Riva Group
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Riva Group
Riva Forni Electrici S.p.A. is a major Italian List of steel producers, steel producer. Riva is a privately held company, the whole shareholders' equity being held by the Riva family. History Early history Riva Acciaio was founded in 1954 in Milan by Adriano and Emilio Riva as an iron scrap trading business. In 1957, the first Riva Acciaio mini-mill was built in Caronno Pertusella near Saronno. A few years later, this plant became the first steelworks in Italy to use continuous casting, in partnership with steel plant engineer Danieli. In the 1960s, Riva expanded in Italy by purchasing smaller rivals. 1970s–1990s Starting from the 1970s, Riva took part in the privatization process of the ailing European steel industry by making further acquisitions in European countries such as * the previously state-owned steelworks Acciaierie di Cornigliano in Genoa, * the Thy-Marcinelle plant in Charleroi Belgium, and * the Alpa plant in Gargenville France. In 1992, it acquired directly ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services ...
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