Friulia acquires stake in SIAP

New outlooks for the Maniago (Pordenone) gear hub

The Friuli Venezia Giulia Regional finance company invests 3 million Euro

Campodarsego (Padova), 30 June 2010. With the goal of sustaining gear business development and in line with the actions set forth by the Carraro Group's three-year plan, the Shareholders' Meeting of SIAP SpA, a company specialised in producing gears and components located in Maniago (Pordenone), resolved a share capital increase today, for a total of 7.5 million Euro, increasing SIAP's share capital from 10,122,616 Euro to 17,622,616 Euro.

Go to Press release 30.06.2010


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Board of Directors approves results for first quarter 2010

Thanks to a moderate recovery of the reference markets and a sharp acceleration in the renewable energies segment, there was a turnaround in March with turnover up 8.5% compared with 2009.

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SIAP sells the STM forging company

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