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VIDEO: Turkey's 'Italian' makeover underway

2013-05-18 00:42:16| BBC News | Business | UK Edition

At a time of economic doom and gloom across much of Europe - the credit rating for Turkey has been upgraded.

Tags: video italian underway makeover

 

Largest European Drinking Water Plant To Feature GE's Advanced Membrane Technology Now Under Construction In Popular Italian Tourist Destination

2013-05-17 12:00:00| plantautomation News Articles

The largest drinking water purification plant in Europe to feature GE’s ZeeWeed* 500 advanced water treatment technology is under construction in Ravenna, Italy.

Tags: advanced popular technology water

 
 

Vimpelcom Q1 revenues flat on weak Italian market

2013-05-15 09:58:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported flat revenues for the first quarter, hurt by weaker results in its second-largest market Italy and negative currency effects. Revenues of USD 5.59 billion were up 1 percent on an organic basis and would have rose 4 percent organically if the 72 percent cut in Italian termination rates was excluded, the company said. In its home market Russia, revenues improved 4 percent to USD 2.30 billion and were up 5 percent on an organic basis, while Italian revenues fell 8 percent to USD 1.62 billion and dropped 9 percent on a comparable basis. Group EBITDA still improved 2 percent to USD 2.35 billion, and the net profit rose 28 percent to USD 408 million. Capex fell 6 percent to USD 595 million, but excludes USD 179 million for a backbone contract in Italy. Vimpelcom said it plans to accelerate capex in Russia and possibly Algeria to reach 21 percent of revenues over the full year. Operating cash flow fell 21 percent from year earlier to USD 1.27 billion, while net debt reduced to 2.3 times EBITDA from 2.6 a year ago. Vimpelcom maintained its dividend guidance and said it was on track to meet its medium-term targets.

Tags: market flat italian weak

 

QinetiQ Assists Fincantieri in Construction of Onboard Escape System for Italian Navy Submarines

2013-05-09 17:45:00| Naval Technology

QinetiQ was engaged by Fincantieri on behalf of the Italian Navy to provide independent advice. This included escape and safety system design support in the development and integration of a new onboard emergency escape system.

Tags: system construction italian escape

 

Alstom Selects Zonegreen for Hi-Tech Italian Railway Depot

2013-05-09 16:25:00| Railway Technology

Innovative software developed by Sheffield's Zonegreen is keeping operations at Italy's most advanced rail depot running smoothly and efficiently. Alstom has installed the South Yorkshire rail safety specialist's Operator Planning Suite (OPS) to over

Tags: italian depot railway selects

 

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