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The Golden Book of Finance and Companies

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The Golden Book of Finance and Companies • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito coo- perativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edi- son • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Fer- rovie dello Stato • Generali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa San- paolo • Invitalia • Italcementi • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - Che Banca! • Medio- lanum • Moncler • Monte dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valentino • Versace • Vodafone • Zegna • Alias • Allianz • Ani- ma • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Gene- rali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa Sanpaolo • Invitalia • Italce- menti • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - Che Banca! • Mediolanum • Moncler • Mon- te dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Sal- vatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valentino • Versace • Vodafone • Zegna • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Generali • Geox • Grou- pama • H3G - 3 Italia • Ibl Banca • Intekyears Group • Intesa Sanpaolo • Invitalia • Italcementi • Liu Jo • Luxot- tica - Persol • Mediaset • Mediobanca - Che Banca! • Mediolanum • Moncler • Monte dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valen- tino • Versace • Vodafone • Zegna • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Ban- co Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicen- za • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caru- so • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Generali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa Sanpaolo • Invitalia • Italcementi • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - CheT Banca!HE • Mediolanum G •OLDEN Moncler • Monte dei PaschiB di OOKSiena • Natuzzi • Ntv • Pirelli • Poliform • Prada25 • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valentino • Versace • Voda- OF FINANCE fone • Zegna • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito cooperativo • BenettonAND • Bnl - GruppoCOMPANIES Paribas • Banca Popolare di Vicenza • Branca • Brunel- lo Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Generali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa Sanpaolo • Invitalia • Italcementi • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - Che Ban- ca! • Mediolanum • Moncler • Monte dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Since 1989 an open window on the Milan Stock Exchange Twenty-five years of finance told through 105 front pages. A journey into a quarter of a century of news 1989 1990 1994 1993 1992 1991 Since 1989 an open window on the Milan Stock Exchange Stock Milan the on window open an 1989 Since 1998 1997 1996 1995 THE GOLDEN BOOK OF INANCE F DIRECTOR AND EDITOR PAOLO PANERAI EDITED BY AND OMPANIES IORGIO NGELETTI ILIPPO URASCHI ECILIA ARGIONI NTONIO ATTA C G A , F B , C G , A S WITH THE COLLABORATION OF: MILENA BELLO, FRANCESCO BISOZZI, CHIARA BOTTONI, NICOLA BRILLO, FRANCO CANEVESIO, ROBERTA CASTELLARIN, CLAUDIA CERVINI, FRANCESCO COLAMARTINO, MANUEL COSTA, MATTIA FRANZINI, FABIO GIBELLINO, CARLO GIOIA, NORBERTO MANASSERO, GIUSEPPE MILLACI, CONSUELO OGUETA, MONICA PEGORARO, ANDREA PIRA, LOREDANA POGGI, BARBARA RODESCHINI, ANGELICA ROMANI, MAURO ROMANO, VALERIO TESTI, PAOLA VALENTINI, FRANCESCA VERCESI, MARIA ELENA ZANINI IMAGES CLAUDIO GALLONE, IMAGOECONOMICA, BRIGITTE LACOMBE, LAPRESSE, MASSIMO SESTINI PRODUCTION STEFANO CARRERI, PIER PAOLO GALBIATI FOTOLITO ONEDOT, MILAN STAMPA GRAFICHE VELA, BINASCO (MI) © 2014. ALL RIGHTS RESERVED MILANO FINANZA SPA, VIA MARCO BURIGOZZO 5, MILAN. TRANSLATION, TOTAL AND/OR PARTIAL ADAPTATION, REPRODUCTION BY ANY MEANS AND / OR SUPPORT (INCLUDING MICROFILM, FILM, PHOTOCOPIES, DIGITAL MEDIA) AND ELECTRONIC STORAGE ARE RESERVED FOR ALL COUNTRIES. THE PUBLISHER HAS RESEARCHED BY ALL MEANS THE PHOTOGRAPHIC RIGHTS HOLDERS WITHOUT BEING ABLE TO FIND THEM, AND IS AVAILABLE TO FULFILL WHATEVER IS NECESSARY TOWARDS THEM. FREE INSERT WITH TODAY’S ISSUE OF MF/MILANO FINANZA. SHIPPING IN A.P. ART.1. C. 1. L. 46/04, DCB MILAN PRINTED IN JUNE 2014. 25 • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito coo- perativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edi- son • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Fer- rovie dello Stato • Generali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa San- paolo • Invitalia • Italcementi • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - Che Banca! • Medio- lanum • Moncler • Monte dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valentino • Versace • Vodafone • Zegna • Alias • Allianz • Ani- This newspaper ma • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Gene- rali • Geox • Groupama • H3G - 3 Italia • Ibl Banca • Intek Group • Intesa Sanpaolo • Invitalia • Italce- menti • Liu Jo • Luxottica - Persol • Mediaset • Mediobanca - Che Banca! • Mediolanum • Moncler • Mon- te dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Sal- vatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valentino • Versace • Vodafone • Zegna • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Banco Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicenza • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • BY PAOLO PANERAI Cariparma • Raffaele Caruso • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Generali • Geox • Grou- pama • H3G - 3 Italia • Ibl Banca • Intekanni Group • Intesa Sanpaolo • Invitalia • Italcementi • Liu Jo • Luxot- tica - Persol • Mediaset • Mediobanca - Che Banca! • Mediolanum • Moncler • Monte dei Paschi di Siena • Natuzzi • Ntv • Pirelli • Poliform • Prada • Prysmian Group • Richard Ginori • Salvatore Ferragamo • Snam • Sorgente Group • Telecom • Terna • Tod’s • Ubi Banca • Unicredit • Unipol • Università Pegaso • Valen- tino • Versace • Vodafone • Zegna • Alias • Allianz • Anima • Atlantia • Azimut • Banca Generali • Ban- co Popolare • Banche di credito cooperativo • Benetton • Bnl - Gruppo Paribas • Banca Popolare di Vicen- za • Branca • Brunello Cucinelli • Cairo Comunication • Camicissima • Carige • Cariparma • Raffaele Caru- so • Cassa Depositi e Prestiti • Edison • Enel • Eni • Erg • Euler Hermes • Fiat • Finanza & Futuro Banca • Finmeccanica • Frescobaldi • Ferrovie dello Stato • Generali • Geox • Groupama • H3G - 3 Italia • Ibl wenty-five years, of which six spent in the publishing house, will always feel
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