Economy and finance
773 news found
Economy and financePrivate equity: investments in retail in Italy are growing
In 2021 operations for 557 million. Resca (Confimprese): "Synergistic relationship between finance and retail"
After two years of pandemic, in which the number of private equity and venture capital operations in retail has suffered a setback, going from 33 deals in 2019 to 19 in 2020 (-42%), 2021 has started running... more
Economy and financeGrowing market for plant proteins (including 3D printed)
Spanish startup Cocuus has raised €2.5 million in a funding round
Spanish startup Cocuus has raised €2.5 million in a pre-series A funding round to boost its production of plant-based protein foods. The round was led by Big Idea Ventures, the global alternative protein f... more
Economy and financeUnifrutti, revenues of $ 720 million (+ 2%) in 2021
Agreement for the acquisition of the Abu Dhabi Adq
The Unifrutti Group, a global producer and distributor of fruit and other fresh products, recorded a total turnover of 720 million dollars for the year 2021, up 2% compared to the pro forma 2020 turnover,... more
Economy and financeHigh Quality Food debuts on the stock exchange
The group specialized in b2b food distribution is listed on the Egm list of Piazza Affari
High Quality Food, an Italian group active in the agro-industrial sector for the distribution of high quality food products to foodservice, has received from Borsa Italiana the notice of admission to trading... more
Economy and financeIfad, the first historic bond for rural development
Issue of bonds for 100 million dollars in collaboration with the Swedish Folksam
The International Fund for Agricultural Development (IFAD) today announced its first sustainable development bond issue in partnership with Folksam, Sweden's leading insurance and pension fund management... more
Economy and financeWine, positive first four months for Brunello
Almost sold out for 2016, 60% of 2017 production already on the market
First four months in good health for Brunello di Montalcino, with the 2 vintages making its debut on the market (Riserva 2016 and 2017) protagonists of excellent performances. This was revealed by the... more
Economy and financeCrich biscuits, new growth, development and sustainability plans
From UniCredit, Bnl and Sace, credit lines amounting to 22 million euros to finance the projects
UniCredit and Bnl Bnp Paribas support the growth plans of the Nuova Industria Biscotti Crich with new credit lines for a total of 22 million euros. The credit lines thus structured, assisted by Sace through... more
Economy and financeSoftware: for Glickon investment round with 3 million from Sinergia Venture Fund (Synergo Capital SGR)
The capital will be used to support the company's market expansion in Italy and abroad
Glickon, a leading company in the HR tech software market for medium and large enterprises, has announced a Series A investment round, with €3 million already subscribed by Synergo Capital SGR's Sinergia V... more
Economy and financeFruttagel, turnover in 2021 at 132.3 million euros
6.2 million invested in production efficiency; focus on energy saving and logistics in the next three years
Fruttagel, an agro-industrial processing cooperative from Alfonsine (Ravenna), today presented the 2021 financial statements: turnover at 132.3 million Euros, up + 2.6% compared to the previous year, and... more
Economy and financeAutogrill: growing revenues driven by Italy and North America
The Group publishes the results as at 30 April 2022 and the guidance for the current year
The board of directors of Autogrill SpA examined and approved the consolidated revenue figures for the first four months, as at 30 April 2022. The company reported revenues of € 1,037.4m (€ 530.7m in... more
Economy and financeSales of fairtrade products are growing
More revenues for farmers and workers organizations in Asia, Africa and Latin America
The new annual report of Fairtrade Italy activities “The future is fair: supply chains and rights” was presented in Milan, which summarizes the sales trend of certified fair trade products in Italy and... more
Economy and financeBuona Compagnia Gourmet (gnocchi) is for sale
