Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Toyota Mobility Foundation Unveils Semi-Finalists for Venice’s Sustainable Cities Challenge

(IN BRIEF) The Toyota Mobility Foundation has announced ten semi-finalists for its Sustainable Cities Challenge in Venice, part of a $9 million global initiative to promote low and zero-carbon transport. Selected from over 120 global entries, the semi-finalists will each … Read the full press release

Tunnel Workers Celebrate Santa Barbara Day at JV AF Ghella Construction Site

(IN BRIEF) The JV AF Ghella construction site in Oslo celebrated Santa Barbara Day on December 4 with a Catholic mass, choral performances, and a ceremonial tunnel blast. Santa Barbara, the patron saint of tunnel and mine workers, was honored … Read the full press release

Logicor and Kryalos SGR Acquire Strategic Logistics Hub in Sordio, Italy

(IN BRIEF) Logicor and Kryalos SGR have acquired a 23,000 m² warehouse in Sordio, Northern Italy, through the Mazer Fund. The site includes warehouse and office space, green areas, and is strategically located near Milan and major transport links. Logicor … Read the full press release

Intesa Sanpaolo Unveils 2030 Decarbonization Targets for Key High-Emission Sectors

(IN BRIEF) Intesa Sanpaolo has announced its 2030 decarbonization targets for four high-emission sectors: Residential Real Estate, Agribusiness-Primary Farming, Cement, and Aluminium, completing its commitment to the Net Zero Banking Alliance (NZBA). The new targets, which build on previous objectives … Read the full press release

Webuild Highlights Contribution to Riyadh Metro and Global Infrastructure Leadership

(IN BRIEF) Webuild played a key role in the newly inaugurated Riyadh Metro, contributing to the development of its longest line, the Orange line (Line 3), part of a 176-kilometer automated network supporting Saudi Arabia’s Vision 2030. The metro improves … Read the full press release

EIF and Banca Etica Unlock €200 Million for Ethical Investments in Italy and Spain

(IN BRIEF) The European Investment Fund (EIF) and Banca Etica have signed a €164 million guarantee agreement, supported by InvestEU, to unlock over €200 million in investments across Italy and Spain. This initiative will provide more than 1,000 social enterprises, … Read the full press release

EIB and Enel Partner on €500 Million Sustainability Loan to Strengthen Italy’s Energy Transition

(IN BRIEF) The European Investment Bank (EIB) and E-Distribuzione, part of the Enel Group, have signed the first €250 million installment of a €500 million sustainability-linked loan aimed at modernizing and strengthening Italy’s power grid. The agreement ties financing terms … Read the full press release

EIB approves €1 billion loan for Rebuilding Ischia’s Public and Private Infrastructure 1

(IN BRIEF) The European Investment Bank (EIB) has signed the first €150 million tranche of a €1 billion financing package to support the reconstruction of Ischia, which was heavily impacted by a 2017 earthquake and 2022 landslide. The funding will … Read the full press release

Fincantieri’s Vard Lands €200 Million Contract for Five Advanced Walk-to-Work Vessels

(IN BRIEF) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release

Eni Launches HPC6: A Breakthrough in Supercomputing to Accelerate Energy Transition

(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release

Altea Green Power Joins Euronext STAR Milan, Advancing Its Renewable Energy Mission

(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is … Read the full press release

Webuild and Partners to Drive Melbourne’s Sustainable Transit Future with Major Rail Loop Project

(IN BRIEF) Webuild, leading a joint venture with GS E&C and Bouygues Construction, has signed a AU$1.7 billion contract to construct the Tunnels North segment of Melbourne’s Suburban Rail Loop (SRL) East, aimed at enhancing sustainable public transit options for … Read the full press release

Fincantieri and Crystal Partner on Luxury Cruise Ship with Focus on Eco-Friendly Innovation and Personalized Service

(IN BRIEF) Fincantieri and Crystal have finalized a major agreement for a new luxury cruise ship, designed to accommodate approximately 690 passengers with all-suite, high-end accommodations, including solo traveler options. This 61,800-ton vessel will feature premium interiors and a high … Read the full press release

Iberdrola and Acciaierie Venete Sign PPA to Boost Green Energy and Decarbonize Steel Production in Italy

(IN BRIEF) Iberdrola and Acciaierie Venete Spa have signed a multi-year Power Purchase Agreement (PPA) to supply 12MW of green energy from an Iberdrola photovoltaic plant under construction. This partnership will help reduce CO₂ emissions by approximately 6,960 tonnes per … Read the full press release

International Operation Halts Albanian-Led Cocaine Trafficking Ring with 29 Arrests Across Europe

(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release

PVA TePla Opens Advanced Italian Facility to Boost Production and Sustainable Growth in Key Industries

(IN BRIEF) PVA TePla AG has opened a new, state-of-the-art facility in Marano Vicentino, Italy, doubling its previous production space and enhancing its in-house manufacturing of essential components for sectors like renewable energy and semiconductors. The sustainable, energy-efficient plant strengthens … Read the full press release

Eni Finalizes $1 Billion Sale of Alaskan Oil Assets to Hilcorp, Strengthens Focus on Core Portfolio and Energy Transition

(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release

EIB and CDP Join Forces to Unlock €1 Billion for Italy’s Public Sector, Focusing on Sustainability and Regional Development

(IN BRIEF) The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have launched a new €500 million guarantee agreement aimed at bolstering public sector investment across Italy, particularly in central and southern regions. This initiative, which builds on … Read the full press release

Terna’s Innovation Zone Forum in San Francisco Unites Energy Innovators for Sustainable Transition

(IN BRIEF) Terna, the Italian transmission system operator, hosted the Innovation Zone Forum in San Francisco, aimed at fostering collaboration in the energy sector. The two-day event gathered startups, investors, and energy leaders to discuss challenges and innovative technologies for … Read the full press release