Falck Group is an Italian
company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
located in
Sesto San Giovanni. It was founded in 1906 and is one of the oldest companies in the
steel industry
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant t ...
. In the 1990s it turned to the production of
energy
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat a ...
from
renewable sources
A renewable resource, also known as a flow resource, is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of ti ...
.
It was founded in 1906 in
Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
by Giorgio Enrico Falck under the name Società anonima Acciaierie e Ferriere Lombarde. The first and most important
industrial plants were built in
Sesto San Giovanni. In 1931 the company changed its name to Acciaiere e Ferriere Lombarde Falck. The company produced steel and related products, both processed and semi-finished, for over seventy years until the crisis in the mid-seventies when the company began to decline. Its last furnaces closed in 1995.
At the end of the nineties the Falck Group, still run by the Falck family, turned to the production of
renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
, through the subsidiary
Falck Renewables
Falck Renewables S.p.A. (former name: Actelios) is a renewable energy company based in Milan, Italy. It has an installed capacity of 1,408 MW in Italy, UK, France, Spain, the US, Norway and Sweden. Its activities include the development, fina ...
.
See also
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Enrico Falck
Enrico Falck was an Italian entrepreneur, member of the board of directors of the Falck Industries. He joined the Italian Christian Democracy, and was an Italian Senator from Lombardy.
Political career
In 1934 Falck was named by king Vittori ...
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History of Steel Industry
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the History of writing#Inventions of writing, invention of writing systems is considered prehistory. "History" is an umbr ...
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Steel industry in Italy
The steel industry in Italy originated in the 19th century.
History
The beginnings of the steel industry in Italy were strongly influenced by the modest presence of underground iron ore and coal in particular, that occurred in 1880, an increas ...
References
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External links
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The Story of the Falck Group
{{Authority control
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Companies based in Lombardy