Several private equity companies would be interested in the Treviso company
Buona Compagnia Gourmet is a company of Quinto di Treviso controlled by Gradiente Sgr, with a turnover of 50 million and specialized in the production of potato gnocchi and ready-made sauces. The company... more
Economy and financeMutti: turnover doubled in 5 years
In 2021, revenues of 484 million. The company entered the fresh market with ready-to-use soups
Mutti, a company engaged in Europe in the processing of 100% Italian tomatoes, continues to grow and closes 2021 with a turnover of 484 million euros, a figure almost doubled compared to 5 years earlier,... more
Economy and financeCrédit Agricole Italy supports artisans and micro-small businesses
100 million euros mobilized to face the persistence of the international crisis
Crédit Agricole Italia and Confartigianato Imprese have structured a common plan of interventions aimed at accompanying artisans and micro-small businesses in an economic phase characterized by the persistence... more
Economy and financeLogistics: Dea Capital Iberia creates new pole
New platform in Madrid for EcoQuimica
DeA Capital Real Estate Iberia has acquired a 15,400m2 plot of land located in Pinto, Madrid, with the aim of developing a new platform in the last mile logistics sector. The project consists in the creation... more
Economy and financeVeronafiere overcomes the pandemic: turnover of 73.6 million euros
Federico Bricolo has been elected as the new president of the three-year period 2022-25
The shareholders' meeting of Veronafiere Spa unanimously approved the financial statements as at 31 December 2021. The final results for 2021 at Group level show a turnover of 73.6 million euros, with... more
Economy and financeLa Doria, 1Q 2022 in growth
Turnover of 238.4 mln, net profit of 14 mln
The board of directors of La Doria SpA, a Group engaged in the production of tomato derivatives, sauces, legumes and fruit juices under the large-scale retail trade, has approved the interim management... more
Economy and financeItalian Exhibition Group leaves Covid behind
Revenues increase driven by the reopening of sector fairs
The board of directors of Italian Exhibition Group SpA (Ieg), a company listed on Euronext Milan, approved the interim management report as of March 31, 2022. The Group's revenues amounted to 38.0 million... more
Economy and financeVending: IVS numbers confirm post-Covid recovery
In the 1Q, increase in turnover (+ 16.3%) and in Adjusted Ebitda (+ 25.8%)
The consolidated turnover of the 1st quarter of Ivs Group, the Italian leader in the vending sector, amounts to Euro 92.4 million, with an increase of 16.3% compared to the Euro 79.5 million of 2021. 1%... more
Economy and financeDe' Longhi, growing quarter driven by the coffee trend
Consolidated results approved: revenues up 8.4%
The consolidated results for the first quarter of 2022 have been approved by the board of directors of De 'Longhi SpA. Massimo Garavaglia, CEO of De' Longhi commented: “We are very satisfied with the r... more
Economy and financeMarr: the assembly approves the 2021 financial statements
Distribution of a gross dividend of € 0.47 per share approved
The shareholders' meeting of Marr, a company of the Cremonini group among the leaders in Italy in the marketing and distribution of food and non-food products to foodservice, approved the financial statements... more
Economy and financeDeA Capital: Marco Sala new president
Paolo Ceretti confirmed as CEO. Extraordinary dividend approved
The shareholders' meeting of DeA Capital SpA met under the chairmanship of Lorenzo Pellicioli and approved the financial statements at 31 December 2021, which closed with a profit of 28.4 million euros... more
Economy and financeNestlé Global, positive sales in the first 3 months of 2022
"We expect organic turnover growth of around 5% by the end of the year"
Nestlé has disclosed its sales performance during the first three months of 2022. Mark Schneider, CEO of the Group, commented: "In these first months of the year, the war in Ukraine has caused untold... more
Economy and financeAutogrill: negotiations with the Swiss Dufry group?
