Word: azienda
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...plant, to be built and run by E.N.I.'s subsidiary, A.N.I.C. (Azienda Nazionale Idrogenazione Combustibili), will enable Italy to make better use of its methane, now used as fuel for northern Italian industries. As fuel, the gas would save Italy some $7,000,000 annually in imports. By using the same amount of gas to produce fertilizer and rubber, Italy can make enough money to balance out $40 million worth of imports. Eventually, as rubber production climbs, Italy even hopes to sell enough to supply a large portion of Europe's synthetic-rubber needs. Furthermore, E.N.I...
Mattei, a carabiniere's son and a wartime partisan, got into the oil business in 1945 when he was made Northern Commissioner of E.N.I.'s predecessor, the state-owned A.G.I.P. (Azienda Generale Italiana Petroli), with the job of selling off its assets. Mattei defied the orders, kept his equipment and put prospectors to work in Italy's big Po Valley. Soon, Mattei was boss of all A.G.I.P. His geologists found a big methane gas deposit with an initial production (1.5 billion cu. ft.) greater than all the rest of Italy's fields. By 1953, Mattei...
...guarantee that it can convert at least $14,487,500 of its Italian dividends into dollars over the next twelve years. It is the largest EGA guarantee yet, the first to an oil company. By the deal, Standard got 50% of the capital stock of Italy's ANIC (Azienda Nazaionale Idrogenazione Combustibili), 40% controlled by the Italian government...
| 1 |