HEADLINES NEWSLETTER OF THE AMERICAN CHAMBER OF COMMERCE IN ITALY July - August 2012

NEW AMCHAM’S MEMBERS A friendly welcome to the New Members who joined AmCham and a request to contact us for any needs. We hope they can benefit from all the Networking opportunities and visibility, that AmCham offers and hope to meet them soon during one of our next event.

Welcome to New Members! 

Abbott S.r.l. - Campoverde di Aprilia LT www.abbottitalia.com - Socio Sostenitore

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Mapei S.p.A. - Milano www.mapei.com - Socio Sostenitore

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BI-Invest Holdings S.A. - Lussemburgo www.investindustrial.com - Socio Sostenitore

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Reputeka S.r.l. - Vallarsa TN www.reputeka.com - Socio Impresa Start-Up

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Enphase Energy S.r.l. - Desio MB www.enphase.com/it - Socio Corporate

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Studio Legale Vaiano - Izzo - Roma www.vaianoizzo.it - Socio Corporate

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Hearst Magazines Italia S.p.A. - Milano www.hearst.it - Socio Sostenitore

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Videoracconti S.a.s. di Juri Catania & C. - Milano www.videoracconti.it - Socio Corporate

American Chamber of Commerce in Italy - Via Cantù 1 - 20123 Milano Ph. +39 028690661 / +39 0287212103 - Fax +39 0239296752 E-mail: [email protected] www.amcham.it

AMCHAM EVENT PROGRAM 2012 

Presentation AmCham Bari Date: September Friday 14 2012, at 5.00p.m. Place: Edificio 1 (nuovo padiglione) Terrazzo - Fiera del Levante, Bari

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The Pittsburgh - Italy Alliance Date: September Monday 17 2012, at 4.00p.m. Place: The Westin Palace - Piazza della Repubblica 20, Milano Followed by a Cocktail

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AmCham Transatlantic Award Gala Dinner Date: November Monday 26 2012, at 7.30p.m. Place: East End Studios, Spazio Antologico - Via Mecenate 84/10, Milano

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AmCham Lunch Meeting with the Vice President of Consiglio Superiore della Magistratura - on invitation Meeting with Michele Vietti Date: to be defined Place: Milano (to be confirmed)

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AmCham Lunch Meeting with the European Commissioner for Trade Karel De Gucht - on invitation Date: to be defined Place: Milano / Roma (to be confirmed)

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AmCham Mission to Silicon Valley What’s the recepy of who changed the world? Date: to be defined Place: San Francisco e Silicon Valley, U.S.A.

For further information about these events or if you have any proposal for other events, please contact: Kelly Ben Frech Senior Marketing and Communication Manager AmCham Italy Ph. +39 0287212103 E-mail: [email protected]

TRANSATLANTIC AWARD GALA DINNER 2012 – PRENOTAZIONI APERTE! The bookings for the Exclusive AmCham Italy Transatlantic Award Gala Dinner are now open. The dinner will be held on November 26 2012, at the East End Studios, via Mecenate 84/10 in Milan and the subject of the event will be the “Sustainability”. As every year, it is possible to make individual bookings or to reserve a corporate table for 10/12 people, which will be personalized with the company logo. For further information about the event, please click here. For bookings, please fill in the form for individual or corporate bookings and send it to [email protected]

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YEARBOOK 2012 The 2012 Yearbook edition is now available. The AmCham Yearbook is an invaluable tool thanks to all the information and details about the institutions and the personalities involved in the economic and cultural relations between Italy and the United States of America. In the Yearbook 2012, you can find the complete list of the AmCham Members, the Board Members, the Committees and Task Forces Members, the local Representatives in Italy and in the United States. Moreover, a special section is reserved to the Premium and Sustaining members with their logos, who help AmCham with its high level services and acitivities. Yearbook cost Italy and Europe: Members (additional copy) € 30.00 - € 60.00 non-members. U.S. and other countries: Members (additional copy) € 45.00 € 75.00 non-members. (VAT and shipping included) For the AmCham Members, to whom a copy of the Yearbook has been sent, is also available the pdf version, which is published in the member's area of the website. It is possible to purchase the Yearbook at our offices in Milan or it is possible to send the request by email to [email protected]. The payment can be made by cheque, credit card or bank transfer to: Cassa di Risparmio Parma and Piacenza, sede di Milano, Via Armorari 4 IBAN IT70 G 06230 01627 000006473352

