DOCSLIB.ORG

Half-Year Financial Report at June 30, 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Half-Year Financial Report at June 30, 2015 Gruppo Toscana Aeroporti INTERIM FINANCIAL REPORT AT 30 JUNE 2015 This report is available in the Investor Relations section of Toscana Aeroporti’s website at www.toscana- aeroporti.com Toscana Aeroporti S.p.a. Via del Termine, 11 – 50127 Firenze - www.toscana-aeroporti.com R.E.A. FI-637708 - Fully paid-up Share Capital € 30,709,743.90 VAT Number and Tax Code: 00403110505 1 CONTENTS 1. COMPOSITION OF THE PARENT COMPANY’S SHARE CAPITAL ............................................................ 5 2. THE PARENT COMPANY’S SHAREHOLDERS .......................................................................................... 5 3. MERGER BY INCORPORATION OF AEROPORTO DI FIRENZE S.P.A. ...................................................... 7 4. PRO-FORMA FINANCIAL STATEMENT OF THE SURVIVING ENTITY AT 31 DECEMBER 2014 AND AT 30 JUNE 2014 .................................................................................................................................................... 7 5. STOCK PERFORMANCE ......................................................................................................................... 11 6. MACROSTRUCTURE OF THE TOSCANA AEROPORTI GROUP.............................................................. 12 7. COMPOSITION OF CORPORATE GOVERNING BODIES ........................................................................ 13 8. HIGHLIGHTS .......................................................................................................................................... 14 9. TRENDS IN THE TUSCAN AIRPORT SYSTEM’S TRAFFIC ...................................................................... 16 9.1. Traffic trends in the Pisa “Galileo Galilei” airport ................................................................. 19 9.2 Traffic trends in the Florence “Amerigo Vespucci” airport ...................................................................................................................................... 24 10. SIGNIFICANT EVENTS THAT TOOK PLACE DURING THE FIRST 6 MONTHS OF THE YEAR .............. 26 11. RESULTS OF OPERATIONS FOR GRUPPO TOSCANA AEROPORTI.................................................... 28 11.1 Consolidated Income Statement ....................................................................................... 28 11.2 Consolidated Statement of Financial Position .................................................................... 33 11.3 Analysis of Cash Flows ........................................................................................................ 36 11.4 Consolidated Net Financial Position ................................................................................... 38 12. THE GROUP’S INVESTMENTS ............................................................................................................ 40 13. HUMAN RESOURCES .......................................................................................................................... 42 14. RELATIONSHIPS WITH THE OTHER ENTITIES OF THE GROUP AND WITH RELATED PARTIES .................................................................................................................................... 43 15. MAIN INFORMATION ON SUBSIDIARIES/CONTROLLED ENTITIES .................................................... 45 15.1 Parcheggi Peretola ............................................................................................................. 45 15.2 Toscana Aeroporti Engineering .......................................................................................... 47 15.3 Jet Fuel ............................................................................................................................... 47 16. MAIN RISKS AND UNCERTAINTIES TO WHICH THE GROUP IS EXPOSED ......................................... 49 17. SIGNIFICANT EVENTS OCCURRED AFTER THE CLOSING OF THE PERIOD AT 30 JUNE 2015 ........................................................................................................................................ 52 2 18. OUTLOOK ............................................................................................................................................ 52 CONDENSED CONSOLIDATED INTERIM FINANCIAL REPORT AT 30 JUNE 2015 ..................................... 