News – Law Firm Mazza

12 December 2017

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Agro-industrial development contracts, business incentives, Clarifications, Mise

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Directorial circular November 24, 2017, n. 183851 The circular provides some clarifications on the application of the new provisions established by Ministerial Decree of 2 August 2017 in order to allow their application in accordance with the aid scheme approved by the European Commission and the aforementioned Guidelines for State aid in the sector agricultural and forestry. Source Ministry of Economic Development circolare 24 novembre 2017 n 183851 mise...

12 December 2017

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Environment, Industry 4.0, Towards a model of circular economy for Italy, Ministers Gian Luca Galletti and Carlo Calenda

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This document aims to provide a general framework for the circular economy and to define the strategic positioning of our country on the theme, in continuity with the commitments adopted under the Paris Agreement on Climate Change, of the Agenda 2030 of the United Nations on sustainable development, at the G7 and in the European Union. This document is an important step for the implementation of the broader National Strategy for Sustainable Development approved by the Italian Government on 2 October 2017, contributing in particular to the definition of the objectives of efficient use of resources and more circular and sustainable...

10 December 2017

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Banking and Company, Unicredit pan-European bank changes governance, farewell to the ceiling of 5% of the voting right no longer in line with the best practices

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The outgoing council can propose a list for the board, two places for the minority. Eliminated the limit for the exercise of voting rights Unicredit changes governance and Fabrizio Saccomanni, "ideal candidate" for the presidency in place of Giuseppe Vita when the new board is appointed, says: "Good corporate governance is a key element that is assessed by investors and supervisory authorities. Dialogue with all our stakeholders is and must be a constant reference. It is a key element in strengthening the capacity of a large pan-European bank such as ours to meet the challenges that lie ahead. To this goal I...

10 December 2017

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Air transport, La Iata: «In 2018 record profits for airlines»

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Next year profit will increase by 11% to 38.4 billion, while revenues will increase by 9.4% to 824 billion. Nearly half of the expected profits next year will be generated by North American carriers Global sales of $ 824 billion, record high net profit (€ 38.4 billion) and historic passenger numbers (€ 4.3 billion). However, at the same time, a gain for travelers of only $ 8.9. 2018 will be another positive year for aviation, with IATA, the largest airline association, "but with a profit that is ten billion dollars lower than Apple's," commented number one Alexandre de Juniac, underlining the...

10 December 2017

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Business and employment expansion, agricultural production, return to land, 8000 hectares of public land for sale for young farmers

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Land for sale It is a first batch of the National Bank of agricultural lands on a total of over 20 thousand hectares. The 8,174 hectares of agricultural land are distributed among almost all regions of Italy, with a greater concentration in Sicily (1700 hectares), Tuscany and Basilicata (1300), Puglia (1200), and Sardinia (660). The crops are: arable land, pastures, woods and almost 800 hectares for olive groves and vineyards. How does it work The Bank, managed by Ismea, is online. On the www.ismea.it website you can search public land for sale by Region and get information on location, natural features, types of crops...

10 December 2017

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Banking and Financial, European MIFID 2 legislation in force since January 3, 2018 will cut the hidden costs in European financial services

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The Mifid 2 legislation will cut costs hidden in European financial services, finally bringing absolute transparency into the world of savings. The new discipline will impact on financial companies, independent consultants and investors. Compared to the previous version of Mifid, important innovations are added in the protection of retail investors, in the definition of independent consulting services and in the adequacy of communication. Mifid 2 regulations: no hidden costs in the bank The Mifid 2 legislation was adopted by the European Parliament on 15 April 2014. It was to enter into force as early as July 2016, then January 3, 2017 but...

10 December 2017

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New Companies, global challenge, StartupItalia, Open Summit 2017, Milan, 18 December 2017 Palazzo del Ghiaccio

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Seen from space, the Earth has no boundaries: there are no nations, there are no borders. The Earth is a single, giant blue sphere that man has learned to call "home": that's how we want to tell it to StartupItalia! Open Summit 2017. The challenge that startups have to face is not to reach a city or continent only: it is a global challenge, where each people and each nation represent an opportunity to be seized. We'll talk about this at StartupItalia! Open Summit 2017: how to go beyond the borders of our country, how to exploit our imagination, how to realize...

10 December 2017

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Industrial Production, Productivity and Humanification, Passage of productivity to maximum potential, in Milan the World Business Forum was held: there was talk of Humanification

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Humanification is the key word of the World Business Forum, organized by Wobi, which stopped in Milan on November 7th and 8th, 2017: people return to the center of the business, after years of pursuing maximum efficiency. The business is and has always dealt with people: employees, collaborators, customers, shareholders. But rather than exploring the diversity and creative potential of people, much of the history of modern management has focused on ensuring order, structure, efficiency and regularity. Too often the managers' attention has been badly addressed. On the structural organization and not on the strengthening of those who actually constitute such...

10 December 2017

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Financial, first capitalization of the AIM market in Piazza Affari, Bio-On prepares a new plan and the title enters the world small cap basket of 4,263 companies from 23 developed countries

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The title of the bio-polymer company, the first capitalization of the AIM market in Piazza Affari with 523 million euros, became part of the Msci World Small Cap index, created by Morgan Stanley, which includes 4,263 companies from 23 developed countries. Bio-on is working on a new industrial plan that reflects the activities of the various business units recently created by the Bologna group and the closure of a couple of license agreements by the end of the year. The stock today is not much moved with limited exchanges and a slight progress, + 0.64%, to 28.5 euros per share, close...

10 December 2017

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M & A, Industry, Italian Primacy, Prysmian-General Cable, a turnover of 11 billion with 31 thousand employees in 50 countries and an adjusted (adjusted) Ebitda of around 930 million euros, an Italian company at the top of the world in the cables

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Prysmian buys General Cable and consolidates its position as a world leader in the cable industry. The $ 3 billion deal was announced yesterday and will be finalized in the coming months. The former Pirelli Cavi will take over 100% of General Cable at a price of 30 dollars per share, completing a long courtship lasted for years and postponed only for the attempt to restructure the American group. Prysmian, on the other hand, after the acquisition of Draka, was looking for new outlet markets and the United States was the most anticipated landfall. Prysmian-General Cable, an Italian company at the...