Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Eni’s Q1 2024 Results Show Accelerated Growth and Strategic Portfolio Transformation

(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release

Cunard Welcomes Queen Anne: Newest Jewel in the Luxury Cruise Line’s Fleet

(IN BRIEF) Cunard’s illustrious fleet gains a new gem as Queen Anne officially joins during a historic handover ceremony at the Fincantieri Marghera shipyard in Venice. Attended by dignitaries and industry leaders, the event marks the 249th ship under the … Read the full press release

Intesa Sanpaolo Partners with Quid Informatica to Launch Innovative Financing Products through isybank

(IN BRIEF) Intesa Sanpaolo and Quid Informatica have inked a framework agreement facilitating the introduction of financing products by isybank, Intesa Sanpaolo’s digital bank, in the upcoming months. Qinetic, Quid’s credit process management platform, will serve as the foundation for … Read the full press release

Unveiling Milan’s Medieval Legacy: Ancient Walls Rediscovered in De Amicis Station

(IN BRIEF) In a fascinating blend of modern infrastructure and historical preservation, Milan’s upcoming De Amicis station on the M4 line has unveiled a hidden treasure: sections of the ancient city walls of the Naviglio. Constructed by Webuild, the station’s … Read the full press release

EIB Board Greenlights €4.3 Billion Investment Across Europe for Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release

Vinci Invests €50 Million in NatPower SA, Expands Renewable Energy Portfolio

(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release

DHL Global Forwarding Partners with Prada Group to Reduce Emissions Through Sustainable Aviation Fuel

(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release

STMicroelectronics Secures Renewable Energy Contract for Italian Operations

(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release

Webuild Group and Clough Unveil Australia’s Grand Renewable Energy Venture: Inside the Snowy Mountains Project

(IN BRIEF) Explore the depths of Australia’s ambitious renewable energy endeavor unfolding in the Snowy Mountains, where the Webuild Group and Clough, in collaboration with Snowy Hydro Limited, are spearheading the Future Generation project. This pumped-storage scheme, distinct from conventional … Read the full press release

Thales Alenia Space Secures €522m Contract for ExoMars 2028 Mission

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has clinched a significant framework contract with the European Space Agency (ESA) worth €522m for the continuation of crucial activities towards the ExoMars 2028 mission. The mission, slated … Read the full press release

Melodies of Milan: IKEA’s “1st” Exhibition Unites Music and Design

(IN BRIEF) During Milan Design Week, IKEA’s “1st” exhibition at Padiglione Visconti becomes a haven for the city’s music scene, celebrating individual journeys towards independence through the fusion of music and design. Featuring nightly performances from various artists like Lorenzo … Read the full press release

Intesa Sanpaolo Partners with A2A to Power Operations with Renewable Energy

(IN BRIEF) In its ongoing commitment to reduce emissions and align with its ESG strategy, Intesa Sanpaolo has signed an agreement with A2A to procure electricity from renewable sources. This agreement, spanning ten years, will see Intesa Sanpaolo sourcing around … Read the full press release

Italian Energy Giants Forge Alliance for Maritime Decarbonization

(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release

Fisia Italimpianti Diversifies into Oil&Gas with Saudi Arabia Water Treatment Plant Project

(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release

UniCredit Debuts “Uni Sonos” at Milan Design Week 2024, Celebrating Women’s Empowerment and Creativity

(IN BRIEF) UniCredit unveils its collaboration with Arena di Verona and Studiopepe at Milan Design Week 2024 with “Uni Sonos,” a groundbreaking installation celebrating women’s empowerment, diversity, and creativity. Featuring costumes from the 100th Arena di Verona Opera Festival, the … Read the full press release

UniCredit Joins Venice Sustainability Foundation as Co-Founding Member

(IN BRIEF) UniCredit has announced its partnership with the Fondazione Venezia Capitale Mondiale della Sostenibilità (Venice Sustainability Foundation), becoming a co-founding member. With a commitment to fostering sustainability in Venice and its metropolitan region, UniCredit aims to address the complex … Read the full press release

Pirelli Provides Standard Allocation for Moto2™ and Moto3™ Teams at Portuguese Grand Prix

(IN BRIEF) Ahead of the Grande Prémio de Portugal at the Autódromo Internacional do Algarve, Pirelli has announced that Moto2™ and Moto3™ riders will rely on the standard tyre allocation for the 2024 season. The challenging layout of the Portimão … Read the full press release

Thales and DGAC Launch World’s First Solar-Powered Air Traffic Control Radar in Chile’s Atacama Desert

(IN BRIEF) Chile’s General Directorate of Civil Aeronautics (DGAC) and Thales, a global technology leader, have unveiled the world’s inaugural 100% solar-powered air traffic control radar station in Chile’s Atacama Desert. Combining Thales’ advanced STAR NG primary radar and RSM … Read the full press release

Thales Launches TopSky – ATC Upgrade and Alliance One Initiative for Enhanced Air Traffic Management

(IN BRIEF) Thales, a leader in advanced technologies, has unveiled the TopSky – ATC upgrade, aimed at tackling the challenges of modern air traffic management (ATM). Through Alliance One, Thales is fostering collaboration among product users, facilitating safer and more … Read the full press release

Thales Data Threat Report Reveals Alarming Increase in Ransomware Attacks and Compliance Failures

(IN BRIEF) Thales releases its 2024 Data Threat Report, highlighting a 27% surge in ransomware attacks and a concerning trend of enterprises failing compliance audits. The report underscores the growing severity of cybersecurity threats, with ransomware, malware, and phishing emerging … Read the full press release

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