DOCSLIB.ORG

PININFARINA S.P.A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PININFARINA S.P.A (Translation from the Italian original which remains the definitive version) PININFARINA S.p.A. 2018 Annual Financial Report Pininfarina S.p.A. - Share capital €54,287,128 fully paid-up - Registered office in Turin, Via Bruno Buozzi 6 Tax Code and Turin Company Registration no. 00489110015 1 On 22 March 2019, the Board of Directors approved the separate financial statements of Pininfarina S.p.A., the consolidated financial statements as at and for the year ended 31 December 2018 and the directors’ reports. 2 ORDINARY SHAREHOLDERS’ MEETING 13 MAY 2019 The shareholders are called for their ordinary meeting on first call at 11.30 am at the Sala “Sergio Pininfarina” of Pininfarina S.p.A. in Via Nazionale 30, Cambiano (Turin) on 13 May 2019. AGENDA 1) Approval of the separate financial statements of PININFARINA S.p.A. and PININFARINA EXTRA S.r.l. (company incorporated by PININFARINA S.p.A. with effect from January 1, 2019) as at and for the year ended at 31 December 2018. Related resolutions. 2) Remuneration report and resolution pursuant to article 123-ter of Legislative decree no. 58/1998. 3) Appointment of the Board of Directors, with the previous determination of the number of the members, the term of the office, and the determination of their compensation. Related and consequent resolutions. 3 4 Board of Directors Chairman * Paolo Pininfarina (4) Chief Executive Officer Silvio Pietro Angori (4) Directors Manoj Bhat Romina Guglielmetti (2) (3) Chander Prakash Gurnani Jay Itzkowitz (1) (2) (3) Licia Mattioli (1) (2) Sara Miglioli (3) Antony Sheriff (1) (1) Member of the Nomination and Remuneration Committee (2) Member of the Control and Risk Committee (3) Member of the Committee for Transactions with Related Parties (4) Responsible for the Internal Control and Risk Management System Board of Statutory Auditors Chairman Massimo Miani Standing Statutory Auditors Antonia Di Bella Alain Devalle Alternate Statutory Auditors Luciana Dolci Fausto Piccinini Secretary to the Board of Directors and Manager in charge of financial reporting Gianfranco Albertini Independent Auditors KPMG S.p.A. *Powers Pursuant to article 22 of the bylaws, the Chairman is the parent’s legal representative vis-à-vis third parties and in court proceedings. 5 Letter to PININFARINA’s Shareholders Dear Shareholders, 2018 has been a record year in the recent history of Pininfarina for the achieved and consolidated economical results. Confirming the excellent results of 2017, the economic and financial sustainability of Pininfarina has been confirmed, as well as the effectiveness of its strategic positioning, unique in the market, and its ability to offer services and solutions with high added value for customers. Economic and financial indicators Most of economic and financial indicators have grown as compared to those of 2017: the Value of Production has reached 105,3 M€ with a growth of 21% on the previous year. EBITDA amounts to 12,6 M€, reaching 12% of the Value of Production and growing by 68% as compared to 2017. The EBIT result of 3,8 M€ shows a decrease of 10% on 2017 mainly due to the reserves provisions of 5,4 M€. The consolidated net result of Pininfarina S.p.A. reaches 2,2M€ showing a growth of 69% as compared to 2017. Pininfarina’s Group net equity increased to 61,7 M€ against the 58,8 M€ of the previous financial year, increase mainly due to the net income. At the same time, the gross debt has further decreased to 34,3 M€ from 37,8 M€ of the previous year. Finally, the positive net financial position of 5,2 M€ is in decline compared with the positive value of 12,0 M€ of 2017, mainly due to a negative trend of the working capital. Pininfarina’s share price and Shareholders value In 2017, the overall results of the Company gained the appreciation of the financial markets as witnessed by an increase of 58% of the share price during the fiscal year. 2018 has been a negative year for the Italian Stock Exchange as witnessed by the decline of most relevant indices: FTSE Italia All-Share index declined by 17%, FTSE Italia Auto & Parts by 12% and FTSE Italia Brands of which Pininfarina is part by 18%. On the contrary, Pininfarina share prices increased by 14%, reaching a value of 2,27 Euro per share on December 28th 2018. Furthermore, in 2018, Pininfarina was the Company with the highest Total Shareholders’ Return among the European Automotive Companies. This result is particularly significant considering that, during the period, no extraordinary operations occurred. The Orders Portfolio The orders portfolio is solid, despite unfavorable geo-economical conditions, with a particular reference to the slowdown of the Chinese automotive market and to the general slowdown of the world economy. In the automotive sector, primary source of business for Pininfarina, the Company has converted orders and will focus on further multimillionaire orders from alternative propulsion vehicle manufacturers (electrical and hybrid motors) and on 6 the sustainable mobility sector, in