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Friday | July 10 | 2020

Money Buzz! Milano

Italy industrial production index increased by 42.1% in May 2020

Latest Istat data show that in May 2020 the seasonally adjusted industrial production index increased by 42.1% compared with the previous...

LATEST

In May 2020 value of Istat retail trade index rose by 24.3% in the month on month series, after plummeting at...
Enel has increased its stake in its Chilean subsidiary Enel Chile S.A. to 64.9% of the company’s share capital, by settling...
SPAR Italy partner Maiora has reopened its Interspar store in Scalea, near Cosenza, after a comprehensive renovation aimed at future-proofing this...
SPAR Italy Partner Aspiag Service opened two new Eurospar stores this year in Limena and Bologna. The new...
According to preliminary estimates by Statistical Office, in the first quarter of 2020 the House Price Index increased by 0.9% compared...

BALANCE SHEET

Campari Group announces that between June 1st 2020 and June 5th 2020 it bought back, on the regulated market managed by Borsa...
Pirelli revenues in Q1 2020, of 1,051.6 million euro, show a decline of 20% compared with 31 March 2019 because of sharp...
Enel Group net income was 1,247 million euros (1,256 million euros in the first quarter of 2019, -0.7%). Group net ordinary income...

THE NUMBER

2560
euros, Italian monthly households expenditure in 2019

Italy: Number of unemployed people grew in May 2020 by 18.9%

Istat shows that in May 2020, in comparison with the previous month, the decrease in employment continued – at a slower...

Polygon enters the Italian market with the acquisition of Recotech

Polygon has signed an agreement to acquire Recotech in Italy. Recotech is a property damage restoration company specialized in water- and fire...

La chiave di Confindustria Romania al servizio anche dell’industria italiana

Un straordinaria partecipazione dalla Romania ma anche moltissimi collegamenti dai Paesi dell’est Europa come Bulgaria, Albania, Polonia e dalle Confindustrie italiane....

SPAR supports local communities in Sardinia, Italy

SPAR Italy is assisting households in Sardinia facing the economic consequences of the coronavirus emergency on the island. A...

Eni found new gas in the Mediterranean Sea offshore Egypt

Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile...

Enel Green Power awarded the contract for its first solar plant in India

Enel Green Power has been awarded the right to sign a 25-year energy supply contract for a 420 MWsolar project in India.
Prysmian has been awarded contracts for the SuedLink Corridor in Germany, the largest ever underground cable project, by the German transmission grid operators TransnetBW...
Enel X and Bird have consolidated their cooperation by adding to Enel X's JuicePass app a section dedicated to the rental service of over...
According to Coface forecasts, Spain and Italy will be among the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively...
Eni acquired from Asja Ambiente Italia 100% of the shares in CDGB Enrico, CDGB Laerte e Wind Park Laterza.
In 2019, the estimate of mean monthly consumption expenditure for households residing in Italy was 2.560 euros in current values, substantially unchanged...

Conduent Transportation launched the new ticketing system for Brescia Mobilità

Conduent Transportation announced the successful implementation of a new account-based ticketing system for Brescia Mobilità’s light metro transit network in northern Italy.
Enel Green Power started construction on the 199 MW expansion of the Cimarron Bend wind farm in Clark County, Kansas.
In April 2020, compared to March 2020, exports fell for both EU countries (-32.7%) and non EU countries (-37.3%). Imports decreased by...
Politecnico di Milano, ranking 137, with 37.226 students registered is the first university in CEE, followed by University of Vienna, 45.623 students,...
Air Dolomiti, the Italian airline of the Lufthansa Group restarts operations and confirms flights from Italian cities to Munich and Frankfurt am Main. 
Pirelli has announced the compounds for the initial eight races of the 2020 Formula 1 season – in Austria, Hungary, Great Britain,...

Enel to issue hybrid bonds up to a maximum of 1.5 billion euros

Enel decided to issue, by December 31st, 2021, one or more hybrid non-convertible subordinated bonds, in the maximum amount equal to the...
Claudio Descalzi, Eni CEO, and Hee-bong Chae, Korea Gas Corporation President and CEO signed a Memorandum of Understanding (MoU) to identify specific...
Istat shows that in April 2020 the seasonally adjusted industrial production index decreased by 19.1% compared with the previous month.
Campari Group announces that between June 1st 2020 and June 5th 2020 it bought back, on the regulated market managed by Borsa...
Maire Tecnimont announces that has been awarded by Groupement Bir Seba an EPC contract for the execution of the ”Bir Seba Phase II and...
The Italian Institute of Statistics (Istat) forecast a strong GDP contraction in 2020 (-8.3%) followed by a recovery in 2021 (+4.6%).

THE BUZZ

€1.2 billion contract awarded to a Maire Tecnimont-led consortium

Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A., as majority leader of the consortium including MT Russia LLC, Sinopec Engineering Inc. and...

Largest fall in Italy’s construction sector since 1995

In March 2020 construction output fell by 36.2% in the month on month series, showing the largest fall on record since the...

Eni found new gas in the Mediterranean Sea offshore Egypt

Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile...

MOST READ
TOP 5

Politecnico di Milano, ranking 137, with 37.226 students registered is the first university in CEE, followed by University of Vienna, 45.623 students,...
TÜV AUSTRIA takes over Italian inspection and certification service provider Boreas S.r.l.Boreas has successfully established itself on the Italian market, especially in the...
Pirelli will offer the group’s roughly 3.100 employees in Italy, the possibility of undergoing serological screening for Covid-19 aimed at further strengthening...
Enel Green Power started construction on the 199 MW expansion of the Cimarron Bend wind farm in Clark County, Kansas.
Campari announces that it has signed an agreement with all shareholders to acquire a 49% interest in Tannico, the leading e-commerce platform...