Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Fincantieri Commits to Gender Equality with Endorsement of UN Women’s Empowerment Principles

(IN BRIEF) Fincantieri, a global shipbuilding company, has reaffirmed its commitment to promoting gender equality at work by endorsing the seven United Nations Women’s Empowerment Principles (WEPs). These principles include fostering a corporate culture focused on gender equality, ensuring the … Read the full press release

EIB Provides €20 Million Loan to Xnext for Food Safety and Sustainability Innovation

(IN BRIEF) The European Investment Bank (EIB) has extended a €20 million venture debt loan to Xnext, an Italian start-up specializing in X-ray inspection systems. The loan aims to bolster food safety, support innovation, and promote environmental sustainability. Xnext’s patented … Read the full press release

Logicor Launches Sustainable Logistics Property Development in Rome, Italy

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced construction on a new 24,000-square-meter property in Rome, Italy, set for completion in late 2024. Situated on a 97,000-square-meter industrial site owned by the Mazer Fund, this project, … Read the full press release

Bosch Unveils Cutting-Edge Innovations in Motorcycle Technology at EICMA 2023

(IN BRIEF) Bosch is spearheading advancements in motorcycle technology with a focus on software solutions, electrification, and connectivity. The company’s innovative rider-assistance systems, powertrain developments, electrification solutions, and smart connectivity tools are poised to shape the future of motorcycling. Bosch’s … Read the full press release

EIB and Intesa Sanpaolo Collaborate on €100m Loan to Promote Green Transition in Italian Public Sector

(IN BRIEF) The European Investment Bank (EIB) and Intesa Sanpaolo have entered into an agreement for a €100 million loan to facilitate the green transition of the public sector and publicly owned companies in Italy. This initiative marks the first … Read the full press release

Eni and Saipem Join Forces to Develop Sustainable Aviation Fuel and Biofuel Production

(IN BRIEF) Eni and Saipem have entered into an agreement to advance the development of biorefining technologies, aligning with their decarbonization objectives. The agreement focuses on exploring the construction of plants for the production of sustainable aviation fuel (biojet) and … Read the full press release

EIB Grants €100 Million Loan to Intesa Sanpaolo to Boost Green Transition in Italy’s Public Sector

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Intesa Sanpaolo to provide a €100 million loan aimed at supporting the green transition of the public sector and publicly owned companies in Italy. This partnership marks the … Read the full press release

Lightsource bp Strengthens Presence in Italy with New Milan Office

(IN BRIEF) Lightsource bp, a prominent renewable energy company, has inaugurated its new office in Milan, Italy, signaling its commitment to the Italian market and the substantial potential for solar and energy storage projects in the country. With a pipeline … Read the full press release

Borealis Successfully Completes Acquisition of Rialti to Strengthen Recyclate-Based Polypropylene Compounding Business

(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release

Volkswagen’s Elli Launches Elli Fleet Charging Across Europe to Streamline Electric Vehicle Fleet Management

(IN BRIEF) Elli, a brand under the Volkswagen Group, has introduced Elli Fleet Charging, an intelligent solution for managing and optimizing electric vehicle (EV) fleets across Europe. Initially available in Germany, Italy, Spain, and Austria, the platform allows companies to … Read the full press release

Versalis Breaks Ground on Demo Plant for Innovative Hoop® Technology for Plastic Recycling

(IN BRIEF) Versalis, the chemical company of Eni, has commenced the construction of a demonstration plant in Mantua, Italy, to advance its proprietary Hoop® technology for the chemical recycling of mixed plastic waste. Collaborating with Italian engineering company S.R.S. and … Read the full press release

Arriva Introduces ‘glimble by Arriva’ Digital Mobility Platform in Italy to Promote Sustainable and Integrated Transportation

(IN BRIEF) Arriva is launching its “glimble by Arriva” digital platform in Trieste, Italy, as part of its expansion in the Mobility as a Service (MaaS) sector. Developed in partnership with Moovit, glimble allows users to search, plan, book, and … Read the full press release

Bosch Unveils Motorcycle Innovations at EICMA 2023, Including Safety, Display, and Powertrain Solutions

(IN BRIEF) Bosch is showcasing its innovations for the motorcycle industry at EICMA 2023. The company is highlighting its display solutions, including the TFT Cluster 5″ and Integrated Connectivity Cluster (ICC), for keeping riders informed while minimizing distractions. Bosch is … Read the full press release

