Eni has operations in more than 70 countries.
Its headquarters are in Rome. Eni is an outgrowth of Agip Azienda Generale Italiana Petrolian oil and gas agency set up by the Italian fascist government in the s.
In Enrico Matteia former resistance fighter, persuaded the Italian postwar government to coordinate the Agip gas and oil holdings in the new Eni; descendants of Agip are now the exploration and production and the refining and marketing divisions of Eni SpA. Eni was state-owned untilwhen the government began to privatize the company; after a series of stock sales, more than 60 percent of Eni was publicly owned.
Eni divisions engage in the exploration, productiontransportation, refiningand retailing of oil and natural gas. Motor fuel is sold in Italy and other European countries at Eni and Agip service stations under the well-known trademark of a fire-breathing six-legged dog, originally designed in Exploration for oil is intensive, especially in oceanic areas, and Eni has established itself as a leader in ocean mining technology.
It is a major importer and distributor through pipelines of natural gas from North Africa and Russia. Article Media. Info Print Cite. Submit Feedback. Thank you for your feedback. Eni Italian corporation. See Article History. Get exclusive access to content from our First Edition with your subscription. Subscribe today. Learn More in these related Britannica articles:. From until World War I the chemical industry was restricted to products such as fertilizers and fungicides, but the oil discoveries of….
History at your fingertips. Sign up here to see what happened On This Dayevery day in your inbox! Email address. By signing up, you agree to our Privacy Notice. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. More About. Official Site of Eni.We are an integrated energy company looking to the long-term, aiming to play a decisive role in the energy transition to a low carbon future.
Together is better. Only by working in partnership can we overcome the great climate challenge of our times. We are engaged in the exploration, production, refining and sale of oil, gas, electricity and chemicals, acting at all times with the wellbeing of the planet in mind. From company history to management training, Villa Montecucco is home to our archive and school of management. Discover the story of how we began and our transformation over time. We develop open and trusting relationships with suppliers, NGOs, consumers and local communities.
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Go to myeni. Who we are We are an integrated energy company looking to the long-term, aiming to play a decisive role in the energy transition to a low carbon future. Add Remove. Our values Sustainability, technical innovation and diversity. Sharing our world Together is better. Emma Marcegaglia Chairman of the Board. Claudio Descalzi Chief Executive Officer. What we do We are engaged in the exploration, production, refining and sale of oil, gas, electricity and chemicals, acting at all times with the wellbeing of the planet in mind.Branches do not enjoy, as such, organizational and decision-making autonomy.
For tax purposes, branches are considered as permanent establishments and are therefore subject to taxation in Italy. They shall thus keep their own books, submit VAT and income tax returns to tax authorities Revenue Agency or Agenzia delle Entrate each year, and file the annual report of the foreign company with the Italian Registrar of Companies. A representative office is a registered office of a foreign company that carries out in Italy, purely and exclusively, promotional and advertising activities, collection of information, scientific or market research.
A representative office can open a bank account in Italy. In summary, a representative office may only carry out promotional activities, not business activities production, sales, or servicesand its manager has no power to decide or to bind the foreign company.
Traditional S. A shareholder of a Traditional S. The main difference between Traditional S. Is there any minimum initial share capital requirement to set-up a Traditional S. There is no longer any minimum capital requirement to open a Traditional S. Is it possibile to open a Traditional S. To open an Italian company, the founder s shall execute an incorporation deed including memorandum and articles of association before an Italian public notary. The incorporation process can be carried out by distance through a power of attorney granted to our firm.
Nevertheless, shareholders may establish — either in the Memorandum of Association or, subsequently, in the Articles of Association — shares not proportionate to the value of the contribution to the company, and may also establish special rights for specific shareholders. However, the Articles of Association may also provide for such resolutions unless related to specified matters to be taken through more streamlined procedures, such as written consultation or written consent.