54 EXPLANATORY NOTES TO THE MAIN ITEMS OF THE CONDENSED CONSOLIDATED INTERIM FINANCIAL REPORT: INCOME STATEMENT ................................................................................................................ 61 ANNEXES TO THE 2015 CONDENSED CONSOLIDATED INTERIM FINANCIAL REPORT ........................ 104 CERTIFICATION OF THE CONDENSED CONSOLIDATED INTERIM FINANCIAL REPORT ....................... 108 3 Dear Shareholders, The Consolidated Interim Financial Report at 30 June 2015, approved by the Board of Directors of 28 August 2015, has been prepared in compliance with Legislative Decree no. 58/1998 and subsequent amendments, as well as with CONSOB Issuers’ Regulation. This Consolidated Interim Financial Report includes the Report on Operations, which contains the Directors’ comments on operations and management trends for 2015, and the Condensed Consolidated Interim Financial Report. The valuation and measurement criteria adopted for the preparation of the Condensed Consolidated Interim Financial Report included in the Consolidated Interim Financial Report at 30 June 2015 are those required by the International Financial Reporting Standard (IFRS) issued by the International Accounting Standard Board (IASB) and adopted by the European Commission according to the procedure described in art.16 of European Regulation no. 1606/2002 of the European Parliament and of the Council of 19 July 2002, with particular reference to IAS 34 concerning interim financial reporting. These accounting standards are the same that have been used for the preparation of the Consolidated Financial Statement at 31 December 2014. The limited auditing activity for the Condensed Consolidated Interim Financial Report at 30 June 2015 has been carried out by the auditor PricewaterhouseCoopers S.p.A. Accounting data at 30 June 2015 include, with the full consolidation method, the data of the parent company “Toscana Aeroporti S.p.A.” and those of the subsidiaries “Parcheggi Peretola S.r.l.” and “Jet Fuel Co. S.r.l.” (hereinafter “Jet Fuel”). “Toscana Aeroporti Engineering S.r.l.”, a 100% controlled entity, has not been consolidated because not yet operating at 30 June 2015. 4 1. COMPOSITION OF THE PARENT COMPANY’S SHARE CAPITAL We are providing below a list of the names of the parties which, at 28 August 2015, held, directly and indirectly, a portion of more than 5% of the subscribed share capital of the parent company Toscana Aeroporti S.p.a. (hereinafter also briefly referred to as “TA” or the “Parent Company”), consisting of shares with voting rights, according to the Shareholders’ Register, as integrated by the notices served pursuant to art. 120 of Legislative Decree no. 58/1998. *Declarant, i.e. person positioned at the top of the control chain: Southern Cone Foundation The share capital of Toscana Aeroporti S.p.a. consists of €30,709.743,90, subscribed and fully paid- up, and consisting of 18,611,966 ordinary shares with a nominal value of €1.65 each. We remind the reader that, after signing the merger by incorporation of Aeroporto di Firenze S.p.a. (hereinafter “AdF”) on 11 May 2015 - operation described below - TA (former Società Aeroporto Toscano Galileo Galilei S.p.a. – briefly “SAT”) increased its share capital for an aggregate nominal amount of €14,440,743.90 by issuing 8,751,966 shares for the purposes of the exchange. We point out that the whole of TA’s shares owned by Corporación America Italia S.p.a. have been pledged until December 2019 as guarantee of the debenture loan issued by the shareholder in question. 2. THE PARENT COMPANY’S SHAREHOLDERS Corporate Boards On 15 July 2015, the Shareholders’ Meeting of Toscana Aeroporti S.p.a. appointed the Board of Directors, whose fifteen members shall remain in office for three financial years (until the approval of the financial statement as at 31 December 2017). Furthermore, the Meeting appointed Marco Carrai as Chair of the Board of Directors. On the same date, the Board of Directors, chaired by newly-appointed Chairman Marco Carrai, appointed Gina Giani as CEO, and Roberto Naldi and Pierfrancesco Pacini as Deputy-Chairs of the Company. 