Gardini flexes his muscles

Article Abstract:

Former trader Raul Gardini, a low-profile Italian billionaire, has entered a strategic collaboration between his company, Gruppo Ferruzzi, and Carlo De Benedetti's Sabaudia Group (also an investment firm), by a shareholding alliance, whose initial act was to make Ferruzzi the largest individual shareholder in Montedison, the second largest private sector firm in Italy. Montedison participates in the chemical industries, energy industries, and service industries. Gardini purchased a 14.5 percent interest in Montedison (with De Benedetti's help) for $500 million. Gardini's influence on Montedison is described, a biography of Gardini is provided, and descriptions of his trading activities on the Chicago and London markets are discussed. Gardini's Ferruzzi Group has invested in shipping, farmland, railroads, and cement.

Italy, Finance, Investments, Joint ventures, Stockholders, Corporations, Securities, Chemical industry, Investors, Montedison S.p.A., Corporations, Italian, Gardini, Raul, Gruppo Ferruzzi, Sabaudia Group

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Art & science in a quest for quality

Article Abstract:

Fazioli Pianoforti (Sacile, Italy) has carved out a place in the high-quality piano market competing with Steinway and Bosendorfer. Experts enjoy Fazioli's wonderfully clean and clear sound which is especially important when recording. The company has 15 full-time workers and creates 50 pianos a year. Fazioli Dir Paolo Fazioli hopes to build 100 pianos annually by 1993, and 200 a year by the end of the decade.

Design and construction, Piano, Pianos, Musical instrument makers, Fazioli, Paolo, Fazioli Pianoforti srl

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Institutionalizing entrepreneurship in a large company: a case study at AT&T

Article Abstract:

This article approaches corporate entrepreneurship as a logical response to the increasingly turbulent environment confronting industrial firms. A framework us developed to classify the obstacles which render entrepreneurship problematic in most industrial firms. A case study of successful mainstream entrepreneurship is summarized. (Reprinted by permission of the publisher.)

T, Organizational behavior, American Telephone and Telegraph Co.

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