Unless otherwise specified in the Articles of Association, Traditional S. As such, Traditional S. In the latter case, the company may adopt one of the following management systems:. The managing body may be also a corporate body, unless further legal provisions setting forth restriction or requirements related to certain type of companies.
The articles of association may establish that multiple administration systems be used, each for a specific set of issues for which the managing body is called upon to decide. It is largely entrusted with the oversight of corporate management in order to ensure compliance with the law, memorandum and articles of association; compliance with the principles of sound administration, in particular the effectiveness of the organizational, administrative and accounting systems adopted by the Company, and its effective performance.
The Board of Statutory Auditors Collegio Sindacale is composed of 3 or 5 standing members and 2 alternate members.Europe: CASE Customer Testimonial - Vitali S.p.a., Italy - Wheel loaders and crawler excavators
The auditors must satisfy the requirements of integrity, experience, and independence prescribed by law; must be professionally independent from the company, its subsidiaries and parent companies; and must possess technical expertise.
With regard to Traditional S. An audit of the accounts of a Traditional S. As a general rule, such an audit is carried out by an external Auditor or Audit Firm. This form of corporation better suits the needs of large businesses requiring a significant amount of capital. The initial share capital of a S. Capital can be paid up either by cash contribution or, whereby expressly provided in the Memorandum of Association, as an in-kind contribution or contribution of receivables, whose value shall be equal to the amount of capital subscribed.
In case of a single member, the entire share capital shall be paid up prior to the incorporation of the company. Conversely, whereby paid in kind or via transfer of receivables, the share capital is to be paid in its entirety.
The shareholders pass resolutions collectively.Pirelli SpAinternational holding company and major Italian manufacturer of tires and other rubber products. It is headquartered in Milan.
Three generations of the Pirelli family have managed the company since it was founded in by Giovanni Battista Pirelli. He started a small rubber factory in Milan that year and went on to produce insulated telegraph cables, bicycle tires, and automobile tires from The company opened new factories in Italy and abroad as demand for its tires, cables, and transmission belts grew.
The Pirelli company was responsible for several innovations in tire design, including the crossply tire in and the fabric-belted tire after World War II. Pirelli SpA experienced a prolonged expansion in the postwar decades, but by it was encountering stiff competition from the French tire manufacturer Michelinwhich had pioneered the steel-belted radial tire. Partly to counter this threat, Pirelli in merged with Dunlop HoldingsLtd. A diversified company with operations in Europe, North and South America, and the Middle EastPirelli sells more goods abroad than does any other Italian company.
In addition to manufacturing tires, it is also a major producer of metal cable and electrical equipment. One subsidiary specializes in making optical fibres for telecommunications cable.
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Thank you for your feedback. Pirelli SpA Italian company. See Article History. Get exclusive access to content from our First Edition with your subscription. Subscribe today. It is headquartered in London. The company has been involved in rubber-tire manufacture since the late 19th century. Tire, a continuous band that encircles the rim of a wheel and forms a tread that rolls on either a road, a prepared track, or the ground. There are two main types of tires, those made of metal and those made of rubber.
Railroad cars, which run on smooth steel rails, use iron or steel tires for low…. Holding company, a corporation that owns enough voting stock in one or more other companies to exercise control over them. A corporation that exists solely for this purpose is called a pure holding company, while one that also engages in a business of its own is called a holding-operating company.
History at your fingertips. Sign up here to see what happened On This Dayevery day in your inbox! Email address. By signing up, you agree to our Privacy Notice. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox.Sincethe year of our foundation in Reggio Emilia — Italy, we have received and repaid the confidence of all those customers who wished to entrust us with increasingly more ambitious projects.
We started by manufacturing pumps for the treatment of crops in the agricultural sector and then, in the following decades, we began specializing in other areas.
Today our company operates in three key sectors, two dedicated to components and one to finished products: Agriculture, Industry and Cleaning. Low, medium and high-pressure piston, diaphragm and centrifugal pumps: this is the Agriculture Division range which we offer to manufacturers of spraying and weeding machines.