5 Deputy-Chair Roberto Naldi was vested with authorities, powers of attorney and responsibilities regarding the definition of the Company’s policies and strategic plans. By virtue of said authorities, Deputy-Chair, Mr. Naldi, shall be considered as an executive. Board Member Vittorio Fanti was vested with authorities, powers of attorney and responsibilities regarding the special projects identified by the Board, including the project for the construction of the new runway and the new Florence airport. By virtue of said authorities, Board Member Vittorio Fanti shall be considered as an executive. The Board of Directors then created the Executive Committee with the following persons: Mr. Marco Carrai (Chair of the Committee), CEO Ms. Gina Giani, Deputy-Chairs Roberto Naldi and Pierfrancesco Pacini, Board Member/Director Vittorio Fanti and Board Members Martin Francisco Antranik Eurnekian Bonnarens and Iacopo Mazzei. Then the Board of Directors created the following Committees: - Control and Risk Committee, consisting of Board Members Stefano Bottai, Anna Girello, and Iacopo Mazzei; - Appointments and Remuneration
Load more

Recommended publications
  • IN FOCUS: COUNTRYSIDE of TUSCANY, ITALY Nana Boussia Associate
    MAY 2017 | PRICE €400 IN FOCUS: COUNTRYSIDE OF TUSCANY, ITALY Nana Boussia Associate Pavlos Papadimitriou, MRICS Associate Director Ezio Poinelli Senior Director Southern Europe HVS.com HVS ATHENS | 17 Posidonos Ave. 5th Floor, 17455 Alimos, Athens, GREECE HVS MILAN | Piazza 4 Novembre, 7, 20124 Milan, ITALY Introduction 2 Tuscany is a region in central Italy with an area of about 23,000 km and a LOCATION OF TUSCANY population of about 3.8 million (2013). The regional capital and most populated town is Florence with approximately 370,000 inhabitants while it features a Western coastline of 400 kilometers overlooking the Ligurian Sea (in the North) and the Tyrrhenian Sea (in the Center and South). Tuscany is known for its landscapes, traditions, history, artistic legacy and its influence on high culture. It is regarded as the birthplace of the Italian Renaissance, the home of many influential in the history of art and science, and contains well-known museums such as the Uffizi and the Pitti Palace. Tuscany produces several well-known wines, including Chianti, Vino Nobile di Montepulciano, Morellino di Scansano and Brunello di Montalcino. Having a strong linguistic and cultural identity, it is sometimes considered "a nation within a nation". Seven Tuscan localities have been designated World Heritage Sites by UNESCO: the historic centre of Florence (1982); the historical centre of Siena (1995); the square of the Cathedral of Pisa (1987); the historical centre of San Gimignano (1990); the historical centre of Pienza (1996); the Val d'Orcia (2004), and the Medici Villas and Gardens (2013). Tuscany has over 120 protected nature reserves, making Tuscany and its capital Florence popular tourist destinations that attract millions of tourists every year.
    [Show full text]
  • Romantic Italian Holiday - Florence to London
    Romantic Italian Holiday - Florence to London https://www.irtsociety.com/journey/romantic-italian-holiday/ Overview The Highlights - Two nights at the five-star Villa San Michele, a former monastery overlooking the Renaissance city of Florence - Two nights at the palatial Cipriani Hotel in Venice, perfectly situated just minutes from the Piazza San Marco, yet blissfully removed from the tourist crush - Double compartment Venice-Paris-Calais on the Venice Simplon-Orient-Express - Afternoon tea, wine and champagne on the British Pullman from the English Channel to London The Society of International Railway Travelers | irtsociety.com | (800) 478-4881 Page 1/6 - Sumptuous breakfast daily at your hotels - Private guide/driver for half-day each in Florence & Venice - First-class, high-speed-rail tickets Florence-Venice - Airport/rail station/hotel transfers Florence & Venice The Tour Try this for Romance: two nights in Florence at the Belmond Villa San Michele, a former monastery turned five-star hotel; two nights in Venice at the Belmond Hotel Cipriani, iconic waterside pleasure palace overlooking the Grand Canal; two days and a night on the Venice Simplon-Orient-Express, capped off by afternoon tea on the British Pullman into London. Perfect for honeymoons, anniversary celebrations, or any other occasion demanding over-the-top luxury and romance. Package includes hotels, breakfast daily, railway station/airport/hotel transfers, tours, Florence-Venice high-speed rail transfer, and more. Extend your celebration: add London's romantic Milestone Hotel for a two-night stay and enjoy complimentary afternoon tea for two. Special Report: View travel notes by Society owners Owen & Eleanor Hardy, who celebrated their 30th wedding anniversary on the Orient-Express Venice-Paris-London.