Eni’s LNG Strategy: New 0.8 bcm Agreement Fuels Growth in Key Asian Markets

(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release

Enel’s Strategic Divestment: Arcadia Generación Solar Now in Sonnedix’s Hands

(IN BRIEF) Enel and its subsidiary, Enel Chile, have successfully completed the sale of their equity interests in Arcadia Generación Solar to renewable energy producer Sonnedix. This transaction, valued at 556 million US dollars, includes four operational PV plants in … Read the full press release

Vard and Windward Offshore to Construct Hybrid Commissioning Service Operation Vessels for Offshore Wind Support

(IN BRIEF) Vard, a prominent player in special ship construction under the Fincantieri group, has entered into a contract with the Windward Offshore consortium to design and build two hybrid Commissioning Service Operation Vessels (CSOV) for offshore wind farm support. … Read the full press release

Eni Signs Long-Term LNG Contract with QatarEnergy to Boost Supply and Strengthen Partnership

(IN BRIEF) Eni, in partnership with QatarEnergy LNG NFE (5), has entered into a long-term contract for the North Field East (NFE) project in Qatar. This agreement will facilitate the delivery of up to 1.5 billion cubic meters per annum … Read the full press release

Eni and Lannutti Group Partner to Advance Decarbonization with Renewable Diesel HVOlution

(IN BRIEF) Enilive, a subsidiary of Eni focused on sustainable mobility, and the Lannutti Group, a prominent player in the logistics and road transport sector, have entered into an agreement to utilize HVOlution, a renewable diesel fuel derived from 100% … Read the full press release

Vodafone Business and Snam Forge Italy’s First Hybrid 5G Mobile Private Network for Energy Sector

(IN BRIEF) Vodafone Business and Snam, a leading natural gas infrastructure company in Europe, have entered into an agreement to establish a private 5G hybrid network infrastructure integrated into the Vodafone network, covering Snam’s 23 plants across Italy. This marks … Read the full press release

Terna Selects Eoliann and Fast Computing Start-ups for Resilience Challenge Solutions

(IN BRIEF) Terna, Italy’s electricity transmission system operator, has chosen two innovative start-ups, Eoliann and Fast Computing, to collaborate on improving the resilience of the Italian power grid. The Data Science for Resilience challenge, initiated in December 2022, sought digital … Read the full press release

Terna Appoints Danilo Del Gaizo as Group Corporate Affairs Director

(IN BRIEF) Terna, an Italian electricity transmission system operator, has appointed Danilo Del Gaizo as its new Group Corporate Affairs Director. Del Gaizo, who has extensive experience in various legal fields, including constitutional, European, and international law, as well as … Read the full press release

Eni Awards 2023 Recognize Pioneering Research in Energy and Environment

(IN BRIEF) The Eni Awards ceremony for 2023 took place at Palazzo del Quirinale in Rome, attended by the President of the Republic Sergio Mattarella, Eni’s Chairman Giuseppe Zafarana, and Eni’s CEO Claudio Descalzi. These awards, now in their fifteenth … Read the full press release

Fondazione Bruno Kessler Launches Selection Process for Directors of Digital Society and Augmented Intelligence Centers

(IN BRIEF) Fondazione Bruno Kessler (FBK) has initiated the selection procedure for the positions of Director for its Digital Society research center and the newly established Augmented Intelligence Center. The Digital Society research center focuses on the challenges presented by … Read the full press release

Intesa Sanpaolo’s ‘Italian Excellences 2023’ Highlights Italian Mid Corporates to International Investors in Paris

(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release

Digi Communications N.V. announces that Digi Spain Telecom S.L.U., its subsidiary in Spain, and abrdn plc have completed the first investment within the transaction having as subject matter the financing of the roll out of a Fibre-to-the-Home (“FTTH”) network in Andalusia, Spain

(IN BRIEF) Digi Communications N.V. and its subsidiary in Spain, Digi Spain Telecom S.L.U., have completed the first investment in financing a Fibre-to-the-Home (FTTH) network rollout in Andalusia, Spain. The initial investment covers 1.35 million homes passed, with the entire … Read the full press release

