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

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...

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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

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...

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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

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...

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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

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...

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Company law, shareholders’ agreements, Consob inspection verification pursuant to art. 115 of the Legislative Decree of 24 February 1998, n. 58 – TUF, Court of Cassation, section 2, Judgment no. 770_2017

Essential lines of the topic Appeal against the decree of the Court of Appeal of Trento On the merits, the Court of Trent noted that the existence of the pact appears proven by means of multiple and converging elements, which allow us to trace the unknown fact and therefore the agreement for the convergent purchase of shares ...

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Company law, Dissolution of partnerships for the inability to achieve the corporate purpose, Court of Milan, Section specialized in the field of enterprise, ruling of 13/11/2017

Court of Milan, in Collegial Composition, Section specialized in the field of enterprise, sentence no. 11387/2017 filed on 13/11/2017, on the issue of dissolution of partnerships due to the inability to achieve the corporate purpose Essential lines of the topic The request for verification of the dissolution of the ...

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Business Contracts, ICC Commission on Customs and Trade Facilitation (Paris, 9-10 November 2017), ICC Italia

The meeting of the ICC Commission on Customs and Trade Facilitation was held in Paris at the headquarters of the International Chamber of Commerce (ICC) Discussion on the EU Customs Code and on future changes in Europe Jean-Michel Thillier, Head of Service, Directorate Génerale des Douanes and Droits Indirects spoke on the latest developments in the EU Customs Code and on future changes in Europe, including Brexit. Among the most significant innovations of the new Union Customs Code, in force since May 1, 2016, there is the centrality of the Aeo figure. In France the Authorized Economic Operators are 1700. One of...

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Banking, Reform Basel 4, less heavy rules, Ghos, Milano Finanza

The Ghos, the body that gathers governors and central bankers, yesterday published the long-awaited details of the Basel 4 reform package. At first reading, analysts at Credit Suisse stress this morning, "the proposal is better than expected and if we are right, it could act as a catalyst for the European banking sector "for more than one reason. First of all, the planned 9-year transition period up to 2027 allows banks to build capital (no loss of capital). Secondly, despite an output floor, a minimum level for capital requirements on assets, at 72.5% with a transitional regime from 2022 to 2027,...

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Business Contracts, on 15 and 16 December in Cagliari, the International Business Exchange of Italian-Arab Companies, the Italian-Arab Cooperation Chamber

Sardinia, after the Marches, will host the next edition of the Italo Arabian International Business Exchange. The appointment is in Cagliari on Friday 15 December (4.30 pm, opening conference at the Conference Hall of the Sardinia Foundation) and Saturday 16 December (from 9 am to 7 pm for seminars and business meetings between Italian and Arab companies in the prestigious setting of the Villa Atzeri). Now in its fifth edition, the event, with its mixed model of BtoB meetings (export and incoming) and thematic seminars, has become a national model within a few years. Indeed, there are numerous Regions that have...

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Banking and Financial, Market initiatives, Borsa Italiana launches futures on the Mid Cap index

Starting Monday 4 December, the Italian derivatives market (IDEM) of Borsa Italiana further extends its product range with the admission to trading of the FTSE Italia PIR Mid Cap Futures. These new products respond to the growing demand from international trading companies and asset managers to access an efficient financial instrument that allows for directional trading and coverage in the segment of Italian Mid Cap stocks, which is growing rapidly following the introduction of the Personal Savings Plan (PIR) law. The new futures contract is based on the FTSE Italia PIR Mid Cap Total Return index, not only a benchmark for exchange...

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