    [Show full text]
  • Invitation Euro-Mat
    INVITATION EURO-MAT SUPPLIERS’ FORUM 2019 FLORENCE (Italy) Tuesday, 14th - Wednesday, 15th May 2019 PRELIMINARY PROGRAM Tuesday , May 14th 2019 12:00 - 13:15 Arrival of all participants at Grand Hotel Mediterraneo and Walking lunch 13:15 Welcome speech 13:30 - 15:15 Forum – Individual meetings 15:15 - 15:30 Coffee break 15:30 - 16:00 Key Note Speaker 16:00 - 17:30 Forum – Individual meetings 18:45 Gather at lobby hotel for transfer for dinner at Restaurant Gilli 19:30 - 20:00 Keynote speaker 20:00 - 23:00 Network Dinner – award and diploma ceremony – transfer or walk back to hotel Wednesday , May 15th 2019 09:00 - 10:00 Forum – Individual meetings 10:00 - 10:30 Key Note Speaker 10:30 - 11:00 Key Note Speaker 11:00 - 13:00 Forum – Individual meetings 13:15 Lunch 15:30 17:00 City Tour PARTICIPATION COSTS PACKAGE (per person) : 1.200,- € • Accomodation 1 night at the Grand Hotel Mediterraneo • Single room • Conference costs • 2 Working lunches • 1 Dinner • City tour FLORENCE FLORENCE The Duomo, Florence's Cathedral The famous cathedral dome dominates the skyline of Florence, with its eight white ribs against a background of terracotta tiles. Close up it is so huge as to be quite overwhelming. The Magnificent Uffizi Gallery One of the world's top art museums, the Uffizi Gallery houses some of the most important works of the Renaissance, including works by Leonardo da Vinci, Giotto, Botticelli and Michelangelo and a large collection of Greek and Roman sculptures. The Accademia Gallery The Accademia houses Michelangelo's David, easily the most famous sculpture in the world.
    [Show full text]
  • LOGISTIC INFORMATION for PARTICIPANTS Venue FIRENZE FIERA - PALAZZO DEI CONGRESSI Piazza Adua 1 Villa Vittoria 50123, Florence - ITALY
    LOGISTIC INFORMATION FOR PARTICIPANTS Venue FIRENZE FIERA - PALAZZO DEI CONGRESSI Piazza Adua 1 Villa Vittoria 50123, Florence - ITALY Venue Profile Hosted in the 19th Century Villa Vittoria, the Congress Palace boasts a prestigious auditorium that can accommodate up to 1000 people with attached 920 square meters of exhibition area, as well as various halls for 50, 80 (Sala Onice) and 200 delegates (Sala Verde) located within the 4 floors of the villa. Surrounded by an historical garden, the Congress Palace is located in front of the Palazzo degli Affari, and is connected to the Fortezza da Basso, thus forming a trade and congress citadel, in the city centre, within walking distance from all the major monuments and hotels. Web site: http://www.firenzefiera.it/en/our-venues/palazzo-dei-congressi/ Video: https://www.youtube.com/watch?v=owVTUur4y9A GPS coordinates: Latitude : 43.78479 // Longitude : 11.254764 How to arrive By Plane International airport: FLR Florence Airport “Amerigo Vespucci” Driving time from Florence Airport to Congress Palace: 24 minutes The International Florence Airport “Amerigo Vespucci” (IATA code – FLR) is only 4 km away from the Florence city centre and can be easily reached by taxi or with the Ataf/Sita ‘Vola in Bus’ shuttle service, connecting the airport to the main railway station of Santa Maria Novella in just 15-20 minutes. Thanks to the connections with Rome Fiumicino Airport, Milan Malpensa and the main European capitals, Florence is easily connected to the rest of the world. The main car rental companies
    [Show full text]
  • MIN MAX AFGHANISTAN Kabul -25.5 40 Kandahar
    MIN MAX AFGHANISTAN Kabul -25.5 40 Kandahar -12.1 46.5 Jalalabad -7.8 48.8* * dubious,likely taken with not proper instruments Mazar al Sharif -24 48.1 Ghazni -33.5 37 Zaranj -13.2 49.6* * a dubious 51.0C was likely taken with not proper instruments Farah -11.9 49.8 Shahrak -52.2 ALBANIA Tirana -10.4 42.2 Durres -9 39.5 Shkoder -13 42.8 Cerrik -9.4 43.2 Kucova 43.9 Kallmet 45.3* * unofficial, questioned Kukes -22 42.5 Sheqeras -26.8 Moscopole -27.5* * unofficial, dubious Bize -34.7* * unofficial, dubious ALGERIA Algiers Airport -4 47.5 Oran -3 45.8 In Salah -3.3 50.6 Ouargla -6.7 50.4 Batna -20 43.8 Constantine -10 45.5 Tamanrasset -7 41.6 ANDORRA Andorra La Vella -16 38.5* * dubious Hidroelectrica -16 36 Engolaster Lake -21 33 Ransol -23 36 Grau Roig -27.3 Port d'Envalira -34* * unofficial, dubious ANGOLA Luanda 12 36.9 Bie (Silva Porto) -5* 31.7* * suspicious, likely taken under not proper conditions Mavinga -3.9 Bicuari Nat.Park -4.1 Namibe 3 40.3 Espinheira 40.6 Cabinda 12 34.4 ANTIGUA AND BARBUDA Saint John's 15.6 33.8 Bird Airport 16 34.9 Codrington (Barbuda)17.2 35* * suspicious ARGENTINA Buenos Aires Obser.-5.4* 43.3 * -6.4C was also recorded in June 1830 Ezeiza Airport -7.8 44.3 Cordoba -10.3 45 * a 45.6C in 1917 was likely taken with not proper instruments Bahia Blanca -11.8 43.8 Mar del Plata -9.3 41.6 Mendoza -9.2 44.4 Rosario -11.1 42.4* * an old record of 43.9C was likely taken with not proper instruments Santiago del Estero -10 46.5* * a temperature of 47.0C was also recorded in the observatory Catamarca -9 47* * a temperature
