Word: italiana
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...this is the result of a 1976 court ruling authorizing private local stations to compete with the two staid nationwide networks operated by Radiotelevisione Italiana (R.A.I.), the state broadcasting monopoly. Taking advantage of a lack of regulation, new stations have mushroomed. At present, 385 private stations are battling with R.A.I. and one another for the attention of the owners of Italy's 15 million TV sets. There are 31 stations in the Rome area, twelve in Milan and eight in Turin; even smaller cities have their own stations...
Exxon Controller Archie L. Monroe told the Senators that during the eight-year period, his company approved contributions totaling $27 million by Esso Italiana, mainly to Italian political parties. Monroe said that Exxon called a halt to the payments in 1971 when it discovered that the subsidiary's president, Vincenzo Cazzaniga, since dismissed, had spent an additional $19 million that had not been authorized. Included was a voucher for $86,000 supposedly paid to the Italian Communist Party, which made sweeping gains in regional elections last month partly by boasting that its hands were "clean" of foreign oil money...
...Middle East with an impressive mixture of direct exports and joint-venture projects. The Italians are third; they have built a reputation for handling vast projects more cheaply than either the French or the British, and with an outstanding technical flak. For example, in Bahrain, the Società Italiana Resine of Milan is completing a $12 million desalination plant that it says will be the largest in the world. During March the company and the Cairo daily Al Ahram jointly sponsored a conference on desalination that brought together representatives of nine Arab countries, Britain, France, West Germany, the U.S., Japan...
...head of the Italian subsidiary of Worthington Pump International Inc., the world's largest pump company, Paolo A. Gamboni acquired an asset that continues to elude most Italian business men: he won credibility with labor. While other firms were crippled by strikes or outsize contract settlements, Worthington Italiana multiplied its sales fivefold in the past ten years. In 1970 Gamboni was also put in charge of Worthington companies in five other European countries, and last month he was elected president of Worthington Pump International itself-a subsidiary of Studebaker-Worthington Inc. -which operates in 14 countries and expects...
...enthusiast for planning and new products, Gamboni gave his employees a sense of participation by asking them for new ideas and holding twice-yearly special meetings to brief labor on what the company was doing. When Worthington Italiana went public last year, each of the 750 employees was offered 100 shares of stock at a special price. Now some workers paste stock price quotations on the side of their presses, and others ask Gamboni how long will take the company to amortize the cost of their machines. As new head of Worthington International, he has informed the directors that...