Word: volpi
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Last week the utility interests of Count Giuseppe Volpi di Misurata, onetime (1925-28) Italian Minister of Finance, crossed the. English Channel and arrived in the British Isles. Their advent was signalized by the formation of British & International Utilities, Ltd., a corporation designed to acquire stocks in leading utilities of the British Isles and the British Empire. Control of this company was shared by the Volpi-formed Compagnie Italo Belge pour Enterprises d'Electricité et d'Utilité Publique, commonly known as Cibe, and by Dawnay, Day & Co., Ltd., London merchant bankers. Count Volpi is chairman; Lord...
British & International Utilities, Ltd., is of particular importance to U. S. utility men because of the U. S. interests associated with Volpi enterprises. In the course of expanding from the north-Italian district in which, in 1904, he organized his first utility company, Count Volpi became associated with Sidney Zollicoffer Mitchell, whose Italian Superpower Co. has a large interest in Adriatic Electric Co., parent Volpi company. In February (TIME, Feb. 17) Count Volpi together with the Mitchell, Bonbright and Field, Glore (Chicago) interests, organized European Electric Corp., Ltd., utility investment company with a Canadian incorporation and trans-Atlantic objectives. British...
Italo-Belge (Italian-Belgian Electric & Public Utility Co.) was formed in 1928 by Count Volpi. It is chiefly a construction and managing company, has at its disposal the engineers of Adriatic Electric...
Adriatic Electric Co., formed in 1904 by Count Volpi, serving Venice, Trieste, Bologna, Verona, Padua, and other centres in 15 northern provinces. In the last seven years its output has increased 110% and it now ranks as one of the leading Italian power companies. A big stockholder is the Italian Superpower Corp., of which Sidney Zollicoffer Mitchell is executive committee chairman and his son, S. A. Mitchell, chairman of the board...
Europel (European Electric & Public Utility Co.) is largely held by Italo-Belge. It has minority interests in many European companies, will bring European Electric valuable affiliations with bankers and utility men. Europel was formed last year by Count Volpi together with Electrobank (Bank for Electric Enterprises, Zurich), one of Europe's greatest electric trusts...