    [Show full text]
  • FLORENCE Streets Athousandtalesofthepast:Medievaldyers Coloured Evokes Woolin Eve Beinghurledoutofparadise
    © Lonely Planet Publications 92 lonelyplanet.com FLORENCE •• History 93 FLORENCE FLORENCE HISTORY and tact in dealing with artists saw the likes of Florence’s history stretches to the time of the Alberti, Brunelleschi, Luca della Robbia, Fra Florence Etruscans, who based themselves in Fiesole. Angelico, Donatello and Filippo Lippi flourish FLORENCE FLORENCE Julius Caesar founded the Roman colony of under his patronage. Florentia around 59 BC, making it a strate- In 1439 the Church Council of Florence, gic garrison on the narrowest crossing of the aimed at reconciling the Catholic and East- Arno so he could control the Via Flaminia ern churches, brought to the city Byzantine Return time and again and you still won’t see it all. Stand on a bridge over the Arno several linking Rome to northern Italy and Gaul. scholars and craftsmen, who they hoped After the collapse of the Roman Empire, would impart the knowledge and culture of times in a day, and the light, the mood and the view change every time. Surprisingly small Florence fell to invading Goths, followed by classical antiquity. The Council, attended as it is, this city is like no other. Cradle of the Renaissance and of the masses of globe- Lombards and Franks. The year AD 1000 by the pope, achieved nothing in the end, trotting tourists who flock here to feast on world-class art and extraordinary architecture, marked a crucial turning point in the city’s but it did influence what was later known as Florence (Firenze) is magnetic, romantic, unrivalled and too busy. A visit here is madness, fortunes when Margrave Ugo of Tuscany the Renaissance.
    [Show full text]
  • Management Report Corporación América Airports S.A
    Management Report Corporación América Airports S.A. The board of directors of Corporacion América Airports S.A. (the “Company”) submits the Consolidated Financial Statements for the fiscal year ended December 31, 2019 in accordance with Luxembourg applicable laws and regulations. General Overview Corporación América Airports S.A. was incorporated under the laws of the Grand Duchy of Luxembourg (“Luxembourg”) on December 14, 2012. The Company owns no assets other than its direct and indirect ownership of the issued share capital of other intermediate holding companies for all of our operating subsidiaries. Prior to our initial public offering, we were 100% controlled by ACI Airports S.à r.l., a holding company incorporated in Luxembourg (the “Majority Shareholder”), which is 100% owned by ACI Holding S.à r.l., a holding company also incorporated in Luxembourg (“ACI Holding”). The Majority Shareholder currently controls 82.1% of our common shares. 4, rue de la Grêve, L-1643 Luxembourg - +352 26 25 82 74 www.corporacionamericaairports.com 1 WHO WE ARE - CORPORATE PROFILE We are the largest private sector airport concession operator in the world based on the number of airports under management and the tenth largest private sector airport operator in the world based on passenger traffic. In 2019, our airports served 84.2 million passengers of which approximately 33.5% were international, approximately 56.5% were domestic and approximately 9.9% were transit passengers. The airports we operate are located in countries with compelling macro- economic trends and in key cities within those countries. From our beginnings in 1998 when we acquired the concession rights to operate 33 airports in Argentina, we have expanded geographically and currently operate 52 airports globally; in Latin America, our largest market, as well as in Europe and Eurasia.
