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Investegate |Prospex Energy PLC Announcements | Prospex Energy PLC: 2020 Final Results

Investegate |Prospex Energy PLC Announcements | Prospex Energy PLC: 2020 Final Results
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Italian luxury brand Brioni announces restructuring; to cut 320 jobs

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Pic: Brioni
Luxury brand Brioni has revealed its new industrial plan for the period of 2021 to 2025 that involves laying off 320 people across its production lines. The decision comes in the wake of the pandemic and changing consumer behaviour due to the lockdowns. The plan was presented at a meeting held inside the Italian Ministry for Economic Development.
Presented to the representatives of the Ministry of Labour, trade unions and the regions of Lombardy and Abruzzo, the plan outlines the restructuring of its three production sites in Abruzzo to rationalise the costs while maintaining its production standards. The brand employs over 1,000 people in its Penne, Montebello di Bertona and Civitella Casanova workshops in this region. ....

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Italy: Po Valley Energy receives environmental approval for Selva and Teodorico natural gas fields

Italy: Po Valley Energy receives environmental approval for Selva and Teodorico natural gas fields
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Prospex Energy PLC (AIM:PXEN) | RNS | Prospex Energy PLC - Full Environmental Approval for Selva Gas Field

Prospex Energy PLC (AIM:PXEN) | RNS | Prospex Energy PLC - Full Environmental Approval for Selva Gas Field
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Piaggio Draws Offers from Four Entities

- March 10, 2021, 11:08 AM
From 19 expressions of interest that were presented for Piaggio, the field of bidders has winnowed down to four. (Photo: Piaggio Aerospace).
The field of bidders for Piaggio Aerospace has narrowed again, with four entities filing non-binding offers by the March 5 deadline. After weighing expressions of interest from 19 potential bidders for Piaggio, the Italian Ministry for Economic Development late last month had extended invitations to five entities from three continents to submit offers.
Piaggio Aerospace commissioner Vincenzo Nicastro will assess the offers and send the analysis to the Ministry for Economic Development to determine the strongest bidder. Negotiations will then begin with that organization. Officials estimated that the negotiating period would last about a month before an irrevocable and binding offer is finalized. ....

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