addition to boosting volumes with traditional propulsion sport and premium cars manufacturers. At the same time, there is an increase in activities in the field of industrial design, architectural design, in nautical products and, in general, in the transportation field. Pininfarina is continuing to enhance its brand, extending its use in licenses for high perceived value life-style products. In this context, it is worth noting the conclusion of an agreement with International Management Group Limited (IMG) in order to promote Pininfarina brand license contracts. Finally, a market diversification is recently taking place, increasing volumes in high growth markets such as United States, China, Vietnam and India and reducing the dependence percentage of the European market, which is already limited to 40% of the value of production. Reorganization of the company’s structure The Company has taken steps to reorganize its structure in order to centralize the management of its direct personel resource, create an adequate critical mass and efficiently communicate its value proposition in the two key business areas in which it operates: Design and Engineering services. For this reason, effective July 1st 2018, Pininfarina Engineering S.r.l. company became operational, fully owned and managed by the parent company Pininfarina S.p.A., which received the transfer of the company’s branch “Engineering” and the control of Pininfarina Deutschland Holding GmbH. On January 1st 2019, the merger by incorporation of Pininfarina Extra S.r.l. into the parent company was executed. In addition to the above-mentioned organizational and strategic benefits, the company’s merger aims at promoting synergies through the automotive, the transportation and the interior design sectors, by creating a unique Center of Creativity for the Pininfarina Group. Human Capital At the end of December, Pininfarina had 656 employees from 42 different nationalities operating on 3 continents. Human resources represent the key wealth of the company and the very good results achieved in this period and in the previous year depend on the cultural, geographical and gender diversity and on the assiduous work and tenacity of our people. Moreover, high level professionals have been hired, with relevant skills in emerging sectors of strategic importance such as User Experience and Digital Design. These skills mixing physical and digital design allow the Company to strengthen its position in the market and to manage the recent trends, for example, design of the interiors of driverless cars which are strongly influenced by the home interior design and architecture solutions. Strategic initiatives Considering the favorable business and financial conditions, in 2018 different strategical initiatives have been launched, with an expected return in the medium term. In particular, in order to extend the range of our services and to build our resources skills, an Innovation Program has been developed in order to create new sources of business, through synergic cooperation with startup companies and external institutions. 7 The current year and its opportunities In 2019, the Company will consolidate the 2018 economic results and reduce the amount of the debt at consolidated level. The general slowdown of global economies and the uncertainty about the development of commercial policies among the different nations of the world are not the optimal conditions for the Pininfarina business. However, some peculiar business opportunities have been identified in different key sectors where it is possible to create high added value solutions for our clients and to guarantee high profits. In particular, the Company is developing archetypes of platforms for alternative propulsion vehicles in order to stimulate the interest of some automotive startup companies which do not have them. In conclusion, we would like to thank you Shareholders for the confidence you expressed in the Company, encouraging us to constantly to achieve further and prestigious goals. March 22, 2019 Mr. Paolo Pininfarina Mr. Silvio Pietro Angori Chairman Chief Executive Officer 8 CONTENTS Directors’ report page 11 Outlook for 2019 page 28 Financial statements as at and for the year ended 31 December 2018 page 29 Notes to the financial statements page 36 Other information page 68 Disclosure on the independent auditors’ fees required by article 149-duodecies page 72 of the Consob regulation Proposal for the allocation of the profit for the year page 73 Statement on the consolidated financial statements pursuant to article 154-bis page 74 of Legislative decree no. 58/98 Statutory Auditors’ report page 75 Independent Auditors’ report page 82 Consolidated financial statements as at and for the year ended 31 December 2018 page 89 Notes to the consolidated financial statements page 96 Other information page 141 Disclosure on the independent auditors’ fees required by article 149-duodecies of page 145 the Consob regulation Statement on the consolidated financial statements pursuant to article 154-bis of page 148 Legislative decree no.
