(IN BRIEF) The Minister of Environment and Energy Security has granted authorization for Terna’s new electricity connection project linking La Spezia and Arcola (SP). With an investment of 8 million euros, the project will involve the construction of a 4.3 … Read the full press release
(IN BRIEF) Eni has announced a significant achievement in its Congo LNG project, with the successful introduction of gas into the Tango Floating Liquefied Natural Gas (FLNG) facility moored in Congolese waters, just twelve months after the final investment decision. … Read the full press release
(IN BRIEF) UniCredit S.p.A. has successfully concluded the First Tranche of its share buy-back program, which was initiated on October 30, 2023, following authorization from the Shareholders’ Meeting on October 27, 2023. The buy-back program aimed to purchase UniCredit’s ordinary … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Italy, Management, News
Tagged Financial, investment, share buy-back program, UNICREDIT
(IN BRIEF) Terna, Italy’s national power grid operator, has achieved noteworthy milestones by securing the “UNI Pdr 104 2021” certification for robust administrative and tax governance and being admitted to the Italian Revenue Agency’s Collaborative Compliance tax scheme. The certification, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Financial, Giuseppina Di Foggia, Governance, investment, Italian Tax Scheme, Milestones, Tax Transparency, Terna
(IN BRIEF) Terna, Italy’s national electricity grid operator, and the Sicily Region have entered into a five-year partnership to enhance the planning and placement of new electricity infrastructure in Sicily. The collaboration aims to expedite projects outlined in Terna’s Development … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy
Tagged Calogero Giuseppe Burgio, electricity infrastructure, Enrico Maria Carlini, Francesco Del Pizzo, Fulgatore, Giuseppina Di Foggia, Italy, Partinico, Priolo, Renato Schifani, Roberto Di Mauro, Rossano, Sicily, submarine power line, sustainable electricity grid, Terna, Tyrrhenian Link
(IN BRIEF) Vard, a subsidiary of the Fincantieri Group, has secured a contract worth approximately €230 million from Prysmian Group, a global leader in energy and telecoms systems, to design and build a cable-laying vessel. This vessel, the third in … Read the full press release
(IN BRIEF) Fincantieri, a leading shipbuilding company, and WSense, a specialist in underwater monitoring and communication systems, have signed a Memorandum of Understanding (MoU) to collaborate in the field of Underwater Internet of Things (UIoT). This partnership will explore various … Read the full press release
(IN BRIEF) AFRY, an international engineering and consulting company, has assisted ENGIE in the construction of two wind farms, Rampingallo and Porto Torres, located in Sicily and Sardinia, Italy. These wind farms, with a combined power output of 60 MW, … Read the full press release
(IN BRIEF) UniCredit has achieved a significant milestone by becoming the first pan-European bank to receive Global EDGE Certification for its commitment to gender equity and inclusion. This recognition follows accelerated diversity and inclusion efforts by UniCredit’s banks in multiple … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Italy, Management, News, Society
Tagged Andrea Orcel, Aniela Unguresan, Awards, EDGE certification, Gender Equity and Inclusion, Pan-European Bank, society, UNICREDIT
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Ukraine, United Kingdom
Tagged conflict, Denys Shmygal, EBRD, ENERGY, Italy, Norway, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Volodymyr Kudrytskyi
(IN BRIEF) Industrie De Nora, an Italian multinational specializing in electrochemistry and sustainable technologies, has been honored with the “Top Investor in China Award” at the China Awards 2023 event in Milan. The award recognizes De Nora’s significant investments and … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Italy, Management, Media, News
Tagged 'Top Investor in China Award', Chinese market, Industrie De Nora, investment, Luca Buonerba, wards
(IN BRIEF) Crédit Agricole Assurances has finalized a long-term partnership with Banco BPM to expand the distribution of its non-life, personal protection, and creditor insurance products through Banco BPM’s networks, including online and mobile banking channels. This move aligns with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged Banco BPM, Credit Agricole, Crédit Agricole Assurances, Italy, Non-Life Bancassurer, partnership, Philippe Dumont, sustainability
(IN BRIEF) Digi Communications N.V., a European telecommunications company, announced that its Non-Executive Director, Mr. Bogdan Ciobotaru, has conducted a share transaction. On December 14, 2023, Mr. Ciobotaru sold 30,000 class B shares of the company. This transaction was reported … Read the full press release
Posted in Belgium, Business, Financial, Internet & Online, Investment, Italy, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, Bogdan Ciobotaru, Class B shares, DIGI COMMUNICATIONS N.V., Non-Executive Director, Romanian Financial Supervisory Authority, share sale, share transaction, stock options
(IN BRIEF) In a significant milestone, leaders from Italy’s Leonardo, Japan’s Mitsubishi Heavy Industries, and the UK’s BAE Systems, prominent players in the global defense industry, welcome the signing of the Convention on the Establishment of the “Global Combat Air … Read the full press release
Posted in Defence, Government, Industrial, Italy, Technology, Transportation & Logistics, United Kingdom
Tagged BAE Systems, combat air, Combat Air Programme, Defence, GCAP, Global Combat Air Programme, Guglielmo Maviglia, Herman Claesen, Hitoshi Shiraishi, Japan, Leonardo, Mitsubishi Heavy Industries
(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Norway, Technology
Tagged acquisition, Agribios Italiana, Fertilizer Business, Giovanni Ravagnan, Mónica Andrés Enríquez, organic, Organic Farming, partnership, sustainability, Yara
(IN BRIEF) Terna, the company responsible for Italy’s national grid, is set to hold an online meeting on December 19th to unveil the outcomes of a public consultation regarding the “SE Montecorvino-SE Benevento III” 380 kV connection project. The meeting … Read the full press release
(IN BRIEF) Generali has reaffirmed its sustainability leadership by achieving MSCI’s highest “AAA” ESG rating, reflecting its advanced climate risk management practices and commitment to responsible investments, human capital management, and cybersecurity. The company’s continued presence in the Dow Jones … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Insurance, Investment, Italy, Management, News
Tagged Awards, Dow Jones Indices, ESG rating, Generali, leadership, Marco Sesana, MSCI
(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with CDP Real Asset SGR, a subsidiary of Cassa Depositi e Prestiti, to allocate €300 million towards social housing programs in Italy. This groundbreaking … Read the full press release
Posted in Banks, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cassa Depositi e Prestiti, CDP RA, CDP Real Asset SGR, Dario Scannapieco, European Investment Fund, Fondo Nazionale dell’Abitare Sociale (FNAS), Gelsomina Vigliotti, Giancarlo Scotti, Italy, partnership, social housing, sustainability
(IN BRIEF) In a significant move towards promoting sustainable mobility, the European Investment Bank (EIB) has committed €500 million to Ferrovie dello Stato Italiane S.p.A. (FS) to enhance rail services in Italy’s Campania and Lazio regions. This partnership aims to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Transportation & Logistics
Tagged EIB, Ferrovie dello Stato Italiane S.p.A. (FS), Gelsomina Vigliotti, investment, Italy, Marco Fossataro, partnership, rail travel, sustainability
(IN BRIEF) Intesa Sanpaolo, the Italian banking group, has received two first-place awards at the Qorus-Accenture Banking Innovation Awards. The awards recognize innovations in banking on a global level. Intesa Sanpaolo won in the categories of “Neobanks & Specialized Players” … Read the full press release
Posted in Awards, Banks, Business, Financial, Investment, Italy, Management, News, Technology
Tagged Intesa Sanpaolo, Qorus-Accenture Banking Innovation Awards, Stefano Barrese
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