    [Show full text]
  • Service Charter 2016 Florence Airport
    SERVICE CHARTER 2016 FLORENCE AIRPORT SERVICE CHARTER 2016 1. SECTION I - MANAGEMENT COMPANY AND SERVICE CHARTER 1.1 Introduction of Toscana Aeroporti 1.2 Our Service Charter 2016 1.3 Services provided and useful information for passengers 1.4 Environmental policy 2. SECTION II - SERVICE CHARTER INDICATORS 2.1 Qualitative indicators 2.2 Special assistance 3. SECTION III - DIALOGUE PROCEDURES: SUGGESTIONS AND COMPLAINTS SERVICE GUIDE 1. How to reach the airport 2. Taxi, car & driver hire, car-sharing services 3. Car rental 4. Airport parking lots 5. Information in the airport 6. Airport services 7. Other services 8. Travel tips 9. Suggestions and complaints form SERVICE CHARTER 2016 3 SECTION I - MANAGEMENT COMPANY AND SERVICE CHARTER 1.1 INTRODUCTION OF TOSCANA AEROPORTI Toscana Aeroporti S.p.A is the company that manages the Florence and Pisa airports. Incorporated on June 1st, 2015 by merger of AdF – Aeroporto di Firenze S.p.A. (the company that managed the “A. Vespucci” Florence airport) and SAT - Società Aeroporto Toscano S.p.A. (the company that managed the “G. Galilei” Pisa airport). The merger of the two companies has been an essential step towards the creation of a unified Tuscan Airport System, in line with the National Airport Plan approved by the Italian Ministry of Transports. The synergies that will be created between the two airports and the complementary nature of the whole offer presented by the System will lead to an increase in the number of the destinations reached by the two airports and of the airlines available thanks to the enhancement of the respective infrastructure.
    [Show full text]
  • Ground-Services-2020-1.Pdf
    Welcome to Italy Let us guide you along a unique holiday experience. We know the country and her culture, the hidden treasures of large cities and small villages, the scents and the flavour of our food and wine. Alviani Viaggi - Sorrento - Tel. 081/807.3046 - Fax 081/807.1791 [email protected] - www.alvianiviaggi.com Alviani Viaggi S.r.l. v Milano & Bergamo Piazza Andrea Veniero, 15/16 80067 – Sorrento (NA) v Torino Italy v Verona Tel.: +39/081/8073046 Fax: +39/081/8071791 v Venezia & Treviso [email protected] www.alvianiviaggi.com v Genova & Italian Riviera Out of office hours - Emergency only v French Riviera Mobile no.: +39/333/9001669 v Bologna Office hours: v Firenze ➢ Winter time : November 01 / March 31 v Tuscany Private Tours Mon/Fri: 09:00 / 19:00 v Livorno Harbour Saturday: 09:00 / 13:00 Sunday: closed v Pisa & Siena ➢ Summer time : v Civitavecchia Harbour April 01 / October 31 v Roma Mon/Fri: 09:00 / 20:00 Saturday: 09:00 / 18.00 v The Bay of Naples & Amalfi Coast Sunday: closed v Bari & Brindisi (Apulia ) We are closed : v Lamezia Terme ( Calabria ) January 1 April 12 v Sicilia November 1 December 8, 25 & 26 v Sardegna We have reduced service : v Throughout Italy April 13 • Classic Rent a Car April 25 May 1 • Shopping Tours June 2 August 15 • Helicopters Transfer & Tours December 24 & 31 • Luxury Rent a Car *** Issue n° 1 – October 19 Travel Industry Designator Service 1 Visit Our Web for Hotel Rates 2020 From family run properties to Italy’s best-known luxury hotels, we offer the perfect place for your clients.
    [Show full text]
  • Conference Guide
    Conference Guide Conference Venue Conference Location: Grand Hotel Baglioni Grand Hotel Baglioni The Grand Hotel Baglioni is a structure that is part of the history of Florence. Officially opened on 12 August 1903, over more than 100 years it has played host to kings and heads of state, artists and intellectuals, carving out its place as a true landmark of the cultural and economic life of the city. The building that houses the hotel was built in the second half of 1800 by Prince Carrega di Lucedio. Today, more resplendent than ever, the Grand Hotel Baglioni is not only a symbol of a long tradition and keeper of deep values handed down over the years, but synonymous with elegance and sophistication, perfectly combined with the modernity of all the finest amenities. Address: Piazza Unita Italiana 6, Florence, Italy Tel: +039 055 23 580 Email: [email protected] URL: http://www.hotelbaglioni.it/ History of Florence Florence is a major historical city in Italy, distinguished as one of the most outstanding economic, cultural, political and artistic centres in the peninsula from the late Middle Ages to the Renaissance. The foundation of Florence dates back to Roman times, despite evidence existing to show that Florence was already occupied in prehistoric times. The oldest part of the city bears the imprint of these Roman origins as it originated as one of Caesar's colonies. For the sake of defence, the city was set at the confluence of two streams, the Arno and the Mugnone, where the oldest populations had previously been located. Rectangular in plan, it was enclosed in a wall about 1800 meters long.