Load more

Recommended publications
  • PININFARINA Verbale Con Firmato
    "PININFARINA S.p.A." Sede Torino, via Bruno Buozzi n. 6 Capitale sociale euro 54.287.128 Registro delle imprese - ufficio di Torino n. 00489110015 Società le cui azioni sono ammesse alle negoziazioni presso il Mercato Telematico Azionario organizzato e gestito da Borsa Italiana S.p.A. * * * * * Verbale della parte ordinaria dell'assemblea degli azionisti tenutasi il 14 maggio 2018 . * * * * * Il quattordici maggio duemiladiciotto , in Cambiano (TO), nello stabile sito in via Nazio- nale n. 30, presso la sala "Sergio Pininfarina", alle ore 11,30 circa, si è riunita in prima convo- cazione l'assemblea ordinaria e straordinaria de- gli azionisti della Società, convocata con avviso pubblicato in data 4 aprile 2018 sul sito Internet della Società e nel meccanismo di stoccaggio auto- rizzato eMarket Storage nonché, per estratto, sul quotidiano Italia Oggi per discutere e deliberare sul seguente Ordine del giorno Parte ordinaria 1. Approvazione del bilancio al 31 dicembre 2017 e deliberazioni relative . 2. Relazione sulla remunerazione e deliberazioni di cui all'art. 123 ter del D. Lgs. 58/1998 . 3. Nomina del collegio sindacale e determinazione della retribuzione dei sindaci effettivi. Delibera- zioni inerenti e conseguenti . Parte straordinaria Proposta di modifica dell'articolo 24 dello statu- to sociale in merito ai requisiti dei sindaci . Assume la presidenza, ai sensi dell'articolo 14 dello statuto sociale, e regola lo svolgimento del- l'assemblea il presidente del consiglio di ammini- strazione ingegner Paolo PININFARINA il quale fa presente che, come aveva anticipato lo scorso an- no, la denominazione della sala nella quale, come in passato, si svolge l'assemblea è stata modifica- ta in sala "Sergio Pininfarina", in ricordo del presidente Sergio PININFARINA che ha lavorato in A- zienda per più di 60 anni ricoprendone la carica di presidente per 40, per precisione dal 1966 al 2006.
