All entries located in Piemonte (Italy), newest first. tag:eurotrack.ai,2026:en:en/regions/piemonte 2026-09-25T06:00:00Z Eurotrack tag:eurotrack.ai,2026:a23a6583:en 2026-09-25T06:00:00Z

On 25.09.2026 Dublin-based power management group Eaton agreed to buy COL Group, an Italian maker of medium-voltage distribution equipment (including SF₆-free switchgear, grid automation and modular power systems), from Oaktree's Power Opportunities strategy at an enterprise value of €810m. COL Group has about 400 employees at sites in Turin, Milan, Bergamo and Catania and forecasts sales of €250m for 2027; Eaton aims to expand its manufacturing for data centre and utility customers in Europe. Closing is expected in the first quarter of 2027, subject to regulatory approvals (Eaton press release via Yahoo Finance, 25.09.2026). — Source: https://finance.yahoo.com/technology/articles/eaton-signs-agreement-acquire-col-104500822.html

tag:eurotrack.ai,2026:88bfd659:en 2026-09-18T06:00:00Z

Singapore-based chipmaker Silicon Box is building its first European plant in Novara (Piedmont) for chiplet integration, advanced packaging and semiconductor testing for AI and HPC applications; total investment €3.2bn, including €1.3bn in Italian state support, and around 1,600 direct jobs. At a meeting with regional president Alberto Cirio and mayor Alessandro Canelli in Novara on 18 Sept 2026, industry minister Adolfo Urso announced that Invitalia's decision allocating the funding would come by the end of the month ("Entro la fine del mese, questo percorso si concretizzerà con la delibera di Invitalia per l'assegnazione del finanziamento"). The development agreement (Accordo di sviluppo) had already been signed at the ministry in March 2026; construction is due to start in spring 2027 (Corriere di Novara, 18 Sept 2026; Newsnovara, 19 Sept 2026). Update (01.10.2026): Invitalia's board approved the project ("Progetto Vulcan") together with €1.3bn in public support under the European Chips Act framework; the project documents are to be submitted by the end of 2026, after which a single authorisation (autorizzazione unica) is required, with construction scheduled to start in spring 2027 (Piedmont Region). — Sources: https://corrieredinovara.it/economia/silicon-box-il-ministro-urso-a-novara-entro-fine-mese-la-delibera-di-invitalia-per-lassegnazione-del-finanziamento/ · https://www.regione.piemonte.it/web/pinforma/notizie/microchip-via-libera-invitalia-al-finanziamento-per-progetto-silicon-box-novara

tag:eurotrack.ai,2026:fe989d9e:en 2026-09-16T06:00:00Z

PF Holdings, the majority shareholder controlled by India's Mahindra group with 78.823% of Pininfarina, announced on 16 September 2026 a voluntary tender offer for the remaining 16,660,587 shares (21.177% of the capital) at €1.00 per share in cash — a 20% premium to the closing price of 15 September 2026, maximum outlay about €16.7m. The aim is to delist the Turin design house, listed since 1986, from Euronext Milan; the offer document goes to Consob within 20 days, the acceptance period is to last 15 to 40 trading days, and the transaction is subject to Consob approval and Golden Power clearance by the government (ANSA, 16 September 2026; Milano Finanza, 17 September 2026). Update (23.09.2026): through further market purchases at no more than €1.00 per share, PF Holdings now holds 64,047,889 shares or 81.409% of the capital; Pininfarina's board has taken note of the offer and begun its assessment, including the selection of advisers (Teleborsa, 23.09.2026). Update (7 Oct 2026): PF Holdings has filed the offer document with Consob; after further market purchases the bidder holds 64,709,121 shares or 82.250%, and the offer at €1 per share (cum dividend) covers at most 13,964,715 shares (17.750%); the acceptance period begins only after Consob approval (Teleborsa, 7 Oct 2026). Update (21 October 2026): Consob has approved the offer document; the acceptance period of PF Holdings' offer starts on 26 October 2026 (Teleborsa, 21 October 2026). — Sources: https://www.ansa.it/sito/notizie/economia/2026/09/16/pininfarina-al-via-lopa-volontaria-per-il-delisting-da-piazza-affari_1e299700-d91d-4369-8353-53670780bea4.html · https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/opa-pininfarina-l-offerente-sale-all-814-del-capitale-con-acquisti-sul-mercato-259_2026-09-23_TLB.html?lang=it · https://www.teleborsa.it/News/2026/10/07/pininfarina-pf-holdings-deposita-il-documento-opa-presso-la-consob-3.html · https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/pininfarina-opa-al-via-il-26-ottobre-dopo-approvazione-consob-del-documento-di-offerta-217_2026-10-21_TLB.html?lang=it