AMCHAM BOARD OF DIRECTORS AmCham Italy is pleased to announce the new members of the Board of Directors, pronounced in occasion of the Annual General Meeting, which has been held on June 26 2012. David Bevilacqua, Ceo of Cisco Italy and Vice President of Cisco Corporate has been nominated AmCham Italy Vice President. The new Board Directors are Sergio Albarelli, Ceo of Franklin Templeton Italia, Andrea C. Bonomi, Groupchairman of Investindustrial, Fabio Carniol, Ceo of Towers Watson Italia, Carlo D’Asaro Biondo, Google President for South and East Europe, Middle East and Africa, Franco Moscetti, Ceo of Amplifon, Veronica Squinzi, Global Development Director of Mapei and Stefano Venturi, Ceo of Hewlett-Packard Italiana. In addition, the new Local Representative of AmCham Italy in Sicily is Pietro Viola, owner of Studio Viola.

AMCHAM DINNER CON NIKOLA GRUEVSKI AmCham Italy is pleased to share with its members the letter of appreciation of the Prime Minister of the Republic of Macedonia Nikola Gruevski towards the AmCham Italy President Vittorio Terzi after the exclusive dinner, which has been held on last May 23. To read the letter, please click here.

MORE FISCAL AND ECONOMIC INTEGRATION NEEDED TO RESTORE CONFIDENCE AND STIMULATE GROWTH The AmCham EU urges European leaders to take more bold actions to reduce the current economic turbulence in the European Union and establish more confidence among business and consumers alike. Without this, the current crisis will cost the EU dearly and undermine the European project that took decades to build and compromise Europe’s ability to rebound economically.

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TRANSATLANTIC AWARD GALA DINNER 2012 - CANDIDATE YOUR COMPANY For the seventh consecutive year AmCham organizes the “Transatlantic Award Gala Dinner” entitled “Sustainability” in Milan on Monday, November 26th 2012. As in the previous editions, also this “Transatlantic Award Gala Dinner” plans to entrust, with an Award, important Business personalities which have distinguished themselves in the promotion and development of the transatlantic relations between the United States and Italy. If your company, in the last year, has distinguished itself for its results, investments, joint-ventures, innovation, send a presentation to [email protected] by august 31, 2012. Your candidation will be judged by the AmCham Board of Directors and your company could be one of the winners of the Transatlantic Award 2012, which will be announced by the beginning of October 2012. As in the past it will be a unique occasion, for companies and professionals to share a pleasant and elegant dinner with its own guests, colleagues or clients in an elegant and distinctive setting, whose guests are the U.S. Ambassador in Italy David H. Thorne and over 500 important personalities of the institutional, corporate and cultural italian world.

GLOBAL CAMPAIGN TO EMPOWER AMERICANS ABUSED ABROAD The American Overseas Domestic Violence Crisis Center is coming to Italy on April 2013 to Torino, Milan, Genoa, Florence, Rome and Naples to present the program “The Global Campaign to Empower Americans Abused Abroad”. The aim of the program, which has been launched in 2009 in partnership with the Ending Violence Against Women & Children Task Force of the Federation of American Women’s Club’s Overseas, FAWCO, is to help the American victims in need. The organization has presented in multiple cities in England, France, Spain, Portugal, Morocco, Germany, Norway, Switzerland, Turkey, Italy, India, China, Japan and South Corea. In the fall of this year the program will be launched throughout South America and in Lebanon, Egypt, Italy and Greece in April and May 2013.

EU AND USA AGREE TO FOSTER TRANSATLANTIC SME COOPERATION The European Commission stresses once again the importance of small and medium enterprises for the growth and for the jobs creation. In this context the EU has decided to further strengthen relations and business between the European and U.S. companies through the cooperation between the U.S. International Trade Administration and the Enterprise Europe Network. In particular, the interventions in favor of small and medium European companies are focused on the following areas: 1) explore the ability of european and American SMEs to enter third country markets, 2) review specific cooperative measures (joint promotion activities and support for innovation), 3) mentoring and support measures for boosting entrepreneurship. In addition, the International Trade Administration and the Enterprise Europe Network will discuss the problem of access to finance for small and medium enterprises by sharing experiences in the field of funding policies and programmes supporting the venture capital industry and encouraging private sector investors back to the market. In addition, to facilitate access to finance, the European Commission published recently a practical guide providing information on how to access over €50 billion of public finance in the 27 Member States. For more information, please see the link to the memo from the European Commission.

