Word: mattei
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Dates: during 1960-1969
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Died. Marcello Boldrini, 79, Italian scholar-turned-executive who in 1962 succeeded the dynamic Enrico Mattei as president of Ente Nazionale Idrocarburi, Italy's worldwide, state-owned oil corporation; of a brain tumor; in Milan. A onetime professor of statistics, Boldrini joined ENI in 1948 as president of its distributing company, and was vice president of the sprawling complex by the time Mattei died in a plane crash; critics dismissed the 72-year-old statistician as an "interim pope," but in his five-year reign he proved to be as expansive and guileful as his predecessor, plunging ENI into...
There is practically no oil in Italy, yet the state-run E.N.I, monopoly became a world petroleum power under the late Enrico Mattei and his successor, Eugenio Cefis. Mattei bought crude from the Soviets, developed natural-gas resources in the Po Valley, and proudly declared that in building E.N.I., "I broke 8,000 laws." To sidestep Cyclopean bureaucrats-with their time-consuming rules about building permits and their endless paper work-he laid the pipelines at night, while the officials slept...
Political meddling in business is as commonplace in Italy as pasta on the dinner table. The late Enrico Mattei, for instance, operated E.N.I., the giant government petroleum complex, almost as a financial arm of the Christian Democratic Party. A major exception to the rule has been Rome's Banca Nazionale del Lavoro, which for 53 years has kept out of politics even though the Treasury Ministry is its majority stockholder...
...British branch of ENI, called AGIP (Great Britain) Ltd., was launched four years ago by the late Enrico Mattei, ENI's aggressive boss. Alert to the British potential and anxious to bite into the home market of British oil companies (which then controlled 25% of Italian sales), Mattei opened the biggest, neatest stations that Britain had yet seen. He intended to add a refinery, but his deal to build one fell through. AGIP ran into increasing competition, began to lose money. ENI Boss Eugenio Cefis, who took over after Mattei died in an airplane crash three years ago, decided...
...astonishment of most Italian businessmen, the long feud between E.N.I, and Gulf Italia ended, and the two protagonists prepared to join in a $150 million oil deal. Nicky Pignatelli, 40, is no man to run from a fight; he had held off the left by forcefully debating Mattei face to face, once successfully sued a Communist newspaper for libel after it accused Gulf Italia of using improperly obtained government surveys to locate its oil. On the other hand, the prince is not inclined to fight needlessly when a deal can be made. E.N.I.'s pipelines and service stations stretch...