Wednesday, January 22, 2025

Italy Must Consult New Parliament Before Naming Saipem Board

Posted by March 28, 2018

Photo: Saipem

Italy's outgoing government should consult the new parliament before naming new boards of state-owned companies such as oil and gas exploration group Saipem, the 5-Star Movement said on Wednesday.

The anti-establishment party won most votes at this month's parliamentary election and is vying with the far-right League over who should name the prime minister and form a government.

Saipem's shareholders meet on May 3 to name the new board.

"If nominating the boards of companies of national importance cannot wait for a new government to be formed, like in the case of Saipem, it will be necessary ... to involve the outgoing government and the new parliament," Andrea Roventini, 5-Star's candidate for economy minister, wrote on the party's blog.
 
Reporting by Gavin Jones

Related News

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.