tag:eurotrack.ai,2026:8f674061:en 2026-09-16T06:00:00Z

US transmission maker Allison Transmission, the new owner of the former Dana plant in Sommariva Perno, announced on 16 September 2026 the closure of the site: all production and the 180 employees are to be moved to the Rivoli (Turin) plant about 50 km away. FIM-CISL, FIOM-CGIL and UIL call the decision 'unacceptable' and point out that during talks at the industry ministry MIMIT the company had assured that no Italian site would be closed; an eight-hour strike was held outside the plant on 17 September 2026 (Quotidiano Piemontese, 17 September 2026). Update (22.09.2026): Industry minister Adolfo Urso ordered a formal review of whether Allison is complying with the golden-power conditions attached to its purchase of the plant, and summoned the company to the ministry; Senator Giorgio Maria Bergesio had previously tabled a parliamentary question (Cuneo24, 22.09.2026: https://www.cuneo24.it/2026/09/golden-power-sulla-ex-dana-graziano-il-ministero-convoca-allison-transmission-360613). Update (02.10.2026): At a meeting at the Unione Industriale in Turin, Allison and the unions Fim, Fiom and Uilm signed a minute suspending the transfer of the 180 workers to Rivoli: while talks on alternatives for the Roero site continue, the company may not move staff or machinery and the unions have suspended strikes (Grugliasco24, 02.10.2026). — Sources: https://www.grugliasco24.it/2026/09/16/leggi-notizia/argomenti/economia-e-lavoro-5/articolo/ex-dana-di-sommariva-perno-la-nuova-proprieta-usa-vuole-trasferire-lintera-produzione-e-180-lavor-4.html · https://www.grugliasco24.it/2026/10/02/leggi-notizia/argomenti/economia-e-lavoro-5/articolo/vertenza-allison-transmission-vertice-allunione-industriale-congelato-il-trasferimento-da-sommari-4.html

tag:eurotrack.ai,2026:fa446ae3:en 2026-07-18T06:00:00Z

On 18 July Italy's Health Ministry granted Piedmont's request to add the new Regina Margherita children's hospital (around 50,000 m², 294 beds, part of the future Parco della Salute in Turin) to the programme financed by the INAIL accident-insurance fund; the project is budgeted at around €300 million. — Source: https://www.torinoggi.it/2026/07/18/leggi-notizia/argomenti/sanita-5/articolo/nuovo-regina-margherita-il-ministero-della-salute-inserisce-lopera-nel-programma-finanziato-dalli.html

tag:eurotrack.ai,2026:bb0169b7:en 2026-07-16T06:00:00Z

On 16 July Turin unveiled the 'AI Foundry Peano' compute infrastructure — hosted at the Italian Institute for Artificial Intelligence (AI4I). It is meant to support advanced AI research and applications with dedicated compute; no investment figure was stated. — Source: https://www.ansa.it/canale_tecnologia/notizie/future_tech/2026/07/16/a-torino-peano-la-nuova-infrastruttura-per-lintelligenza-artificiale-avanzata_d6aa3f8a-3bd8-4977-8896-4a22cb167b7d.html

tag:eurotrack.ai,2026:b0dc61db:en 2025-01-27T06:00:00Z

The 49 km single-track, non-electrified Savigliano–Saluzzo–Cuneo railway in Piedmont (sections Savigliano–Saluzzo 17 km and Saluzzo–Cuneo 31.8 km) had been closed to passenger traffic since June 2012 (with only a brief partial resumption in 2019). On 27 January 2025 the full line was reactivated after nearly 13 years by private operator Arenaways under a 10-year contract with the Piedmont region. The preceding infrastructure rehabilitation cost approximately EUR 40 million; four ATR 220 diesel multiple units with 155 seats each are in service. — Source: https://it.wikipedia.org/wiki/Ferrovia_Savigliano-Saluzzo-Cuneo