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Edison S.p.A.
Edison S.p.A. is an Italian electric utility company headquartered in Milan. The company was established in 1884 and acquired by Electricité de France in 2012. Edison employs more than 5,000 people in Europe, North Africa, and the Middle East. The chairman of the board is Luc Rémont (CEO of EDF) and the chief executive officer is Nicola Monti. History Early history (1884-1966) Founded in 1884 by Giuseppe Colombo in Milan, Italy, as "Società generale italiana di elettricità sistema Edison", it served the purpose of introducing and applying Thomas Edison's inventions to Italy. Indeed, Colombo, an engineering professor, was a great admirer of Edison, whom he had met in the United States in 1881, securing an exclusive licence for some of his patents for Italy and hiring some of his collaborators. Edison operated the Santa Radegonda power plant, Europe's first power plant. In the following decades, Edison continued growing, especially in hydroelectric power, and came to cont ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Nationalize
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. So ...
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Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellantis Europe. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford Motor Company, Ford for over 20 years, until the car industry crisis in the late 1980s. In 2013, Fiat S.p.A. was the second-largest European automaker by volumes produced and the Automotive industry, seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles employed more th ...
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Enrico Letta
Enrico Letta (; born 20 August 1966) is an Italian politician who served as Prime Minister of Italy The prime minister of Italy, officially the president of the Council of Ministers (), is the head of government of the Italy, Italian Republic. The office of president of the Council of Ministers is established by articles 92–96 of the Co ... from April 2013 to February 2014, leading a Grand coalition (Italy), grand coalition of centre-left and centre-right parties. He was the List of Secretaries of the Democratic Party (Italy), leader of the Democratic Party (Italy), Democratic Party (PD) from March 2021 to March 2023. After working as an academic, Letta entered politics in 1998 when he was appointed to the Cabinet as Italian Minister of European Affairs, Minister for the Community Policies, a role he held until 1999 when he was promoted to become Italian Minister of Economic Development, Minister of Industry, Commerce, and Crafts. In 2001, he left the Cabinet upon his ...
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Pier Luigi Bersani
Pier Luigi Bersani (; born 29 September 1951) is an Italian politician and was Secretary of the Democratic Party (PD), Italy's leading centre-left party, from 2009 to 2013. Bersani was Minister of Industry, Commerce and Craftmanship from 1996 to 1999, President of Emilia-Romagna from 1993 to 1996, Minister of Transport from 1999 to 2001, and Minister of Economic Development from 2006 to 2008. Early life Pier Luigi Bersani was born on 29 September 1951 in Bettola, a mountain municipality in Nure Valley, in the province of Piacenza, Emilia-Romagna region, Italy. His father was a mechanic and a gas station clerk. After earning his high-school degree in Piacenza, Bersani enrolled in the University of Bologna where he graduated in philosophy with a dissertation on Pope Gregory I. He married Daniela in 1980, and he has two daughters: Elisa and Margherita. After a short experience as a teacher he committed his life to politics and public administration. Political career Early ...
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Raul Gardini
Raul Gardini (7 June 1933 – 23 July 1993) was an Italian agri-business and chemicals tycoon. In 1980, he took the helm of his father-in-law Serafino Ferruzzi's family business, starting an aggressive campaign that led to the acquisition of the French sugar and paper company Beghin-Say SA, turning Ferruzzi into Europe's leading sugar producer. In 1985, Gardini focused his interest on chemicals and bought stock in the Montedison chemical group. By 1987, he had acquired 42 per cent of the group, turning Ferruzzi-Montedison into Italy's second largest industrial group after the state-owned company Eni. In 1989, Eni and Montedison formed a joint-venture called Enimont. Gardini studied at the Agricultural Institute of Cesena where he obtained the diploma of agricultural expert. Subsequently, he enrolled in the Faculty of Agriculture - University of Bologna; In 1987 he was awarded an honorary degree in agriculture by the University of Bologna. In 1992, Gardini set up a sailing team t ...
