Latest news with #RobertoCingolani
Time of India
12-07-2025
- Business
- Time of India
Leonardo may offer drone tech but has no plans for plant in Ukraine, CEO tells paper
Academy Empower your mind, elevate your skills Italy's Leonardo is open to supplying technology for drones but it does not plan to open a factory in Ukraine, the chief executive of the state-controlled defence group told daily Corriere della Sera in an interview published on hosted a conference on Thursday to mobilise international support for Ukraine, and Italian Prime Minister Giorgia Meloni said the participants pledged more than €10 billion ($12 billion) to help the war-torn has clinched an agreement with Turkish defence company Baykar and will soon begin production of drones in Italy, the Italian group's CEO Roberto Cingolani told Corriere, adding that Baykar was cooperating with Ukraine."We, in cooperation with other players, can make a technological contribution. We will see what the real demands are," Cingolani told the could help with equipment that makes drones more effective, the CEO said without elaborating."Having said that, we do not plan to open a factory in Ukraine," he was not immediately available to comment.($1 = €0.8555)
Yahoo
12-07-2025
- Business
- Yahoo
Leonardo may offer drone tech but has no plans for plant in Ukraine, CEO tells paper
MILAN (Reuters) -Italy's Leonardo is open to supplying technology for drones but it does not plan to open a factory in Ukraine, the chief executive of the state-controlled defence group told daily Corriere della Sera in an interview published on Saturday. Rome hosted a conference on Thursday to mobilise international support for Ukraine, and Italian Prime Minister Giorgia Meloni said the participants pledged more than 10 billion euros ($12 billion) to help the war-torn country. Leonardo has clinched an agreement with Turkish defence company Baykar and will soon begin production of drones in Italy, the Italian group's CEO Roberto Cingolani told Corriere, adding that Baykar was cooperating with Ukraine. "We, in cooperation with other players, can make a technological contribution. We will see what the real demands are," Cingolani told the paper. Leonardo could help with equipment that makes drones more effective, the CEO said without elaborating. "Having said that, we do not plan to open a factory in Ukraine," he added. Baykar was not immediately available to comment. ($1 = 0.8555 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
12-07-2025
- Business
- Reuters
Leonardo may offer drone tech but has no plans for plant in Ukraine, CEO tells paper
MILAN, July 12 (Reuters) - Italy's Leonardo ( opens new tab is open to supplying technology for drones but it does not plan to open a factory in Ukraine, the chief executive of the state-controlled defence group told daily Corriere della Sera in an interview published on Saturday. Rome hosted a conference on Thursday to mobilise international support for Ukraine, and Italian Prime Minister Giorgia Meloni said the participants pledged more than 10 billion euros ($12 billion) to help the war-torn country. Leonardo has clinched an agreement with Turkish defence company Baykar and will soon begin production of drones in Italy, the Italian group's CEO Roberto Cingolani told Corriere, adding that Baykar was cooperating with Ukraine. "We, in cooperation with other players, can make a technological contribution. We will see what the real demands are," Cingolani told the paper. Leonardo could help with equipment that makes drones more effective, the CEO said without elaborating. "Having said that, we do not plan to open a factory in Ukraine," he added. Baykar was not immediately available to comment. ($1 = 0.8555 euros)
Straits Times
12-07-2025
- Business
- Straits Times
Leonardo may offer drone tech but has no plans for plant in Ukraine, CEO tells paper
Sign up now: Get ST's newsletters delivered to your inbox FILE PHOTO: Italy's Minister for Ecological Transition Roberto Cingolani holds a news conference at the end of the pre-COP26 climate meeting in Milan, Italy, October 2, 2021. REUTERS/Guglielmo Mangiapane/File Photo MILAN - Italy's Leonardo is open to supplying technology for drones but it does not plan to open a factory in Ukraine, the chief executive of the state-controlled defence group told daily Corriere della Sera in an interview published on Saturday. Rome hosted a conference on Thursday to mobilise international support for Ukraine, and Italian Prime Minister Giorgia Meloni said the participants pledged more than 10 billion euros ($12 billion) to help the war-torn country. Leonardo has clinched an agreement with Turkish defence company Baykar and will soon begin production of drones in Italy, the Italian group's CEO Roberto Cingolani told Corriere, adding that Baykar was cooperating with Ukraine. "We, in cooperation with other players, can make a technological contribution. We will see what the real demands are," Cingolani told the paper. Leonardo could help with equipment that makes drones more effective, the CEO said without elaborating. "Having said that, we do not plan to open a factory in Ukraine," he added. Baykar was not immediately available to comment. REUTERS Top stories Swipe. Select. Stay informed. Asia Air India crash report shows pilot confusion over engine switch movement Singapore More NSFs may be recruited to tackle scams: Police Singapore $3 cashback for hawker centre meals and shopping at heartland stores with DBS PayLah initiative Singapore 40% more sign-ups to programmes for adult learners at institutes of higher learning in last 5 years Singapore Wegovy, injectable drug used to treat obesity, now available via prescription in Singapore Business NTT DC Reit's Singapore public offer 9.8 times oversubscribed Multimedia Which floor is this? Chongqing's maze-like environment powers its rise as a megacity Singapore Over 20 motorists caught offering illegal ride-hailing services at Changi Airport and Gardens by the Bay
CNA
01-07-2025
- Business
- CNA
Italy's Leonardo becomes biggest shareholder of Finland's SSH with stake purchase
HELSINKI :Italy's Leonardo will buy a 24.55 per cent stake in Finland's SSH, making it the latter's biggest shareholder as it expands its cyber security business with this new strategic partnership, the companies announced on Tuesday. The Italian aerospace and defence group sees cyber security as key for its development and expects double-digit growth in it in the coming years. The chair of Leonardo, Stefano Pontecorvo, told Reuters recently that the cyber security arena has become essential in new, interconnected multi-domain warfare systems, underscoring the strategic significance of the acquisition. The deal, subject to conditions, consists of a 20 million euro share issue by SSH to Leonardo, after which Leonardo would be SSH's largest shareholder, SSH said. The current largest owner, Accendo Capital, will continue to hold 20.87 per cent. SSH offers technologies for securing activities in hybrid cloud environments, including quantum-safe encryption. "The agreement combines SSH's technological expertise with Leonardo's technologies and solutions, advanced assets and services, and domain-specific knowledge," Leonardo's Chief Executive Roberto Cingolani said in a statement. The initiative represents a significant step towards the development of a 'Made in Europe' Zero Trust ecosystem, Leonardo said, referring to a cyber security approach in which no one can be trusted with access to data.
