 GW in 2023

(IN BRIEF) Enel Grids, Enel Group’s electricity distribution arm, achieved a record-breaking milestone in 2023 by connecting nearly 540,000 new producer-prosumer connections globally, adding 7.9 GW of renewable capacity to its grids. Italy leads with 1.5 million connections, while Spain … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Generali Completes Disposal of TUA Assicurazioni to Allianz

(IN BRIEF) Generali has finalized the sale of TUA Assicurazioni S.p.A. to Allianz, in line with the company’s strategic objectives outlined in its “Lifetime Partner 24: Driving Growth” strategy in Italy. This move aims to drive profitable growth, streamline operations … Read the full press release

Allianz Completes Acquisition of Tua Assicurazioni from Assicurazioni Generali

(IN BRIEF) Allianz S.p.A. has finalized the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros, as previously announced on October 12, 2023. With regulatory approvals secured, Allianz anticipates a 1-percentage-point increase in its P/C market … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release

UniCredit Sponsors Youth America’s Cup, Nurturing Next Generation of Sailors

(IN BRIEF) UniCredit has announced its support for the third edition of the Youth America’s Cup and will serve as the naming partner for the UniCredit Youth America’s Cup Regatta. Scheduled from September 17th to 26th in Barcelona, the event … Read the full press release

Eni Successfully Wraps Up Cronos-2 Well Appraisal in Offshore Cyprus

(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release

Stadler and SBB Expand Rail Connectivity with Five New Giruno High-Speed Trains

(IN BRIEF) Swiss rail operator SBB has placed an order for five additional Giruno high-speed trains from Stadler, aiming to bolster its international services to Italy and enhance accessibility and comfort for passengers. Manufactured at Stadler’s production plant in Bussnang, … Read the full press release

Italy’s Motorway Network Set for Green Transformation with EIB’s €1.2 Billion Investment

(IN BRIEF) The European Investment Bank (EIB) has allocated a €1.2 billion loan to Autostrade per l’Italia SpA (ASPI) for the modernization of approximately 3,000 kilometers of motorways in Italy. This investment, supported by the EIB’s Climate Bank Roadmap and … Read the full press release

Chemetall Elevates Aluminum Solutions with Launch of Global Competence Center in Giussano, Italy

(IN BRIEF) Chemetall, a leading global supplier of surface treatment solutions, inaugurates its cutting-edge Global Aluminum Competence Center in Giussano, Italy, signaling a significant stride in the aluminum application arena. The center consolidates Chemetall’s extensive expertise in aluminum surface treatment, … Read the full press release

Climate Crisis Threatens Arctic Glacier Archives: Svalbard Ice Loss Rapidly Erases Climate Signals

(IN BRIEF) A study led by the Institute of Polar Sciences of the Italian National Research Council (Cnr-Isp) and Ca’ Foscari University of Venice reveals alarming findings regarding the rapid deterioration of climate signals stored in Svalbard Island glaciers due … Read the full press release

Rally Sweden 2024: Studded Sottozero Tyres Only; Route Features Technical Challenges

(IN BRIEF) The 2024 edition of Rally Sweden, marking the second round of the WRC and the first for the Junior category, introduces significant changes to the route compared to the previous year. Teams will face technical sections with more … Read the full press release

EQT Infrastructure Terminates Planned Acquisition of Italy’s Largest Mobile Network from Wind Tre

(IN BRIEF) EQT Infrastructure VI fund has confirmed the termination of its agreement to acquire a majority stake in Italy’s largest mobile network from Wind Tre, as announced on May 12, 2023. The decision to terminate the transaction was made … Read the full press release

Webuild’s Environmental Leadership Recognized with ‘A-‘ Rating in Climate Change Programme 2023

(IN BRIEF) Webuild, a global leader in the fight against climate change, has received an “A-” rating in the Climate Change Programme 2023 by CDP (formerly Carbon Disclosure Project), surpassing the average ratings of both the European region and the … Read the full press release

Fincantieri Launches “Masters of the Sea” Initiative to Address Shipbuilding Labor Shortage

(IN BRIEF) Fincantieri has introduced the “Masters of the Sea” project, a collaboration with the ELIS consortium, aimed at alleviating the shortage of skilled labor in the shipbuilding industry. This initiative, unveiled in Rome, entails a paid training program leading … Read the full press release

Generali Partners with TCC to Establish Generali Convention Center Trieste

(IN BRIEF) Generali and TCC-Trieste Convention Center have announced a three-year agreement naming the largest multifunctional convention center in northeastern Italy as the Generali Convention Center Trieste. This partnership reflects Generali’s commitment to fostering Trieste’s growth potential by supporting the … Read the full press release

EIB and Terna Seal €500 Million Deal for Tyrrhenian Link Renewable Energy Project

(IN BRIEF) During the EIB Forum in Luxembourg, the European Investment Bank (EIB) and Terna signed a €500 million financing contract, marking the final tranche of the €1.9 billion financing for the Tyrrhenian Link project. This submarine electricity cable, spanning … Read the full press release

Eni CEO and Indonesian President Discuss Energy Transition and Gas Potential in High-Level Meeting

(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release

EOS Investment Management Group Acquires Six Solar Greenfield Projects in Italy from Lightsource bp

(IN BRIEF) EOS Investment Management Group (EOS IM) and Lightsource bp have finalized the sale of six solar greenfield projects in Italy to EOS IM, adding a 294MW portfolio to their existing solar power assets in Italy. These projects, either … Read the full press release

Logicor Expands Its Presence in Italy with Sustainable Warehouse Development in Rolo

(IN BRIEF) Logicor, a prominent player in European logistics real estate, has commenced the construction of a new environmentally conscious warehouse spanning approximately 13,600 sqm at its logistics park in Rolo (RE), Italy. The project, set to be finished by … Read the full press release

Eni Achieves ISO 37301 Certification for Robust Compliance Management System

(IN BRIEF) Eni SpA has successfully obtained ISO 37301:2021 certification for its Compliance Management System from Italy’s leading certification body, RINA Services SpA. This recognition reinforces Eni’s commitment to promoting a culture of compliance, ethics, and sustainability within the organization. … Read the full press release

Eni Confirms Construction of Italy’s Third Bio-Refinery in Livorno

(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release

Europe’s Largest Solar Panel Gigafactory, 3Sun, Secures €560 Million to Boost Clean Energy Production

(IN BRIEF) 3Sun, a photovoltaic cell and module production gigafactory owned by Enel Green Power, has successfully obtained a substantial financial package of 560 million euros to expand its production capacity, making it the largest solar factory in Europe with … Read the full press release