    [Show full text]
  • Feisty Fiats! Trofeo Racer in Action
    ABARTH ● ALFA ROMEO ● FERRARI ● FIAT ● LANCIA ● MASERATI Issue 292 June 2020 £4.99 ALFASUD FEISTY FIATS! TROFEO RACER IN ACTION ALFA 6C GILCO GHIA 500 ZAGATO 131 ABARTH PININFARINA 90 years of design LOST LAMBORGHINIS I I Prototypes revealed I RALLIES & EVENTS Reports in detail FERRARI 225 S 1952 Vignale www.auto-italia.co.uk www.auto-italia.co.uk £80,000 FERRARI FF – SHOULD YOU TAKE THE PLUNGE? Alfa Romeo GTV Cup Alfa Romeo 147 V6 24V GTA 53,854 miles. One owner for the last 16 years. GTV Cup number 79. Full Just completed a major service including cambelts, service history and is completely original. Last serviced in September 2019 and water pump and brakes. 127,598 miles. had a new timing belt in September 2017. £11,995 Price: £9,490 * No 1 out of 180 Fiat, Alfa Romeo and Chrysler Jeep dealers for customer satisfaction in the UK. Oct-Dec 2018 * No 1 out of 165 Fiat, Alfa Romeo and Chrysler Jeep dealers for customer satisfaction in the UK. July-Sep 2018 * No 1 out of 165 Fiat, Alfa Romeo and Chrysler Jeep dealers for customer satisfaction in the UK. April–June 2018 * No 1 out of 165 Fiat, Alfa Romeo and Chrysler Jeep dealers for customer satisfaction in the UK. Jan-Mar 2018 WELCOME www.auto-italia.net Editor Chris Rees [email protected] Photographic Editor Michael Ward [email protected] Events Director Phil Ward [email protected] Editor at Large Peter Collins Contributors Peter Collins, Richard Heseltine, Andy Heywood, Martin Buckley, Peter Nunn, Simon Park, Steve Berry, Simon Charlesworth, Mike Rysiecki, Tim Pitt, Richard Dredge, Bryan McCarthy, and Phil Ward Art Editor Michael Ward Tel: 01462 811115 Back Issues Tel: 01462 811115 Subscriptions www.auto-italia.net [email protected] Managing Director Michael Ward General Manager Claire Prior [email protected] Advertisement Managers David Lerpiniere [email protected] Simon Hyland o here I sit, like millions of us, working from home.
    [Show full text]
  • Made in Italy: Automobili Pininfarina Battista Takes to the Road for First Time in Turin
    MADE IN ITALY: AUTOMOBILI PININFARINA BATTISTA TAKES TO THE ROAD FOR FIRST TIME IN TURIN PRESS RELEASE PRESS • • • • • • • • • • • • • • • • • • Pre-series version of pure-electric Battista hyper GT takes first drive on public roads in home city of Turin • Automobili Pininfarina, the world's first pure electric luxury carmaker, has established its Design, Engineering and Operations hub in Turin • A network of Italian industrial partners has contributed to creation of Battista - Italy's most powerful sports car – which enters production in summer 2021 • Momentous occasion was celebrated by Per Svantesson (CEO, Automobili Pininfarina), Chiara Appendino (Mayor, City of Turin), Paolo Pininfarina (Chairman, Pininfarina SpA) and Giacomo Danisi (CEO, DANISI Engineering) • New images of Battista in Turin available to download here 1 AUTOMOBILI- PININFARINA. COM/ MEDIA- ZONE PRESS@ AUTOMOBILI- PININFARINA. COM ( TURIN, 1 7 MARCH 2021 ) The Automobili Pininfarina Battista has taken to the road for the first time in its home city of Turin, as the Italian-designed and handmade-pure-electric pre-series hyper GT was presented in dynamic form to leading representatives of Government, Industry and Education in Piemonte. Automobili Pininfarina has its Design, Engineering and Manufacturing hub in Turin. In 2019 the company PRESS RELEASE PRESS announced it would create no more than 150 examples of the 1,900PS Battista for clients worldwide, with deliveries beginning later this year. The pure, beautiful and rare hyper GT is the first in a range of innovative
    [Show full text]
  • PININFARINA Verbale Con Firmato
