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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. Chairman of the board is Luc Rémont (CEO of EDF) and 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 Santa Radegonda power plant, Europe's first power plant. In the following decades Edison continued growing, especially in hydroelectric power, and came to control power distrib ...
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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. Chairman of the board is Luc Rémont (CEO of EDF) and 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 Santa Radegonda power plant, Europe's first power plant. In the following decades Edison continued growing, especially in hydroelectric power, and came to control power distrib ...
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Raul Gardini
Raul Gardini (June 7, 1933 – July 23, 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 tea ...
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Montecatini (company)
Montecatini was an important Italian chemicals company founded in 1888. It was called: ''quasi-monopolist of the Italian chemical industry'' in the time between World War I and the end of World War II. Problems led to a merger with the Edison company in 1966 forming the Montedison company. History The company was founded as a small mining business in Montecatini Val di Cecina operating a copper pyrite mine in 1888. The production increased and a shift from copper ore production to pyrite production as a starting material for sulfuric acid production when Guido Donegani was made director in 1910. Large amounts of sulfuric acid are used for the production of superphosphate fertilizers and therefore Montecatini expanded into this business. By 1920 the company had acquired the two largest phosphate fertilizer producers Unione Concimi and Colla e Concimi. The company became dominant in chemical industry of Italy during the time of Fascist Italy. Montecatini collaborated with RI ...
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Standa
Standa was an Italian chain of department stores. History It was founded in 1931 as ''Magazzini Standard'' (Società Anonima Magazzini Standard) by a former executive of UPIM and subsequently renamed as ''Standa'' (acronym for Società Tutti Articoli Nazionali Dell'Abbigliamento). When it was bought by Montedison in 1966 it had 126 branches all over Italy. It was bought by Silvio Berlusconi in July 1988, through Fininvest, which in 1998 sold the "non-food" stores to the Coin due to a financial crisis. In 1999, the grocery store chain was disbanded and the stores sold by geographical location: the stores based in northern Italy were sold to REWE Group and those based in southern Italy were sold to Conad. The Standa trademark is now officially owned by REWE, which in 2009 rebranded its supermarkets as Billa. In 2014 REWE sold its Standa/Billa supermarkets chain to the French retailer Carrefour. A ''Standa'' store was opened by REWE in Cologne Cologne ( ; german: Köln ; ksh, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 therefore 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 Kingdom it is usually a public limited company (plc), i ...
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Nationalisation
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 usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the 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. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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Fiat
Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary of Stellantis through its Italian division Stellantis Italy. 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 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 seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles employ ...
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Enrico Letta
Enrico Letta (; born 20 August 1966) is an Italian politician who served as Prime Minister of Italy from April 2013 to February 2014, leading a grand coalition of centre-left and centre-right parties. Since March 2021, Letta has been secretary of the Democratic Party (PD). After working as an academic, Letta entered politics in 1998 when he was appointed to the Cabinet as Minister for the Community Policies, a role he held until 1999 when he was promoted to become Minister of Industry, Commerce, and Crafts. In 2001, he left the Cabinet upon his election to the Chamber of Deputies. From 2006 to 2008, he was appointed Secretary of the Council of Ministers. In 2007, Letta was one of the senior founding members of the Democratic Party, and in 2009 was elected as its Deputy Secretary. After the 2013 Italian general election produced an inconclusive result, and following negotiations between party leaders, President Giorgio Napolitano gave him the task of forming a national unity ...
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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 poli ...
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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 wa ...
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Mitsui
is one of the largest '' keiretsu'' in Japan and one of the largest corporate groups in the world. 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. Reykjavik, University of Iceland, p. 15. in Matsusaka, in what is now today's Mie prefecture. From his shop, called Echigoya (越後屋), Mitsui Takatoshi's father originally sold miso and ran a pawn shop business. Later, the family would open a second shop in Edo (now called Tokyo). Takatoshi moved t ...
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Atlantia (company)
Atlantia SpA (formerly Autostrade) is an Italian holding company active in the infrastructure sector, including motorways, airport infrastructure and transport services. 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 is listed on the Borsa Italiana and is a constituent of the FTSE MIB index. The main shareholders are: Edizione (a company of the Benetton family), GIC Pte Ltd, the CRT Foundation, Lazard Asset Management, HSBC Holdings. 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 give a significant contribution, cooperating with other Groups, to the post-war reconstruction of Italy. By the first agreement between ANAS signed in 1956, the companies were committed in co-financing, building and managing the Autostra ...
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