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30-507: The company is active in over 50 countries of 5 continents (Africa, America, Asia, Europe, Oceania) with more than 85,000 employees. Its experience ranges from the construction of dams, hydroelectric plants and hydraulic structures, water infrastructures and ports, to roads, motorways, railways, metro systems and underground works, to airports, hospitals and public and industrial buildings, to civil engineering for waste-to-energy plants and environmental protection initiatives. It takes first place in

60-545: A complex central structure derived from the merging of former ministries and from various modifications: main variations have been made with the legislative decree n. 173 of 3 July 2003, and the decree of the President of Republic n. 227 of 3 July 2003. The Ministry was reorganized with the Presidential Decree n. 43 of 30 January 2008 which established offices in direct collaboration of the minister and proper departments of

90-405: A fully electronic trading system. Among its leading tasks, Borsa Italiana supervises listed companies, defining rules for admission and listings and supervising transaction activities. The exchange has pre-market sessions from 8AM to 9AM, normal trading sessions from 9am to 5:30PM and post-market sessions from 6PM to 8:30PM on all days of the week except Saturdays, Sundays, and holidays declared by

120-671: A political opposition due to the great power concentrated in the hands of minister Pietro Campilli, and the project was abandoned for over fifty years. MEF was created with the Bassanini reform which unified the economical ministers with the legislative decree n. 300 of 1999. In 2001 the Berlusconi II Cabinet applied the reform and the MEF was created with the merger of former ministries: the Ministry of Treasure, Budget and Economic Programming and

150-505: Is essentially responsible for dealing with financial crimes and smuggling; it has also evolved into Italy's primary agency for suppressing the illegal drug trade. It directly depends on the MEF and hierarchically on the General Command of Guardia di Finanza headquartered in Rome. MEF holds shares in strategic companies and public entities. Main shareholdings are the followings: MEF oversees

180-506: Is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as Piazza Affari ( lit.   ' Business Square ' ), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building) is located. Borsa Italiana is chaired by Claudia Parzani, and Fabrizio Testa is the CEO. Borsa Italiana is regulated by

210-490: Is organised into four business areas: Dams, hydroelectric plants and hydraulic works; Motorways and airports; Railways and undergrounds; Civil and industrial buildings. The company's projects include 257 dams and hydroelectric plants; 6,830 kilometres (4,240 miles) of railway lines; 1,450 kilometres (900 miles) of underground works, 400 of which subway lines; 51,660 kilometres (32,100 miles) of roads and highways; and 350 bridges and viaducts. The sustainability rating assigned to

240-612: The Agenzia delle entrate , while the Agenzia delle dogane absorbed the Amministrazione autonoma dei monopoli di stato ('Autonomous Administration of State Monopolies'). According to the legislative decree n. 300/1999, MEF carries out functions and purposes of the State about economic policies , public finance and budget in relation to the programming of public funding, coordination of public expenditure and its control, fiscal policies and

270-664: The Commissione Nazionale per le Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance , based in Rome. As of April 2018, overall capitalisation for listed companies on Borsa Italiana was worth €644.3 billion, representing 37.8% of Italian GDP . The Borsa di commercio di Milano (Milan Stock Exchange) was established by Eugène de Beauharnais , viceroy of the Napoleonic Kingdom of Italy , through decrees dated 16 January and 6 February 1808. It overtook

300-668: The Dipartimento dell'Amministrazione Generale, del Personale e dei Servizi ('Department of General Administration, Personnel and Services') but the Ministerial Decree of 23 December 2010 established the interruption of its activities. The functions of DTEFs have been adsorbed mostly by the RTS but not all its personnel, because a part of it has passed in the Agency for Monopolies. Fiscal agencies are completely autonomous but they work closely to

330-541: The European group assumed control of the company. Its weight on the total Italian economy is growing: the overall capitalization of listed companies in December 2021 stood at 757 billion (equal to 43.1% of GDP), up by 24.7% compared to 2020. Borsa Italiana acts as a market management firm operating with autonomy and flexibility. It organises and manages the domestic stock market along with Italian and international brokers through

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360-558: The Exchange in advance. Major trading markets for Borsa Italiana are: Borsa Italiana also include markets for derivatives (IDEM), ETF (ETFPlus) and bonds (MOT). Borsa Italiana's main indices are: For a full list see Category:Companies listed on the Borsa Italiana . Notes Ministry of Economy and Finance (Italy) The Ministry of Economy and Finance ( Italian : Ministero dell'Economia e delle Finanze ), also known by

390-537: The Italian Bourse was established and became effective on 2 January 1998. On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group . This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext . Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It

420-628: The MEF. At peripheral level, MEF is organized in Ragionerie Territoriali dello Stato (RTS, 'Territorial State Accounts') which depend organically and functionally on the Dipartimento della Ragioneria Generale dello Stato ('Department of the General State Accounting'). Until 28 February 2011, there were also the Direzioni territoriali dell'economia e delle finanze (DTEF, 'Territorial Directions of Economy and Finance') depending on

450-627: The Minister. The main entities are: Agencies have own headquarters in Rome and peripheral offices in all the national territory. Within the Ministry there is the Consiglio di presidenza della giustizia tributaria ('Presidential Council of Tributary Justice'), a body of self-government of tax judges with similar purposes to the High Council of the Judiciary . Tax judges operate in the tax commissions and have