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Hercules Inc
Hercules, Inc. was a chemical and munitions manufacturing company based in Wilmington, Delaware, United States, incorporated in 1912 as the Hercules Powder Company following the breakup of the DuPont explosives monopoly by the U.S. Circuit Court in 1911. Hercules Powder Company became Hercules, Inc. in 1966, operating under this name until 2008, when it was merged into Ashland Inc. An earlier Hercules Powder Company was formed in 1882 by DuPont and Laflin & Rand Powder Company. This company was dissolved on June 30, 1904. Hercules was one of the major producers of smokeless powder for warfare in the United States during the 20th century. At the time of its spin-off, the DuPont Corp. retained the processes and patents for the production of "single-base" nitrocellulose gunpowders, whereas Hercules was given the patents and processes for the production of "double-base" gunpowders that combined nitrocellulose and nitroglycerine. History A special formulation of dynamite was ...
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Mitsui
is a Japanese corporate group and '' keiretsu'' that traces its roots to the ''zaibatsu'' groups that were dissolved after World War II. Unlike the ''zaibatsu'' of the pre-war period, there is no controlling company with regulatory power. Instead, the companies in the group hold shares in each other, but they are limited to exchanging information and coordinating plans through regular meetings. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor's thesis. Supervisor: Kristín Ingvarsdóttir. Re ...
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Atlantia (company)
Mundys (; formerly Atlantia ) is an Italian holding company active in the motorway and airport infrastructure and mobility-related services industry, operating tolling services in 24 countries, including 11 for motorway and airport infrastructure concessions (France, Italy, Poland, United Kingdom and Spain in Europe and worldwide in Argentina, Brazil, Chile, Colombia, India and Puerto Rico). The group manages of toll motorways, Fiumicino and Ciampino airports in Italy and the three airstrips of Nice, Cannes-Mandelieu and Saint Tropez in France with more than 60 million passengers a year. It was listed on the Borsa Italiana until December 2022. The main shareholders are: Edizione (a company of the Benetton family), Blackstone and the CRT Foundation. Atlantia changed its name to Mundys S.p.A. on 15 March 2023. History 1950–2000: Foundation and consolidation Founded in 1950 as Autostrade, when the company Concessioni e Autostrade S.p.A. was created, it aimed to giv ...
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1973 Oil Crisis
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel during the 1967 Six-Day War. In an effort that was led by Faisal of Saudi Arabia, the initial countries that OAPEC targeted were Canada, Japan, the Netherlands, the United Kingdom, and the United States. This list was later expanded to include Estado Novo (Portugal), Portugal, Rhodesia, and South Africa. In March 1974, OAPEC lifted the embargo, but the price of oil had risen by nearly 300%: from US to nearly US globally. Prices in the United States were significantly higher than the global average. After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long ...
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European Community
The European Economic Community (EEC) was a regional organisation created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the Three pillars of the European Union, first pillar of the newly formed European Union (EU) in 1993. In the popular language, the singular ''European Community'' was sometimes inaccurately used in the wider sense of the plural ''European Communities'', in spite of the latter designation covering all the three constituent entities of the first pillar. The EEC was also known as the European Common Market (ECM) in the English-speaking countries, and sometimes referred to as the European Community even before it was officially renamed as such in 1993. In 2009, the EC formally ceased to ...
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Montedison
Edison S.p.A. is an Italian electric utility company headquartered in Milan. The company was established in 1884 and acquired by Electricité de France in 2012. Edison employs more than 5,000 people in Europe, North Africa, and the Middle East. The chairman of the board is Luc Rémont (CEO of EDF) and the chief executive officer is Nicola Monti. History Early history (1884-1966) Founded in 1884 by Giuseppe Colombo in Milan, Italy, as "Società generale italiana di elettricità sistema Edison", it served the purpose of introducing and applying Thomas Edison's inventions to Italy. Indeed, Colombo, an engineering professor, was a great admirer of Edison, whom he had met in the United States in 1881, securing an exclusive licence for some of his patents for Italy and hiring some of his collaborators. Edison operated the Santa Radegonda power plant, Europe's first power plant. In the following decades, Edison continued growing, especially in hydroelectric power, and came to cont ...
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