    "PININFARINA S.p.A. " Sede Torino, via Bruno Buozzi n. 6 Capitale sociale euro 54.287.128 Registro delle imprese - ufficio di Torino n. 00489110015 Società le cui azioni sono ammesse alle negoziazioni presso il Mercato Telematico Azionario organizzato e gestito da Borsa Italiana S.p.A. * * * * * Verbale dell'assemblea ordinaria degli azionisti tenutasi il 13 mag- gio 2019 . * * * * * Il tredici maggio duemiladiciannove , in Cambiano (TO), nello stabile sito in via Nazionale n. 30, presso la sala "Sergio Pininfarina", alle ore 11,30 circa, si è riunita in pri- ma convocazione l'assemblea ordinaria degli azionisti della So- cietà, convocata con avviso pubblicato in data 3 aprile 2019 sul si- to internet della Società e nel meccanismo di stoccaggio autorizza- to eMarket Storage nonché, per estratto, sul quotidiano Italia Og- gi per discutere e deliberare sul seguente Ordine del giorno 1. Approvazione del bilancio al 31 dicembre 2018 della PININFARI- NA S.p.A. e della PININFARINA EXTRA S.r.l. (società incorporata dalla PININFARINA S.p.A. con effetto dal 1° gennaio 2019). Deli- berazioni relative. 2. Relazione sulla remunerazione e deliberazioni di cui all'art. 123 1 ter del D.Lgs. 58/1998. 3. Nomina del consiglio di amministrazione, previa determinazio- ne del numero dei suoi componenti e della relativa durata in cari- ca, e determinazione del compenso spettante agli stessi. Delibera- zioni inerenti e conseguenti. Assume la presidenza, ai sensi dell'articolo 14 dello statuto socia- le, e regola lo svolgimento dell'assemblea il presidente del consi- glio di amministrazione ingegner Paolo PININFARINA il quale co- munica anzitutto: - che l'avviso di convocazione è stato pubblicato come dianzi det- to, ai sensi dell'articolo 10 dello statuto sociale e delle relative di- sposizioni normative; - che sono stati regolarmente espletati i previsti adempimenti in- formativi nei confronti del pubblico; - che l'assemblea è regolarmente costituita in quanto sono pre- senti o rappresentati n.
    [Show full text]
  • Pininfarina Extra
    LUISS TEACHING CASES Brand Development through Brand Extension and Licensing: Pininfarina Extra Marco Francesco Mazzù Luiss Guido Carli In collaboration with Pininfarina Management TEACHING CASES 2020 ISBN 978-88-6105-533-9 Introduction Year 2012 started as a key defining moment for Pininfarina Group and its future. In the eyes of the management team, the last five years have been full of hitches. A lot of personal energies have been dedicated to guide the organization through a set of diverse and serious challenges: years between 2007 and 2011 were characterized by the Global crisis of the Automotive sector, main historical focus of the group; some investments in partnership with major OEM did not reach the expected pay-off; the group has been forced to rethink its historical focus of activities, and, even more important, the dramatic death of Andrea in 2008, CEO of the Group at that time, forced an unexpected and unplanned change in leadership an internal governance, including the entrance of the first external members to Pininfarina’s family in top management position. Despite con- tinuing to succeed with its image in the market, as testified by winning several international “best designer” awards1, a strong bank intervention has been needed to guarantee company con- tinuity, and sales were not coping up with the expected level to support future growth. In addition, some of the core activities have been divested. It has been clear to the management, that the historical company focus, and the Automotive mar- ket was not anymore enough to support a healthy outlook. Something more should also be done to develop other “internal jewels” of the company as Pininfarina Extra (PFE), founded in 1986, and focused on bringing the company’s design culture and comprehension of modern life, culture and social paradigms to other categories of industrial design.