Intesa Sanpaolo Pioneers AI for Regulatory Analysis in European Banking

(IN BRIEF) Intesa Sanpaolo is taking significant steps in adopting innovative artificial intelligence solutions as part of its digital transformation program outlined in the 2022-2025 Business Plan, led by CEO Carlo Messina. The Chief Institutional Affairs and External Communication Officer … Read the full press release

Eni and Dompé farmaceutici Partner for Joint Research on Global Health Issues

(IN BRIEF) Eni CEO Claudio Descalzi and Dompé farmaceutici Executive Chairman Sergio Dompé have signed a Letter of Intent to initiate joint research and development efforts focused on public health and community well-being in regions where Eni operates, along with … Read the full press release

Open RAN Revolution: Vodafone and Nokia Lead Italy’s Digital Autonomy Drive

(IN BRIEF) Vodafone and Nokia have announced plans to launch Italy’s first commercial 5G Open Radio Access Network (RAN) pilot, signaling a strengthening of their partnership. This initiative aims to create an open platform for independent software providers, startups, and … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

Amundi Announces Key Leadership Changes: Aurélia Lecourtier Appointed CFO, Domenico Aiello to Become Deputy CEO of Amundi Italy

(IN BRIEF) Amundi, a prominent asset management firm, has announced key leadership changes slated for November 1, 2023. Aurélia Lecourtier, a former adviser to the Prime Minister and member of the Cour des Comptes, will assume the role of Chief … Read the full press release

De Nora and Hydrolite Collaborate to Advance Green Hydrogen Production Using Anion Exchange Membrane (AEM) Technology

(IN BRIEF) Italian multinational company Industrie De Nora is partnering with Hydrolite Ltd., an energy subsidiary of Elbit Systems, to jointly develop and introduce a new Anion Exchange Membrane (AEM) stack device for generating and using hydrogen. The partnership aims … Read the full press release

Intesa Sanpaolo Chooses iGenius for Cutting-Edge Business Intelligence Solutions

(IN BRIEF) Intesa Sanpaolo, a leading Italian and European bank, has selected iGenius, a company specializing in generative AI technology for business intelligence (BI), to implement its BI solutions. iGenius offers a platform called Crystal that simplifies data access using … Read the full press release

Generali Appoints Giulio Terzariol as CEO Insurance, Strengthening Leadership Team

(IN BRIEF) Generali, a leading insurance company, has announced the appointment of Giulio Terzariol as CEO Insurance, a newly established role responsible for overseeing all of the company’s Insurance Business Units. Terzariol, with over two decades of experience in management … Read the full press release

Eni Accelerates Energy Transition with Giant Gas Discovery off Indonesia’s East Kalimantan

(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release

Enel Completes Sale of 50% Stake in Australian Renewable Assets to INPEX

(IN BRIEF) Enel S.p.A., through its subsidiary Enel Green Power S.p.A. (EGP), has successfully finalized the sale of a 50% stake in its Australian renewable energy entities, Enel Green Power Australia Pty Ltd and Enel Green Power Australia Trust (collectively … Read the full press release

ZF Introduces Next-Gen Rail Drives for Milan and Rome Metros, Enhancing Efficiency and Comfort

(IN BRIEF) ZF, a leading technology company, will supply the metros built by Hitachi Rail for Milan and Rome, Italy, with its latest two-stage spur gear drives. These drives offer several improvements, including a 10% reduction in weight, noise-optimized gearing, … Read the full press release

Plenitude, Eni’s Renewable Energy Arm, Expands Presence in Kazakhstan with 50 MW Photovoltaic Plant

(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release

Fincantieri Secures EUR 800 Million Financing Agreement with SACE Guarantees

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has signed a significant EUR 800 million financing agreement with a 5-year tenor and a 3-year grace period. This facility, which aligns with the SupportItalia Guarantee under Legislative Decree No. 50 of May … Read the full press release

EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release

MSCI Upgrades UniCredit’s ESG Rating to ‘AA’ for Strong Social Responsibility Practices

(IN BRIEF) MSCI, a prominent international ESG rating company, has raised UniCredit’s ESG rating from ‘A’ (average) to ‘AA’ (leader). This upgrade is primarily attributed to UniCredit’s commitment to social issues, including consumer protection, financial literacy programs, and responsible retail … Read the full press release