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Cimolai Technology and Armando Cimolai Centro Servizi: no connection with Cimolai Spa

We gladly receive a clarification and a note from the lawyers of the companies Cimolai Technology and Armando Cimolai Centro Servizi which exclude corporate connections with Cimolai Spa today at the center of a turbulent affair centered on the clumsy use of financial derivatives and explain the technological challenges in which they are engaged

Cimolai Technology and Armando Cimolai Centro Servizi: no connection with Cimolai Spa

On behalf of Cimolai Technology SpA and Armando Cimolai Centro Servizi Srl, with reference to the article entitled “Cimolai, the clumsy use of derivatives endangers even a very solid company like that of Pordenone”, published on First Online on Sunday 16 October last, the lawyer Grava, who legally represents the two companies in question, sends us a clarification for the purpose of an “opportune and necessary correction of the aforementioned article” and a note that we gladly publish.

“In the aforesaid article, reference is made generically to the “Cimolai family” in relation to the ownership of Cimolai SpA and the well-known events that concern only this entrepreneurial activity. In particular, in the body of the article it is reported that in the company, Cimolai SpA, "Luigi, Ivana and Roberto work" when in reality Roberto Cimolai does not work (nor has he ever worked) in Cimolai SpA being instead the owner of both Cimolai Technology SpA based in the province of Padova and Armando Cimolai Centro Servizi Srl, based in the province of Pordenone. This information is easily deduced from a simple search on the internet. Likewise Ivana Cimolai, who also died in 2020, never worked in Cimolai SpA having been an entrepreneur herself. Even this information was and is available from a trivial search on the internet.

We are also obliged to point out that Cimolai Technology SpA and Armando Cimolai Centro Servizi Srl are completely separate companies, which have no corporate or other connection with Cimolai SpA which can be referred to by the engineer Luigi Cimolai. The improper association with Cimolai SpA, and its events, of our clients (Cimolai Technology SpA and Armando Cimolai Centro Servizi Srl) as well as their owner, Roberto Cimolai, entails an undeniable negative publicity that is completely unfounded - especially in this particular historical moment - considering that Cimolai Technology SpA and Armando Cimolai Centro Servizi Srl are two very solid companies with strong growth, also appreciated and recognized by the world of information and the press specialized in economics and finance; in this regard, it will only be useful to recall that Il Sole 24 Ore has listed Cimolai Technology SpA among the "Leaders of Growth 2022" companies.

It therefore appears to be clear evidence that the unjust (as well as erroneous) approach of Roberto Cimolai to the organizational structure as well as to the events of Cimolai SpA by Luigi Cimolai does not fit well with the reality of the facts and would cause harm and damage both from the point of view of professional and industrial image of our representatives. In the light of the above and trusting in the well-known professionalism of your editorial staff and of Dr. Bertone, we invite you to correct the cited article and to this end we take the liberty of attaching a detailed note which would ideally complete the correction, asking you to kindly reply. Thanking you for your kind attention, best regards".

NOTE ON CIMOLAI TECHNOLOGY AND ARMANDO CIMOLSAI SERVICE CENTRE

“Cimolai Technology and Armando Cimolai Centro Servizi are two solid companies led by Roberto Cimolai

Cimolai Technology, founded by Roberto Cimolai, creates in collaboration with the subsidiary Armando Cimolai Centro Servizi technologically advanced equipment for special projects, providing solutions that meet the highest standards in terms of performance, safety and reliability. Together, the two solid companies controlled by Roberto Cimolai boast aggregate numbers of absolute importance:

  • Number of employees: 350 people (direct and indirect);
  • 2022 Turnover Forecast: 70.000.000 million;
  • order backlog to date: 150.000.000 million.

Strongly rooted in the territory where it was born but present on a global level, Cimolai Technology is today capable of facing the most demanding engineering challenges. Its entry into the prestigious Il Sole 2022 Ore "Leader of growth 24" ranking is proof that it pursues ever more ambitious development objectives. Among these, the important engineering challenge that is being completed in this period, namely the construction of the largest "full electric" ship lifter in the world, a gigantic motorboat that will enter service at the Hyak Tongue maritime industrial and commercial park Point, in Astoria, Oregon. Two other special solutions by Cimolai Technology can compete in terms of degree of innovation and complexity.

The first is the FBT 300 flatbed trolley for the Europropulsion project of Avio and Ariane Group, in French Guiana, an imposing piece of equipment, specifically designed for lifting, transporting and installing, with millimeter precision, large propellant engines solid "boosters" of the Ariane 6 and Vega C space launchers. The second is represented by the 23 jib cranes (RBCs) in service at the Saudi Aramco shipyard at the King Salman International Complex, in Saudi Arabia. Of 8 types, with different dimensions and capacities, these cranes offer a staggering maximum lifting capacity: no less than 100 tons at an outreach of 65 metres. Cimolai Technology, present in recent days at MONACO YACHT SHOW 2022, the international superyacht fair hosted by the Principality of Monaco, and at BREAKBULK AMERICAS 2022, the main event dedicated to the project cargo sector, organized in Houston, Texas, is proud of its role as ambassador in the world of Italian technological know-how of the highest order.

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