The quality and durability of our pumps is a plus feature constantly recognized by our customers and which has made us world leaders in this field for many years now.
The range of Industry Division products, on the other hand, consists of high-pressure piston pumps, both axial and triplex, used in many sectors, from carwash systems to road washing machines and typical industrial and urban cleaning applications, so as to enable our customers to find the right solutions to all their needs. However, we do not limit ourselves only to components, on the contrary. Our Cleaning Division includes a wide range of hot and cold water high-pressure cleaners, catering to the requirements of many different types of customers, and dedicated to both home and professional use.
This range of products has recently been extended with the introduction of two new lines, vacuum cleaners and scrubber-driers, thanks to which we are able to present ourselves on the market with a complete range for the entire cleaning sector, both semi-professional and professional.
The continuous acquisition of important companies has represented a determined and courageous choice aimed at enhancing the experience acquired throughout our history by expanding it into complementary sectors, enabling us to become one of the most comprehensive companies in the world in the field of pressurized-water technology.
From the very start we have always been aware that the satisfaction of our partners could only be achieved through know-how, competence, passion. But we have chosen to do more: hence, day after day, we study the problems faced in the field, in order to create innovative products specifically designed for each individual need and which ensure constant quality and performance over time.
The Comet brand distinguishes products exported to over countries and which are recognised for their excellence. Our employees represent the beating heart of the group — over people who, every day, work with great passion and team spirit to ensure the constant quality of our products. The Comet Group is first and foremost a manufacturing company with production facilities in various strategic areas of the world. We are present in more than countries worldwide, with sales subsidiaries in France, the United States and Mexico and an extensive network of distributors; all this helps us provide you with fast assistance and timely responses to your requests at all times.
Today our industrial group represents the best the market is able to offer, especially because of the broad range of available products and services — from modern technologies applied to cleaning and low-pressure pumps right up to very high-pressure water jetting units. This is made possible thanks to in-house development but also to the acquisition of a number of major companies in the sector at national and international level.
PTC S. Valley Industries is a company which supplies the highest-quality components at the most competitive prices on the market and operates in various fields, from agriculture to industry, food, pharmaceuticals and military. The company is enhanced by a national sales force of men and women dedicated to providing the highest level of customer service, also thanks to more than 50 years of experience in the sector.
Lemasa is the South American market leader in the high and very high-pressure sectors. Set up in in Brazil, it produces pumps, units and accessories for water jetting with pressures up to 2, bar and powers up to hp.
The use of innovative technologies and painstaking customer care have enabled it to become one of the most appreciated companies in the entire waterjetting sector. The Lavorwash Group has been a world leader in the production of cleaning machinery since and offers complete and diversified product ranges for both home and professional use.
Lavorwash has its headquarters in Italy in Pegognaga in the province of Mantuaand has sales subsidiaries in various countries around the world such as France, the United Kingdom, Spain, Poland and, besides in Italy, production plants in China and Brazil.Leonardo S.
Headquartered in Romethe company has sites worldwide. As of April [update]the company was known by the transitional name of Leonardo-Finmeccanica as part of the restructuring process of the company carried out by CEO Mauro Moretti from the beginning of his mandate in The company changed its name to Leonardo S. Finmeccanica was established in as the mechanical engineering subholding of the state-owned IRI. Finmeccanica has held for years some historic Italian enterprises, as Alfa Romeo automobilesAeritalia aerospace and Ansaldo engineering.
Finmeccanica, which was previously fully state owned by IRI, became partly privatized inwhen it was listed in the Milan Borsa Italiana stock exchange. In May Finmeccanica announced its intention to purchase the U. During —, Finmeccanica emails were published by WikiLeaks and Finmeccanica was subject to judicial inquiries on several fronts and management changes. According to Finmeccanica emails published in the Syria Files release by WikiLeaks on 5 July Finmeccanica increased its sale of mobile communications equipment to Syrian authorities duringdelivering of these to the Damascus suburb Muadamia in May  after the Syrian uprising had started, and sending engineers to Damascus in February to provide training in using the communications equipment in helicopter terminals,  while the uprising continued.
