Tuesday, January 26, 2010

Historical Exchange Rates 1980

Fiat cars made in Sicily

Regenerating Termini Imerese producing electric cars: the idea is Sicilian, the Indian technology. In fact, his creator, Simone Cimino, has just flown to India to meet the leaders of the Reva, the company that would produce the "Sunny car" in the plant that Fiat wants to close. Always go through the suggestive proposal of Cimino, financier Agrigento who moved to Milan, 48, founder and president of the Cape: a work in private equity, buy businesses, manages and raises.


"We have 40 companies, 1.4 billion turnover and 8,000 employees," she says. And Sergio Marchionne, the CEO of Fiat, Terms of you talk about? "No, our party is the Sicilian Region, which should give the Fiat factory at 1 euro. And be happy if we solve the problem: how to avoid fire 1,400 people. "

The idea for the project to take off Sunny car, is to use solar energy. The plan is to redevelop terms of three activities: the assembly and then the production of Reva electric cars and the production of units to charge with solar panels; helping the network to charge "with the goal of transforming into a green island of Sicily" says Cimino. "Our first partner is the Indian Reva electric car company, the world's largest producer of electric cars, with which we have signed a framework agreement."

Cimino has already started a business on the island launching Cape Region of Sicily, a private equity fund with 52 million collected (the first region with 14.4 million subscribers, the group Cape with 11.7 el'Unicredit Banco di Sicilia 10), which has already invested 15.7 million in three activities, two of which have their own start-up located in Termini Imerese: The Ice Cube, which produces ice for cocktails, and the T-link, which makes navigation as (heavy loss) between the ports of Genoa and Terms Voltri. But Cimino

bit much higher. The lens is € 400 million, money the government promised not to close the factory Fiat? "Ours is an alternative project, with 400 million public and another 150 made by individuals working because Sicily in 2020 to achieve the objective of Copenhagen, 20 percent of the energy produced from renewable sources. And the network for supplying Sunny car can be built within 36-48 months. "

Cimino is intended to include "Sicilian businessmen to make a green car all made in Sicily" in a consortium that now it is not well defined. Certainly there will be Antonio Mazzara, 41, Catania, CEO and partner of the Screen service, of which Cape is the largest shareholder with 30 per cent. It could also be the match Pasquale Pistorio, the manager of Catania, which was the architect of the success of ST Microelectronics and is now a former partner in the Cape Accent, a company that makes chips. Pistorio is also a member of the board of Fiat, which will convene Jan. 25. I wonder if they will also discuss this project some 'utopian.

Edmund rho
http://blog.panorama.it

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