Falck Group is an Italian
company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...
located in
Sesto San Giovanni
Sesto San Giovanni (; , ), locally referred to as just Sesto (), is a ''comune'' (municipality) in the Metropolitan City of Milan, in the Italian region of Lombardy. It was awarded with the honorary title of ''città'' (city) by decree of 10 Apri ...
. It was founded in 1906 and is one of the oldest companies in the
steel industry
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high elastic modulus, yield strength, fracture strength and low raw material cost, steel is one of the ...
. In the 1990s it turned to the production of
energy
Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...
from
renewable sources
A renewable resource (also known as a flow resource) is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of ti ...
.
It was founded in 1906 in
Milan
Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nea ...
by Giorgio Enrico Falck under the name Società anonima Acciaierie e Ferriere Lombarde. The first and most important
industrial plants were built in
Sesto San Giovanni
Sesto San Giovanni (; , ), locally referred to as just Sesto (), is a ''comune'' (municipality) in the Metropolitan City of Milan, in the Italian region of Lombardy. It was awarded with the honorary title of ''città'' (city) by decree of 10 Apri ...
. In 1931 the company changed its name to Acciaiere e Ferriere Lombarde Falck. The company produced steel and related products, both processed and semi-finished, for over seventy years until the crisis in the mid-seventies when the company began to decline. Its last furnaces closed in 1995.
At the end of the nineties the Falck Group, still run by the Falck family, turned to the production of
renewable energy
Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
, through the subsidiary
Falck Renewables.
See also
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Enrico Falck
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History of Steel Industry
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Steel industry in Italy
The steel industry in Italy originated in the 19th century.
History
The beginnings of the steel industry in Italy were strongly influenced by the modest presence of underground iron ore and coal in particular, that occurred in 1880, an increas ...
*
History of Sesto San Giovanni
References
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External links
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The Story of the Falck Group
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Companies based in Lombardy