Milan, 26 February 2018 - Italgas, leader in Italy and third in Europe in the gas distribution sector, becames part of the share capital of the MIP Politecnico di Milano Graduate School of Business.
Italgas' choice, which brings to 21 the national and multinational companies and institutions that make up the organisation's corporate structure, is in line with the Company's new approach, which has identified technological innovation and digitalization of the network as objectives to promote the adoption of new technologies in a predictive way for the benefit of the entire Italian gas distribution system.
The direct collaboration with the MIP and the network of associated companies will allow Italgas to promote and develop specific initiatives in the areas of management, digital transformation and continuous improvement, with a business-oriented approach; at the same time Italgas will provide the network of associated companies the know-how and the specific expertise acquired in 180 years of experience.
“The partnership with the Politecnico di Milano, which has always represented an excellence in the research, innovation and training sectors - commented Paolo Gallo, Italgas CEO - will help to promote the acquisition of know-how and new skills in the fields of management and digital technologies that our people need to carry out the challenging investment plan and pursue the growth and development targets that we have set for the Group's growth and for the entire Italian gas distribution system”.
In the words of Andrea Sianesi,
MIP Dean: “One of the long-standing building blocks in our strategy at our Business School is our closeness to companies and business and our desire to be an integral part of this world. Italgas, the leading operator in Italy in the field of natural gas urban distribution, has now joined our corporate structure, confirming the quality of our education and the special projects that we have developed, especially in the strategic area of energy management
Founded in 1979 as a Consortium between the Politecnico di Milano and many Italian institutions and several leading public and private industrial groups, today MIP is a non-for-profit consortium limited company: Assolombarda Confindustria Milano Monza e Brianza, BIP Business Integration Partners, Bticino, Danieli & C. Officine Meccaniche, Edison, ENI Corporate University, Fiat Chrysler Automobiles-Magneti Marelli, Fondazione Italcementi Cav. Lav. Carlo Pesenti, IBM Italia, Italgas, Italtel, Luxottica, Microsoft Italia, OTB, Pirelli & C, Politecnico di Milano, SIA, Snam, Telecom Italia, Vodafone, Whirlpool.
MIP and the Department of Management, Economics and Industrial Engineering together make up the School of Management of Politecnico di Milano, which is involved in all the many aspects surrounding research and education in the fields of management, economics and industrial engineering. In 2007, the School of Management was initially accredited by EQUIS.
Since first joining the Financial Times’ rankings of best European Business Schools in 2009, the School of Management received today is in the list with: Executive MBA, Full-Time MBA, Master of Science in Management Engineering, Customised Executive Programs for business, Open Executive Programs for managers and professionals.
Italgas is the leader operator in Italy in the natural gas distribution sector and the third largest player in Europe. With its 4,000 people, it operates a network that extends over 65,000 kilometres and serves 7.4 million users. The current market share is close to 34%. With its 180 years history, Italgas is unanimously recognized as the company that has brought gas to Italian homes, developing an excellent infrastructure and a fundamental service, contributing to the economic and social development of the country and promoting its sustainable growth. Today Italgas is a company that looks to the future, with clear growth and clear development objectives: an important investment plan for the progressive extension of the service and the adoption of digital technologies that will make network management increasingly efficient.
Italgas shares are listed in the FTSE MIB index of the Italian Stock Exchange. The floating share capital is around 60.0%. At June 30, 2017 shares held by Investment Funds following SRI (Social Responsibility Investment) criteria in their decisions represent around 6% of Italgas shareholders and around 12% of Italgas institutional investors. The main shareholder of Italgas, with 26,05% of the share capital, is Cassa Depositi e Prestiti.