(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged acquisition, Australia, Enel, INPEX, partnership, renewable energy, sustainability
(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
Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Alfred Kienzle, Hitachi Rail, Michael Topp, Milan, partnership, Rail Drives, Rome, sustainability, ZF
(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
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Darkhan Satybaldy, Eni, Kazakhstan, Marco Alberti, partnership, Photovoltaic Plant, Plenitude, Shaulder photovoltaic farm, Stefano Goberti, sustainability
(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
Posted in Banks, Business, Environment, Financial, Industrial, Insurance, Investment, Italy, Management, News, Transportation & Logistics
Tagged Financial, Fincantieri, investment, partnership, SACE, sustainability
(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
Posted in Business, Financial, Healthcare, Industrial, Investment, Italy, Management, News, Real Estate, Sweden
Tagged acquisition, Enovis Corporation, EQT, Healthcare, LimaCorporate, Lualdi family, Massimo Calafiore, Matteo Thun, Orthopaedic Industry, partnership
(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
Posted in Banks, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged ESG rating, Financial, Fiona Melrose, MSCI, partnership, sustainability, UNICREDIT
(IN BRIEF) The Cruise Division of MSC Group has confirmed orders for two hydrogen-powered luxury vessels for its brand Explora Journeys. The €3.5 billion investment will also explore additional environmental technologies, such as alternative fuels like bio and synthetic gas, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Switzerland, Transportation & Logistics
Tagged cruise, Explora Journeys, Fincantieri, hydrogen-powered, investment, MSC Group, partnership, Pierfrancesco Vago, Pierroberto Folgiero, ships, sustainability
(IN BRIEF) Landis+Gyr, a prominent provider of integrated energy management solutions, has entered into an agreement with Atlante, a subsidiary of the NHOA Group specializing in electric vehicle (EV) charging infrastructure. The partnership aims to enhance EV charging capabilities across … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Atlante, EV charging infrastructure, France, Ing Vincenzo Quintani, Italy, Landis+Gyr, partnership, PORTUGAL, Southern Europe, Spain, sustainability
(IN BRIEF) UniCredit S.p.A. has announced its intention to launch a tranche of its 2023 share buy-back program, with a maximum value of €2.5 billion. The bank cites its strong capital levels, robust financial performance, solid asset quality, and lower … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Italy, Management, News
Tagged Financial, investment, share buy-back, UNICREDIT
(IN BRIEF) Pirelli, the tire manufacturer, has unveiled a distinctive logo to identify tires composed of at least 50% bio-based and recycled materials. This new logo, featuring two arrows in a circle, underscores Pirelli’s dedication to environmental sustainability while maintaining … Read the full press release
Posted in Automotive, Business, Environment, Industrial, Italy, Management, News, Security & Safety, Technology
Tagged bio-based, new logo, P Zero E, Pirelli, recycled materials, safety, sustainability, Sustainable Tyres
(IN BRIEF) ABT CUPRA XE achieved an outstanding performance at the Island X Prix in Sardinia during the Extreme E season. The team, led by drivers Klara Andersson and Sébastien Loeb, secured a podium finish in both races, earning a … Read the full press release
Posted in Automotive, Awards, Business, Entertainment, Industrial, Italy, Management, Media, News, Spain
Tagged ABT CUPRA XE, Double Podium Finish, Extreme E season, Island X Prix, Klara Andersson, Sardinia, SEAT, Sébastien Loeb, Xavi Serra
(IN BRIEF) Enel, a multinational power company, has entered into a partnership with Italy’s Atalanta football club to become its Official Energy Partner. As part of the collaboration, Enel’s logo will feature prominently at Atalanta’s stadium, including on LED screens, … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Environment, Industrial, Italy, Management, News, Sports
Tagged Atalanta Football Club, Enel, ENERGY, partnership, Roberto Deambrogio, Romano Zanforlin, sports, sustainability
(IN BRIEF) Terna, Italy’s national grid operator, is continuing its modernization efforts for the electricity grid in the metropolitan area of Naples. This phase involves replacing a 5 km underground cable with a more reliable and sustainable XLPE (cross-linked polyethylene) … Read the full press release
(IN BRIEF) Terna, in collaboration with the Autonomous Province of Bolzano, has signed an agreement to facilitate the restructuring of the electricity grid in the Eisack Valley. The project, with an investment of 300 million euros, involves the demolition of … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Arno Kompatscher, Bolzano, Eisack Valley, electricity grid, Enrico Maria Carlini, Ferdinando Stablum, Flavio Ruffini, Giuliano Vettorato, partnership, restructuring, sustainability, Terna, Walter Baumgartner
(IN BRIEF) LG Chem, South Korea’s leading chemicals producer, and Italian energy group Eni Sustainable Mobility have announced their joint exploration of developing and operating a new biorefinery at LG Chem’s Daesan chemical complex in South Korea. The project aims … Read the full press release
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged biorefinery, Daesan, Eni, LG Chem, partnership, plastics, South Korea, sustainability, sustainable fuels
(IN BRIEF) A substantial financial boost of nearly €600 million is set to invigorate Italy, as the EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), partners with Deutsche Bank. This initiative aims to support … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business
Tagged Deutsche Bank, EIB, EIF, Gelsomina Vigliotti, Italy, Mid-Caps, partnership, Roberto Parazzini, SMEs
(IN BRIEF) A substantial financial boost of nearly €600 million is set to invigorate Italy, as the EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), partners with Deutsche Bank. This initiative aims to support … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business
Tagged Deutsche Bank, EIB, European Investment Fund (EIF), Gelsomina Vigliotti, Italy, Mid-Caps, partnership, Roberto Parazzini, SMEs
(IN BRIEF) Solaris, a major player in hydrogen-based zero-emission transport solutions in Europe, has secured significant contracts to supply hydrogen buses to Bologna and Venice in Italy, as well as Cologne in Germany. These contracts, totaling approximately €150 million, highlight … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Italy, Management, News, Spain, Transportation & Logistics
Tagged Bologna, CAF, Cologne, hydrogen buses, partnership, Solaris, sustainability, Venice
(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Campania, clean energy, Gilberto Pichetto Fratin, Giuseppina Di Foggia, infrastructure, Italy, partnership, Sardinia, Sicily, sustainability, Terna, Tyrrhenian Link
(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Spain, United Kingdom
Tagged investments, James Burke, Lydia Brissy, real estate, Savills, Spain
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