    [Show full text]
  • Automobili Pininfarina Battista Scoops Gq Electric Hypercar of the Year Award
    Press Release UNDER STRICT EMBARGO: 21:00 GMT 03 February 2020 AUTOMOBILI PININFARINA BATTISTA SCOOPS GQ ELECTRIC HYPERCAR OF THE YEAR AWARD ˃ First award of the new year for Battista as Automobili Pininfarina prepares to enter production in 2020 ˃ Battista is the most powerful Italian sports car of all time, with a pure-electric powertrain producing 1,900 hp and with zero CO2 emissions ˃ New image and film available to download here (London, 3rd February 2020): GQ, the world’s leading men’s lifestyle brand, has awarded the title of ‘Electric Hypercar of the Year’ to the new Automobili Pininfarina Battista at a star-studded Car of the Year (GQ CotY) ceremony in central London. The prestigious award coincides with the start of the 90th anniversary celebrations of Pininfarina, the legendary design house and coachbuilder of some of the world’s most beautiful and timeless automotive creations. No more than 150 Battista hypercars will be created, each by hand in Cambiano, Italy, from the end of 2020. As rare as it is beautiful, Battista is the realisation of company founder Battista ‘Pinin’ Farina’s long-held dream to see a car produced wearing solely the Pininfarina name. Automobili Pininfarina | [email protected] | www.automobili-pininfarina.com 1/3 Press Release The combination of legendary design DNA and the electrified technology of the future is unique to Battista. Receiving the GQ CotY award, Automobili Pininfarina’s Chief Design Officer Luca Borgogno commented: “The Battista combines aesthetic beauty and purity in its design, and some of the world’s most technologically innovative engineering under its carbon fibre skin.
    [Show full text]
  • Pininfarina Group – 2020 Consolidated Non-Financial Statement
    (Translation from the Italian original which remains the definitive version) PININFARINA GROUP 2020 consolidated non-financial statement Pininfarina S.p.A. - Share capital €54,287,128 fully paid-up - Registered office in Via Montecuccoli 9, Turin Tax code and Turin Office Company registration no. 00489110015 Letter to stakeholders 2020 was an unusual year, marked by unpredictable events, huge challenges and the radical upheaval of the world in which Pininfarina - along with most global enterprises - operates. Covid-19 accelerated the crisis in certain markets, such as the automotive sector, provoking repercussions for companies that provide support activities to large groups. However, despite the difficulties caused by the pandemic, we have always kept the company fully up and running and maintained our commitment to creating sustainable value over the long term. As we have reiterated, we are well aware that people, the environment and the community must never be sacrificed for the sake of economic growth or developing a solid business. It is with this spirit and our aim to provide the market and the group’s stakeholders with the most exhaustive account possible of Pininfarina’s distinctive commitment to sustainability that we have published a non-financial statement again this year. We do not consider this to be just a legal obligation, but a chance to advocate our culture and our vision of doing business in a sustainable manner. We celebrated our 90-year anniversary in 2020. 90 years of events, cars and objects always created in the spirit of innovation and great Italian style. We have over 600 employees who work with commitment and professionalism every day in Italy, Germany, China and the US to promote our brand and the image of our company throughout the world.
    [Show full text]
  • 2019 Consolidated Non-Financial Statement
    (Translation from the Italian original which remains the definitive version) PININFARINA GROUP 2019 consolidated non-financial statement Pininfarina S.p.A. - Share capital €54,287,128 fully paid-up - Registered office in Via Bruno Buozzi 6, Turin Tax code and Turin Office Company registration no. 00489110015 Letter to stakeholders At Pininfarina we are aware that economic growth and attainment of business objectives cannot and should not be achieved to the detriment of individuals, the environment or the communities of the areas where the group operates. We believe that respecting such values is the cornerstone of a long-term strategy, as long-lasting value cannot be generated without a sustainable growth plan. Accordingly, and in line with previous years, the Pininfarina Group has decided to publish this non-financial statement in order to provide adequate disclosure to the market and all its stakeholders. This statement is not only a legislative obligation to be met, but also a chance to enhance the group’s corporate culture which has always kept a close eye on sustainability issues. Indeed, Pininfarina launched a stakeholder engagement project during the year in order to ascertain which issues are key to its stakeholders. As part of this project, an initial section of group employees was involved in workshops aimed at stimulating open, honest, constructive dialogue on such issues in an attempt to foster a culture of sustainability. The outcome of this project can already be seen in this statement, i.e., the Materiality Matrix. Furthermore, the results of the employee survey have stimulated top management to investigate additional issues to be included in future non-financial statements in order to provide the market and our stakeholders with the most thorough framework possible of the commitment that has always set us apart in the world of sustainability.