"To deepen and promote development and create value for all stakeholders"
Sale, takeover (hostile or friendly), stew: the hypotheses on the future of Autogrill have intensified in recent days, also thanks to the jump on the octave stock market before Easter. Up to the indiscretions,... more
Economy and financeAgritech: Tamburi invests in Simbiosi
The company is specialized in technologies for environmental protection
The investment holding Tamburi Investment Partners has signed an agreement to acquire 28.5% of Simbiosi, technology provider for agribusiness and the circular economy, parent company of some companies,... more
Economy and financeLongino & Cardenal: consolidated results at 31 December 2021 approved
Revenues up by + 36.3% compared to the previous year; strong growth of the Dubai subsidiary
The board of directors of Longino & Cardenal SpA, active in national and international haute cuisine, met today to approve the consolidated financial statements and the draft financial statements at 31... more
Economy and financeCompagnia dei Caraibi: positive performance of the On and Off-Trade channels
First consolidated financial statements from listed with double-digit growth
The board of directors of Compagnia dei Caraibi SpA benefit society, a Piedmontese company engaged in the import, development, brand building and distribution of spirits, wines and soft drinks from premium... more
Economy and financeCdp leaves Bonifiche Ferraresi
The share package is put up for sale
Restructuring in sight for BF Spa, the controlling holding of Bonifiche Ferraresi: Cdp Equity (Cassa Depositi e Prestiti Group) second shareholder with 18.9%, has decided to sell the shareholding. The... more
Economy and financePrivate Equity: Carlyle launches the auction for Irca
The historic Gallarate chocolate company had a turnover of 360 million in 2021
The auction for the sale of Irca, the historic manufacturer of chocolate, ingredients and semi-finished products for confectionery, bakery and ice cream in the B2B segment, of which the private equity... more
Economy and financeNewlat: revenues up 18% in 2021
The Group is aiming for a billion euro turnover by the end of the year
The board of directors of Newlat Food SpA examined and approved the company's draft financial statements and the consolidated financial statements for the year 2021. The data relating to 2021 confirm a... more
Economy and financeGetir closes $768 million Series E round
The company achieve 40 million downloads in nine countries
Getir, the company known for ultra-fast delivery of groceries, announces today that it has closed a $768 million Series E round, bringing the company's valuation to $11.8 billion. The round is led by Mubadala... more
Economy and financeValsoia: revenues up 9% in 2021
Positive trend both for the healthy food division and for the traditional one
The board of directors of Valsoia SpA met today and approved the results for the 2021 financial year. The chairman Lorenzo Sassoli de Bianchi commented: "we are very satisfied with the result for the year... more
Economy and financeDeA Capital: net profit of 23.8 million euros
The Board of Directors approved the financial statements at 31 December 2021
The board of directors of DeA Capital SpA met, chaired by Lorenzo Pellicioli, to examine and approve the consolidated financial statements of the Group and the draft financial statements of the parent... more
Economy and financeAutogrill: turnover in 2021 at 2.6 billion euros
Loss of 37.8 million. Italy is worth 766.5 million (+ 33.6%)
The board of directors of Autogrill SpA, which met today, examined and approved the consolidated results as at 31 December 2021, including the 2021 Non Financial Information Declaration and the annual... more
Economy and financeCaffè Borbone drives the accounts of Italmobiliare
Growth results also for the subsidiaries Capitelli (cured meats) and Callmewine.com
The board of directors of Italmobiliare SpA, which examined the 2021 financial statements, with revenues of 1,579 million euros, showing an overall improvement of 25% compared to 2020 and growth of more... more
Economy and financeBofrost: turnover of 310.9 million in 2021-22
Renewed logo and expansion of the fresh range to conquer new market shares
Bofrost Italia SpA, an important Italian company engaged in the home sales of frozen and fresh specialties, closed the 2021-22 financial statements at the end of February with a turnover of € 310.9 million, w... more
Economy and financeContri Spumanti: Credem PE acquires minority interest
Investment of 18 million euros