On 12 Februarythe chief executive, Giuseppe Orsiwas arrested on corruption charges. Prosecutors alleged that he paid bribes to ensure the sale of 12 helicopters to the Indian government, when he was head of the group's AgustaWestland unit. In December Finmeccanica sold In the first half ofFinmeccanica's new Chief Executive Officer and General Manager Mauro Moretti started a significant process of change for the Group, both in terms of strategic choices and organizational structure.
The goal was to create a more cohesive and efficient group in which all processes research, marketing and sales, engineering, procurement, strategies and governance are centralized and integrated and can interact each other. FATA, another subsidiary of the Finmeccanica Group since that was not part of the core business, was sold in to the Gruppo Danieli, dealing in the production of steel plants.
A company rebranding operation led by Mauro Moretti began in Marchwith a proposal to change the company name. On 30 JanuaryLeonardo presented the Industrial Plan  with the aim of taking the necessary actions to return to sustainable growth in the five-year period. The outlook in the reference markets is positive, particularly in international export markets, allowing Leonardo to concentrate on existing opportunities for its core businesses. After having taken several steps towards building the "One Company" operating model, Leonardo now considers an acceleration necessary to ensure the sustainability of the business in the medium-long term, strengthening the business structure and enhancing the commercial approach.
The Industrial Plan is therefore based on a transformation process that will be implemented across the areas of operating model optimisation, a more effective customer approach, targeted investments to support growth, a focus on cost control and product portfolio "reshaping". Aeronautics M Helicopters AW Commercially, there are about countries in the world that use products, systems and services supplied by Leonardo. Its production activities and its main industrial and commercial bases are located in Italy, the United Kingdom, Poland and the United States.
Moreover, Leonardo has gained a significant presence in France and Germany, and is a partner for various international industrial collaborations. Other declared shareholdings at this date were Norges Bank 2.
Source: . From Wikipedia, the free encyclopedia. Operating income. Net income. Companies portal Aviation portal Italy portal.
Archived from the original PDF on 25 April Archived from the original on 30 March Retrieved 16 March Archived from the original on 22 March Received There are five different corporate forms that may be used for individuals or companies who are looking at starting or expanding their business activity in Italy.
All of these company forms can be exclusively set up by foreign shareholders. Private Limited company. Liability is limited to the amount of capital paid up.
Most common form in Italy. You can have a sole member Srl or a Srl with several members. If sole member then you will need to deposit fully paid up share capital. Please contact us for assistance.
The liability of members of a SPA is limited to the amount of capital issued by shares. This is essentially a stock company in so far as it can offer shares publicly to the market or through a private offer to its founders. This is quite effective for establishing a small local presence or employing local staff when the major production is outside Italy.
This is generally a Srl which holds assets but does not trade. It can be used to hold trademarks, property and investments. An Srl that forms part of a larger group of companies not located in Italy but having liability in Italy via its Srl status. Similar to a foundation in USA, Holland or Panama without the anonymitya foundation is the best solution to run a school or any other cultural activity at a serious level.
The foundation can have limited resposibility and tax exemption. Minimum capital is usually Euros 52, The ItalianTrust did not originate in Italy but is now part of the Italian legal system and its popularity is increasing. Usually the rules are similar to a trust in Jersey, Isle of Man or New Zealand but tax costs are higher.
A foundation is the most flexible solution to manage assets or heritages. By submitting your data, you agree that UCI Ltd can send you promotional materials on behalf of and relating to these subsidiaries. We only collect basic personal data about you, which does not include any special types of information or location based information. This does however include your name, email, phone number etc. We need to know your basic personal data in order to provide you with information on our services, offers and discounts, and news pertaining to those services.
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Share capital: 10, Euros if more than 1 member; Euros to be paid if 2 or more members.