480-457: The Ministry gives the goals to fulfil and appoints the directors. MEF undergoes supervisory tasks on entities, activities and functions related to the relationship with the authorities of supervision and control required by law, according to the art. 23, paragraph 2 of the legislative decree 300/1999. The minister of economics is a member of the Supreme Council of Defence. The Ministry has

510-466: The Ministry of Finances. Four fiscal agencies were connected to the Ministry: Agenzia delle entrate ('Revenue Agency'), Agenzia del territorio ('Land Registry'), Agenzia del demanio ('State Property') and Agenzia delle dogane e dei monopoli ('Customs and Monopolies'). These entities are completely autonomous but they work closely with the MEF. In 2012, Agenzia del territorio was merged into

540-650: The acronym MEF , is a ministry of the Italian government . Its responsibilities include overseeing economic policy, public investments and spending. The Ministry's headquarters are located in Rome 's historic Palazzo delle Finanze . The current minister in the Meloni Cabinet is Giancarlo Giorgetti . Already in 1947 the De Gasperi III Cabinet tried to merge the pre-existing Ministries of Treasure and Finance but it found

570-466: The agreement to merge in an all-stock deal with Deutsche Borse , but was subsequently blocked by the EU Competition Regulator. On 18 September 2020, the London Stock Exchange Group entered into exclusive talks to sell the Italian Bourse to Euronext . On 29 April 2021, following the entry of CDP Equity and Intesa San Paolo (Italian institutional investors) as shareholders of Euronext,

600-504: The board approved Salini’s offer to buy the rest of Impregilo. Pietro Salini became chief executive. A few months later, the board approved Salini’s plan. In 2013, Salini launched a tender offer to buy the remaining ordinary shares in Impregilo. In January 2014 the transaction was completed forming Salini Impregilo. In 2016, it acquires Lane Industries, based in Connecticut . In May 2020,

630-459: The cohesion policies, with the help of the Chambers of Commerce. According to art. 56 of the legislative decree 300/1999, MEF analyses the fiscal system and the choices on the tributary and treasury entries at the national, community and international level, as well as on the coordination activities. Its activity is coordinated with the four fiscal agencies, regulated by a dedicated agreement, to which

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660-666: The company by Standard Ethics Aei is E+ ( Low ). Projects in which the company has been involved include buildings, public utilities, motorways, underground works, airports, water supply systems, waste disposals, hospitals and land development. Some major examples include: Borsa Italiana Borsa Italiana , based in Milan at Mezzanotte Palace , is the Italian stock exchange . It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies. Following exchange privatisation in 1997,

690-574: The company was rebranded as Webuild. In November 2020, Webuild acquired a 65% shareholding in Astaldi . In November 2022, Webuild announced that, subject to due diligence, it would acquire the Australian based company Clough Group . The company undertakes the following types of works: dams, hydroelectric power plants, railways, tunnels, undergrounds, bridges, viaducts, highways, roads, ports, airports and prestigious residential and office complexes. The group

720-435: The coverage of financial requirement. The Ministry verifies the quantification of the resulting charges of measures and changing of laws and it monitors the public expenditure, coordinating and verifying its trends and doing the controls required by law. The economical and financial planning is made by MEF, which coordinates and verifies the interventions for the economical development in territorial and sectorial fields and for

750-536: The electronic exchanges were approved, and in 1994, the market with grids (A, B, C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing. On 1 October 2007, Borsa Italiana was merged with the London Stock Exchange in an all-share takeover, thus becoming part of the London Stock Exchange Group. In March 2016, the London Stock Exchange Group announced

780-511: The following year. The acquisition set a precedent in Italy because it was the first proxy fight for control of a company to occur in the country. Despite the opposition it faced from a group of investors, Salini managed to convince enough shareholders at an assembly in July 2012 to approve its proposal to replace Impregilo’s board of directors with its own list of candidates. Once in place, these new members of

810-557: The historically poorly regulated Borsa di Genova , later becoming the Italy's main stock exchange after the Panic of 1907 . It operated under public ownership until 1998, when it was privatized. In 1997, all the Italian stocks were merged. Before that year, other smaller stocks exchanges were based in Naples , Turin , Trieste , Venice , Genoa , Florence , Bologna , Rome , and Palermo . In 1991,

840-481: The status of honorary magistrates, and they are appointed by the Minister of Economy and Finances on designation of the Presidency Council of Tax Justice. The Guardia di Finanza is a militarized police force with tasks regarding investigation, prevention and repression of administrative and penal violations in the field of taxation, customs, currency and fiscal as well as judiciary police. The Guardia di Finanza

870-411: The tributary system, properties of the State, cadastre and customs, planning, coordination and control of interventions for the economic, territorial and sectorial development and policies of cohesion. MEF organizes and manages the State budget, including the fulfilments of treasury and verifies the related trends and cash flows, ensuring the operating connection with the accomplishments in the field of

900-591: The water sector of the Engineering News-Record rankings, the benchmark for the entire construction industry. The company is listed on the Borsa Italiana . It is directed by Pietro Salini . The company was founded as Impregilo in 1959 and expanded following a merger with Cogefar-Impresit S.p.A., Girola S.p.A. and Lodigiani S.p.A. in 1990. In 2011 Salini, privately held, began its acquisition of Impregilo with an initial purchase of shares, reaching 25%

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