    [Show full text]
  • PININFARINA S.P.A
    PININFARINA S.p.A. Relazione finanziaria annuale al 31 dicembre 2018 Pininfarina S.p.A. - Capitale sociale Euro 54.287.128 interamente versato - Sede sociale in Torino Via Bruno Buozzi 6 Codice fiscale e numero iscrizione Registro Imprese - Ufficio di Torino - 00489110015 1 Il Bilancio Pininfarina SpA, il bilancio consolidato al 31/12/2018 e le relazioni sulla gestione sono stati approvati dal Consiglio di Amministrazione in data 22 marzo 2019. 2 ASSEMBLEA ORDINARIA DEGLI AZIONISTI 13 MAGGIO 2019 L’Assemblea ordinaria è stata indetta in prima convocazione per il giorno 13 maggio 2019 ore 11,30 presso la Sala “Sergio Pininfarina” della Pininfarina S.p.A. in Cambiano (Torino) Via Nazionale 30. ORDINE DEL GIORNO 1) Approvazione del Bilancio al 31 dicembre 2018 della PININFARINA S.p.A. e della PININFARINA EXTRA S.r.l. (società incorporata dalla Pininfarina S.p.A. con effetto dal 1° gennaio 2019). Deliberazioni relative. 2) Relazione sulla remunerazione e deliberazioni di cui all’art. 123 ter del D.Lgs. 58/1998. 3) Nomina del consiglio di amministrazione, previa determinazione del numero dei suoi componenti e della relativa durata in carica, e determinazione del compenso spettante agli stessi. Deliberazioni inerenti e conseguenti 3 4 Consiglio di amministrazione Presidente * Paolo Pininfarina (4) Amministratore Delegato Silvio Pietro Angori (4) Amministratori Manoj Bhat Romina Guglielmetti (2) (3) Chander Prakash Gurnani Jay Itzkowitz (1) (2) (3) Licia Mattioli (1) (2) Sara Miglioli (3) Antony Sheriff (1) (1) Componente del Comitato Nomine e Remunerazioni (2) Componente del Comitato Controllo e Rischi (3) Componente del Comitato per le Operazioni con Parti Correlate (4) Amministratore incaricato del sistema di controllo interno e di gestione dei rischi Collegio sindacale Presidente Massimo Miani Sindaci effettivi Antonia Di Bella Alain Devalle Sindaci supplenti Luciana Dolci Fausto Piccinini Segretario del consiglio e Dirigente preposto alla redazione dei documenti contabili societari Gianfranco Albertini Società di revisione KPMG S.p.A.
    [Show full text]
  • Fuori Dei Sentieri Battuti
    FUORI DEI SENTIERI BATTUTI PAVING THE WAY FOR AUTOMOBILI PININFARINA BRAND SUCCESS BY JORDY MOLL DISCLAIMER SUPERVISORY TEAM This master thesis is written in context of the Chair: mr. Elmer van Grondelle master Strategic Product Design at the faculty Mentor: mrs. Susie Brand-de Groot of Industrial Design Engineering at the Delft Mentor Automobili Pininfarina: mr. Dan Connell University of Technology in The Netherlands. (Chief Brand Officer) Delft, August 2020 AUTOMOBILI PININFARINA GRADUATE STUDENT Dingolfinger Str. 9, 81673 Munich, Germany Jordy Moll Student number: 4613538 DELFT UNIVERSITY OF TECHNOLOGY Graduation date: 28th August, 2020 Landbergstraat 15, 2628 CE, Delft All2 pictures inAUTOMOBILI this document are PININFARINA owned by the writer VISION of this document 2025 or courtesy of Automobili Pininfarina and the Pininfarina archives unless stated otherwise. FUORI DEI SENTIERI BATTUTI PAVING THE WAY FOR AUTOMOBILI PININFARINA BRAND SUCCESS 3 PREFACE Intense. That is the best way to describe the & Communications department, where I got the company and university interests. I has been the process that led to the master thesis in front of chance to combine my love for the automotive best learning experience I could have asked for in you. A period of hard work, struggles and success industry, brand development and design. A that sense, a leap into an unknown process. It has combined into one document. The final step from perfect ending for my studies at Delft University been a year of intense professional development, a Strategic Product Design master student to a of Technology and a perfect beginning for my that helped me to understand at a personal level professional ready for the next big step.
