The head of Fiat Chrysler officially announced about the separation of Ferrari on January, 4, 2016, during the entering the Milan stock exchange.
For the first time in 47 years Ferrari gained its independence, showing up as a separate from the Fiat Chrysler company. Head of Fiat Chrysler said in an interview that Ferrari had an independent management and its financial structure before the official separation, and now all the changes are legal, and the company will need to make an effort to preserve the exclusivity of the brand. Also, representatives of Fiat Chrysler announced that for Ferrari begins a new and very important chapter in the history.
Exchange Trading Room Roma Analysts noted that the first day on the stock exchange for Ferrari was a disaster. Shares plummeted immediately by 3% after the opening of trading, although by the end of the day the value got back to the original. Also, experts spoke about the reasons for the separation of Ferrari, according to analyst Eduardo Lune, for Fiat Chrysler it is the ability to cope with their multi-billion dollar debt (with the release of the brand up for sale Fiat Chrysler has received 925 million euros).
At the same time, investors of Fiat Chrysler expressed their concern as in 2014 Ferrari has provided 12% of the company’s revenue, and the global restructuring of the company, which Fiat Chrysler is going to allocate a large sum, may lead to adverse consequences. Fiat Chrysler shares have already fallen by 36% on the stock exchange in Milan.
Now the Ferrari company is controlled by Exor SpA, which is owned by the Agnelli family, and Piero Ferrari, who has 10%. Recently, the parties signed an agreement on protection from hostile mergers, in order to protect the group, and make all the important decisions regarding purchases and sales of shares collectively.
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
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Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
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Apple employees opposed the corporation’s new rule, which requires them to work from the office at least three days a week from the fall. Verg, citing a letter from employees to the head of the corporation Tim Cook, reported this. The letter refers to the refusal of many employees to return to the office. The […]Next
The Swiss government has signed an agreement with the American biotechnology company Moderna, which will provide the country with early access to the coronavirus vaccine. Under the agreement, Switzerland will receive 4.5 million doses of the vaccine. Following this news, Moderna shares on the market on August 7 increased by 1.68% and reached $ 75. […]Next
For the first time in history, the Baltic States have completely given up electricity from Russia during the tests for the exit from the BRELL energy ring (Belarus, Russia, Estonia, Latvia, and Lithuania – ed.), Scheduled for 2025. It is noted that Latvia suspended commercial imports from Russia for two days (April 8 and 11) […]Next
Participating FIS client banks will be able to send and receive large-ticket international corporate payments quickly and securely KYIV – May 15, 2019 – Visa Inc. (NYSE:V) and FIS are joining forces to enable FIS’ commercial financial institution clients to quickly and securely access the Visa B2B Connect platform globally*. Visa B2B Connect will be […]Next
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Elon Mask’s company has applied to the Federal Communications Commission (FCC) for permission to connect cars, trucks, cargo ships and aircraft to its network of fast-growing Starlink Internet satellites. This is what Verge says. The completed document states that SpaceX is requesting a comprehensive license to operate Starlink terminals on so-called “mobile ground stations, which […]Next
According to the company’s reports, the net loss of the British oil and gas giant BP Plc., which belongs to shareholders, for the nine months of 2020 amounted to $ 21.663 billion against profit a year ago. In terms of shares, the diluted loss of BP amounted to $ 1.07 against a profit of $ […]Next
International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]Next
The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]Next
South Korean Samsung continues to expand its pharmaceutical business, investing nearly $ 2 billion in the construction of plant for the production of medicines, which should become the largest of its kind in the world after the completion of works in 2022. According to The Wall Street Journal, the company is betting on further growth […]Next
BioNTech from Mainz and US pharmaceutical giant Pfizer have announced the successful third phase of clinical trials of the vaccine from COVID. The company said in a statement that registration is expected in November. According to the release, the third phase of clinical trials of BNT162b2 showed its effectiveness by more than 90% among trial […]Next
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During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]Next
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