    [Show full text]
  • FINAL ANNOUNCEMENT June 10-14, 2012, Montecatini Terme, Tuscany, Italy
    FINAL ANNOUNCEMENT June 10-14, 2012, Montecatini Terme, Tuscany, Italy 4th International Conference materials structures smart systems adaptive, active and multifunctional smart materials systems shape memory alloys electroactive polymers smart and interactive textiles next generation micro/nano systems smart & adaptive optics intelligent structures mechatronics & robotics mining smartness from nature bioinspiration biomimetics bioreplication wearable/wireless & implantable body sensor networks for healthcare biomedical applications of “smart” technologies CIMTEC www.cimtec-congress.org 2012 CIMTEC 2012 JUNE 10 JUNE 11 JUNE 12 JUNE 13 JUNE 14 Flowsheet A.M. P.M. A.M. P.M. A.M. P.M. A.M. P.M. A.M. P.M. REGISTRATION SYMPOSIUM A AAAAAAA Special Session A-10 A-10 A-10 A-10 Focused Session A-11 A-11 A-11 A-11 A-11 Focused Session A-12 A-12 A-12 A-12 A-12 A-12 A-12 A-12 Focused Session A-13 A-13 A-13 A-13 A-13 A-13 A-13 Special Session A-14 A-14 A-14 A-14 Focused Session A-15 A-15 A-15 A-15 A-15 A-15 SYMPOSIUM B B B B B B B B SYMPOSIUM C CC C C C SYMPOSIUM D D D D DD D SYMPOSIUM E E E E E E E SYMPOSIUM F F F F F F F SYMPOSIUM G G G G G GG Special Session G-6 G-6 G-6 International Conference th SYMPOSIUM H PLENARY SESSION PLENARY H H H H H H H 4 Special Session H-7 H-7 H-7 H-7 SYMPOSIUM I I I I I I I SYMPOSIUM J J J J J J J J POSTER MOUNTING SMART MATERIALS STRUCTURES & SYSTEMS MATERIALS SMART POSTER DISCUSSION SOCIALS OPENING CONCERT CAFFE CONCERTO STRAUSS CONFERENCE DINNER SUMMARY Invitation to attend Conference Flowsheet ..................................................................................
    [Show full text]
  • Interventi Ing 2019.Qxp INTERVENTI
    2_Safety 2019.qxp_LA SAFETY 03/06/19 08:59 Pagina 56 Sheet 2.3 Organisations oversight ORGANISATIONS OVERSIGHT In accordance with national and international standards, products, to verify compliance with certification SAFETY oversight activities are carried out by ENAC based on a requirements and monitor technical and/or operational National Oversight Program of Certified Organisations processes. through two main types of inspections: Inspections, so-called “deep cut” inspections on a Audits, formal programmed and unplanned inspections particular topic or activity, both on land and in flight, conducted on organizations, infrastructures, staff, programmed and unplanned, possibly even equipment, documentation, procedures, processes and unannounced. Approved organisations as of 31/12 2016 2017 2018 ADR Airports open to commercial traffic 45 43 43 ANSP Air Navigation Service Provider 7 7 7 POA Production Organisation Approval (Part 21 subpart F) - Production Organisations without certification privilege 6 4 4 POA Production Organisation Approval (Part 21 subpart G) - Production Organisations with certification privilege 49 52 54 AMO Approved Maintenance Organisation (Part 145) - Maintenance Organisations of aircraft classified as “Large aircraft” or used for Commercial Air Transport and/or their components 134 128 133 AMTO Approved Maintenance Training organisation (Part 147) Training organisations for technical personnel operating in maintenance organisations 15 14 15 AMO Approved Maintenance Organisation (PART M Subpart F) - Maintenance
    [Show full text]