    [Show full text]
  • First Look Under Skin of New Battista Prototype At
    PRESS RELEASE UNDER STRICT EMBARGO: 09:00 CET, 5 AUGUST 2020 FIRST LOOK UNDER SKIN OF NEW BATTISTA PROTOTYPE AT CONCOURS VIRTUAL Automobili Pininfarina will showcase Battista prototype technology for the first time as part of inaugural Concours Virtual here New limited-edition Battista Anniversario to be given world premiere online by Chief Design Officer Luca Borgogno Automobili Pininfarina CEO Per Svantesson shares vision for a pure- electric future, inspired by a glorious past New images of Battista prototype available to download here (Turin, 05 August 2020) The technology at the heart of the most powerful Italian sports car of all time will be presented to the world for the first time on 07 August 2020, by AUTOMOBILI PININFARINA AUTOMOBILI-PININFARINA.COM/MEDIA-ZONE [email protected] 1 PRESS RELEASE Automobili Pininfarina Chief Product and Engineering Officer Paolo Dellacha. As part of a series of exclusive new films shown on a day dedicated to Automobili Pininfarina and the new Battista pure-electric hypercar, this preview of the Battista and its rigorous test programme will be broadcast online at the website of the inaugural Concours Virtual here at 14:00 CET on 07 August. Automobili Pininfarina CEO Per Svantesson said: “The opportunity to showcase the work of the Automobili Pininfarina team as part of the Concours Virtual coincides with the first Battista prototype test vehicles nearing completion at the home of our hypercar and Pininfarina SpA in Cambiano, Italy. “Throughout a challenging period, our engineers and experts across the business have worked tirelessly to ensure we bring Battista to life this year.
    [Show full text]
  • PININFARINA. the SHAPE of the FUTURE 90 YEARS of STYLE and INNOVATION on SHOW at the MAUTO in TURIN from 20 May to 12 September 2021
    MAY 2021/PRESS RELEASE PININFARINA. THE SHAPE OF THE FUTURE 90 YEARS OF STYLE AND INNOVATION ON SHOW AT THE MAUTO IN TURIN From 20 May to 12 September 2021 Turin, 20 May 2021 – The MAUTO - Museo Nazionale have shown the world intriguing formal and technical dell’Automobile di Torino today inaugurates the exhibition solutions that respect the environment and resources “La Forma del Futuro” (The Shape of the Future), an while still being driven by design. In some cases, these extraordinary exhibition that, with the contribution of fanciful four-wheeled creations were born to seduce 16 exceptional cars, narrates Pininfarina’s innate ability manufacturers and public at international motor shows, to envisage the future and give it form by staying ahead but they also contain solutions designed for future of the times and setting trends. A selection of research mobility. In others, the research was driven by or was a prototypes, dream cars and exclusive cars testifying to response to environmental issues and energy crises. the genius expressed by the world’s most famous Italian In these cases the insistence was on aerodynamic forms design house over three generations and more than and alternative technologies and materials to make 90 years of history, with an approach to design that, by vehicles lighter and less polluting. Models that explore combining style and function, has left its signature on the and impact new aesthetic and technological trends, some evolution of the motor car. evolutionary, others extreme, but always outside the aesthetic canons of their epoch. And also models whose Pininfarina has always designed with an eye to a better modernity and unique forms have made them museum future, including where cars are concerned.
    [Show full text]