Credem Private Equity sgr, the private equity management company of the Credem Group, has completed the acquisition of a minority stake in the controlling vehicle of Contri Spumanti spa through the three... more
Economy and financeJde Peet's: increases turnover in 2021
Organic double-digit sales growth expected in 2022
Jde Peet's, a Dutch company known for being one of the largest pure-plays in the world for coffee and tea, has released its financial results for the full year of 2021. Organic sales increased by 6.1%... more
Economy and financeKeurig Dr Pepper, sales increase in 2021
Growth mainly driven by the cold drinks portfolio
Keurig Dr Pepper (Kdp) reported a 9.2% increase in net sales to $ 12.68 billion in 2021, driven primarily by growth in its cold drinks portfolio. The company's fourth-quarter net sales increased 8.7% to... more
Economy and financeAB InBev "recovering" in 2021
Revenues up 12.1% in the fourth quarter and 15.6% for the full year
Anheuser-Busch InBev, the world's largest brewer, reported revenues up 12.1% in the fourth quarter of 2021 and 15.6% for the full year. The Group reported a 23.5% increase in the combined revenues of the... more
Economy and financeSan Daniele Dop ham: turnover up 14% in 2021
2.8 million hams sold for a total of 350 million euros
The increase in the number of processed thighs and pre-sliced trays led to an increase in sales compared to last year. Excellent results also on the export front. more
Economy and financeDanone, quarterly sales exceed estimates in 2021
The Group will raise prices to offset cost inflation
Danone, the big French food company, known above all for dairy products and mineral waters, recorded an increase in net sales of 3.4% on a like-for-like (Lfl) basis in 2021, a result slightly above analysts'... more
Economy and financeHeineken: beer volumes and revenues up in 2021
The Group publishes the financial data relating to the entire fiscal year
The Dutch brewery group Heineken closed 2021 with a net profit of 2.04 billion euros, an improvement on the loss suffered in 2020 due to the pandemic. The group, in a note, also announced that it had recorded... more
Economy and financeNestlé: a 2021 of perseverance and growth
The Group publishes the financial data relating to the entire fiscal year
Nestlé, a multinational company active in the food sector, based in Vevey, Switzerland, has released its results for the entire fiscal year 2021. The company's organic growth reached 7.5%, with real internal... more
Economy and financeAutogrill: preliminary figures as of 31 December 2021
The results of last year improved compared to guidance -ATTACHMENT
The Board of Directors of Autogrill SpA today reviewed and approved the preliminary consolidated revenue performance for the twelve months ended 31 December 2021. Preliminary figures as of 31 December... more
Economy and financeThe Coca-Cola Company "resists" to a 2021 of uncertainties
Revenues up 17% to $ 38.7 billion
In 2021, the net revenues of the multinational The Coca-Cola Company increased by 17% to 38.7 billion dollars. "In 2021, our system has demonstrated resilience and flexibility in going through another... more
Economy and financeFerrero: global turnover reaches 12.7 billion euros
The Group has approved the consolidated financial statements at 31 August 2021
Ferrero International SA, parent company of the Ferrero Group, has approved the consolidated financial statements for the year ended 31 August 2021. The Group, of which Giovanni Ferrero is executive chairman... more
Economy and financeCdp Venture Capital invests in Quomi
The meal kit startup reaches the collection target of 900,000 euros for 2021
New growth prospects for Quomi, the Italian startup born from an idea of Andrea Bruno and Daniele Bruttini, which continues its growth path and closes the year with an investment round by Fondo Rilancio... more
Economy and financeRice: Illimity Bank supports the development of Sp
Intervention of 8 million for the development of an innovative and sustainable industrial plan
Illimity Bank SpA granted a medium / long-term loan worth approximately 4.3 million euros in favor of SP SpA, a company active in the processing, packaging and marketing of rice on a national and international... more
Economy and financeDe' Longhi, + 36.8% revenues in 2021
The coffee machine segment shows double-digit growth
De 'Longhi closed 2021 with revenues of 3,217 million euros, up by 36.8% (+38.2 at constant exchange rates) and by 24.1% on a like-for-like basis. In particular, growth in the fourth quarter was 21.6%... more