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05 May 2018
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Companies, Financial, Stock Exchange, Italian eyewear, World Primacy, 90% Export for 3.7 billion euros total

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The Italian eyewear sector is confirmed as the first in the world, above all thanks to exports. With a largely inactive trade balance (2,484 million euro for the export-import balance), Italy also confirms its leadership in the global eyewear sector in 2017. A success largely achieved thanks to exports, for which 90% of production is destined, for a total of 3.7 billion euro, with a growth of + 3.2% (2017), according to the latest data from Anfao (National Association) Manufacturers of Optical Articles). The most "loyal" glasses made in Italy? Europeans and Americans, which respectively account for 50% and 31.5% of the sector's...

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05 May 2018
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Companies, Financial, Stock Exchange, Funds, Mechanics, Italian Excellence, Total turnover of over 46 billion euros

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Italian factory, Innovation, Boosted by Industry 4.0, Business Integrations Among the strongest sectors in the sector we find those of hydraulics and hydraulics Mechanics has always been the driving force of Italian industry. And the hydraulic and hydraulic pumps sector represents a real excellence thanks to the push of the Interpump colossus With a total turnover of over 46 billion euro, for more than 210 thousand employees (data Anima-Federation of the National Associations of Mechanical Industry varies and similar), mechanics is confirmed the flagship of Italian industry, thanks also to the boost given by Industry 4.0, industrial automation linked to the "digital revolution". Among the...

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30 April 2018
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Financial, Stock Exchange, ATFund, Funds, Listed Open Funds, big opportunities, “private” dimension

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ATFund is the Borsa Italiana market dedicated to trading open listed funds. ATFund guarantees efficiency, transparency and ease of access and negotiation to investors in collective asset management instruments. Purchase the funds directly on the price list without going through the network In the long run, the reduction of costs can improve the return on investment. "The magic of compounding" And essential lines by Giuseppe Ganci, Chief Investment Officer. Benefits offered by the listing of funds: "It gives us access to a large audience of investors, to whom we offer lower costs and quality in management; the cut is quite "private": the funds are at the service of...

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30 April 2018
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Companies, Agri-food sector, Transparency of agri-food markets, single commissions established, Directorial decrees of 19/04/2018

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With the directorial decrees of the Ministry of agricultural policies, together with the Ministry of Economic Development of 19 April, the first 5 Single National Commissions - CUN were established, relating to some of the most representative sectors of the Italian agri-food sector, renewed and aligned with the legislation introduced in 2015. For the already existing Commissions the provisions on the matter have been implemented aimed at ensuring greater transparency in contractual relations between market operators and in developing a single indicative price at national level, using the secretariat assigned to Borsa Merci Telematica Italiana scpa - BMTI . Since the start...

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26 April 2018
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Administrative, Procedure, Reference for a preliminary ruling to the EU Court of Justice, Court decision, Consequence on the decision of the national court, Tar Catanzaro, sect. I, 16 April 2018, Judgment no. 878

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Consequence on the decision of the national judge of the ruling of the EU Court of Justice The preliminary reference system referred to in Article 267 TFEU clearly divides the tasks of the authorities, giving the EU Court of Justice the role of interpretation of EU law, without attributions in the resolution of the case, and to the national judge the decision-making role of the controversy by virtue of the procedural emergencies and of the internal law, possibly through the non-application of the national law contrary to the law of the union (1). (1) He clarified the Tar that, with the return...

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26 April 2018
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Administrative, Building, Building Permit, Building Assessment, Subject to Suspension or Termination, Exclusion, Cons. St., sect. IV, 19 April 2018, Judgment no. 2366

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Nature of non-negotiating settlement of the provision The building permit can not be submitted on condition, unless it is required by law The building permit can not be subjected to conditions, whether suspension or termination, given the nature of a non-negotiating assessment of the provision, with the consequence that this title, once it is verified compliance with the current planning regulations, must be released from the Municipality without conditions that are not expressly provided for by a law (1). (1) He recalled the Section that only with specific and limited reference to the hypothesis of the permit conditional on the acquisition of an...

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21 April 2018
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Special Companies, Public Economic Bodies, Contracts, Form, Judgment in the United Sections, Court of Cassation, III Civ. Section, Order n. 3566 of 14/02/2018

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Question referred to the judgment of the United Sections Establishing whether the contractual will of special companies owned by the State or public bodies must (or not) necessarily be written down is a matter of particular importance. - Special companies (defined as independent business structures with respect to the advertising organization) of local authorities are public economic bodies subject to public law rules as regards their internal organization and to private law regulations regarding the economic activity from the same outstanding. Reforming the first sentence, the Court of Appeal rejected the opposition basing on the jurisprudence of the United Sections of this Court...

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21 April 2018
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Company Law, Banking, Corporate Mergers, Current Account Remittances, Bank account balance pledge, Court of Cassation, I Civ. Sec., Order n. 5481 of 07/03/2018

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Current account repayments, mergers between companies, irregular pledges or regular pledges. In terms of fusion, as stated among the last ones in the pronunciation 1376/2016, referring to the pronunciation of the Sec. 19698/2010, regarding the merger, art. 2504 bis of the Italian Civil Code, introduced by the reform of company law (Legislative Decree No. 6 of 2003), has an innovative and non-interpretive nature and, therefore, the principle, which can be deduced from it, whereby the merger between companies results in an affair merely evolving - modifying the same legal entity, which retains its identity, even in a new organizational structure, does not...

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