These are strategic days for some of the large Italian companies: to open the dance of the presentations (or updates) of the industrial plans was Generali Italia on March 5th, with a three-year project that focuses entirely on innovative products and technology, going beyond the traditional concept of insurance. And right after the publication of Generali Group accountsThursday afternoon at the Generali Tower in Milan in the presence of CEO Philippe Donnet, it will be up to Eni, which comes out of a 2018 with record growth: the balance sheet – which is made official on Thursday 14 – speaks of 1,85 million barrels produced per day, a 35% increase in refining capacity and a doubling of the net and operating result. The data for the fourth quarter and the 2018 preliminary results recorded organic growth in every sector. the next day, Friday 15, the new strategic plan to 2022 will be unveiled, anticipated on the Eni website by a video which in the meantime discloses the keywords: "Faster, more solid, more sustainable".
One of the first objectives of the group led by Claudio Descalzi will in fact be to focus on research and development: "New technologies increase the accuracy of studies, to further reduce time to market". The upstream projects will also be consolidated, especially with new agreements in the Arabian Peninsula, with a diversification of the asset portfolio also - probably - to avoid geopolitical tensions in some historically important countries such as Libya and Venezuela. Last aspect mentioned in the presentation video, but no less important, is the goal of the decarbonization, to which even a society traditionally linked to fossil energy sources must adapt. The focus will be on "reduction, reuse and recycling" and on the latest generation of biofuels.
After Eni, Tuesday 19 March and this time in Rome, it's up to Poste Italiane, which a year ago presented the close-up of CEO Matteo Del Fante at the Stock Exchange headquarters in Milan focuses heavily on digital payments and especially on the parcel delivery sector, to enhance the company's presence in the e-commerce business, also thanks to the agreement with Amazon. The new strategy, and this should also be confirmed in the light of the agreement reached a few days ago with the unions for 2019, envisages a reorganization of resources, which involves 10.000 hirings over the period of the plan, against a generational turnover that sees early voluntary exit for 15.000 workers. Poste Italiane's plan, like that of Eni, is also spread out until 2022. It also provides for a generous dividend policy and entry into insurance financial services, in particular motor liability.
Instead, the plan that Terna will update on 2023 March in Milan will last until 21, exactly one year after the five-year strategy presented by Del Fante's successor at the helm of the company that manages the national electricity grid, Luigi Ferraris. The plan should be in continuity with the previous one, i.e. with a focus on the development of infrastructure in Italy. In fact, the challenge is to adapt the electricity system to the boom in renewable energies that Italy has witnessed in the last decade, favoring the energy transition underway. “Infrastructural interventions are essential for achieve the decarbonisation objectives in a safe condition and adequate quality standards of the electricity service, minimizing the overall cost for consumers and the system", explained the CEO recently in a hearing before the Chamber, effectively anticipating the central theme of Terna's strategy, which in order to achieve its objectives has allocated more than 5 billion between now and 2023. The company has not neglected the shareholders either, given the policy of increasing dividend increases.