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U.S. EMBASSY COMMERCIAL NEWS FIND OUT THE NEW AMERICAN PRODUCTS AND TECHNOLOGIES AT THE EXHIBITION IN ITALY, EUROPE AND USA, SPONSORED BY THE AMERICAN COMMERCIAL OFFICES AUTOMECHANIKA 2012 – Frankfurt, September, 11-16, 2012 The U.S. Commercial Service office in Milan will support the U.S. exhibitors at the next edition of AUTOMECHANIKA, Europe’s premier trade fair for the automotive industry and one of the largest in the world. The trade show will be held in Frankfurt from 09/11 to 09/16 2012. More information is available on the page http://export.gov/germany/TradeShowsEvents/ FeaturedGermanTradeShows/eg_de035052.asp. For further information, please contact [email protected] - Tel. +39 0262688523.

MEMBERS NEWS The complete texts of the news published in this section are available in the “Members News” area of the AmCham website

THE AMERICAN EMPLOYMENT DATA PROCESSED BY ADP ADP NATIONAL EMPLOYMENT REPORT ADP, the world leader in payroll outsourcing, process each month, the National Employment Report: based on data aggregated and anonymous, the report provides an overview on the progress of the American occupation of small, medium and large private sector companies. ADP National Employment Report provides monthly to the U.S. government. Monthly news June 2012 ADP National Employment Report® Employment in the U.S. nonfarm private business sector increased by 176,000 from May to June, on a seasonally adjusted basis. The estimated gain from April to May was revised upslightly, from the initial estimate of 133,000 to a revised estimate of 136,000. Employment in the private, service-providing sector rose 160,000 in June, after rising a revised 137,000 in May. Employment in the private, goods-producing sector added 16,000 jobs in June. Manufacturing employment added 4,000, reversing May’s decline. Employment on large payrolls—those with 500 or more workers—increased 11,000 and employment on medium payrolls—those with 50 to 499 workers—rose 72,000 in June. Employment on small payrolls—those with up to 49 workers—rose 93,000 that same period. Of the 72,000 jobs created by medium- sized payrolls, 7,000 jobs were created by the goods producing sector and 65,000 jobs were created by the service-providing sector. Construction employment rose by 8,000 jobs, more than reversing the declines of the two previous months. The acceleration of employment since April does lend credence to the argument that unseasonably warm weather boosted employment during the winter months, with a “payback” spread over April and May. The financial services sector added 11,000 jobs from May to June, extending this sector’s consecutive advances to eleven months. The July 2012 ADP National Employment Report will be released August 1, 2012, at 8:15 AM ET. For a full schedule of future releases, please visit: www.adpemploymentreport.com. For additional information on ADP Italy: www.it-adp.com - [email protected]

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AMERICAN AIRLINES TO REFRESH ITS INTERNATIONAL WIDEBODY FLEET American Airlines today took the next step in its fleet modernization plan – to ensure that its customers are flying onboard one of the most modern fleets in the industry. Today's progress includes the redesign and refresh of the airline's international widebody aircraft – a demonstration of the forward movement of the company's business plan, which includes the investment of several hundred million dollars per year in enhancements to the customer experience. As part of this redesign, American's entire fleet of 777-200ERs will have fully lie-flat Business Class seats with aisle access for every seat, international Wi-Fi, in-seat entertainment throughout all cabins, and Main Cabin Extra seating offering more legroom. The 767-300ERs will have fully lie-flat Business Class seats with aisle access for every seat, and Main Cabin Extra seating. Boeing 777-200ERs American's entire fleet of 777-200ERs will be redesigned to a two-class cabin configuration to better match capacity and demand. The aircraft cabin will feature unique mood lighting and a dramatic archway and ceiling treatment to create a feeling of spaciousness similar to the 777-300ERs, the first of which American plans to receive later this year. A Business Class walk-up bar stocked with snacks and refreshments is for premium customers. International Wi-Fi will also be available inflight. Up to 45 new fully lie-flat Business Class seats will provide customers among the largest living spaces of any 777 Business Class seat offered by U.S. airlines. The new seat will be an industry leader giving travelers up to two times more living space than American's current 777-200ER Business Class seat. Seats will feature a large tray table, a work surface, and every component of the seat – including the seatback, head rest and leg rest – can be individually adjusted using intuitively designed, simplistic seat controls. Direct aisle access from each Business Class seat will allow customers to easily move about the cabin without impacting other customers. In-seat entertainment will feature more than 700 hours of on-demand audio and video entertainment, which gives customers an enormous selection during their flight. A premium handset will serve as a remote that will allow customers to easily select programming without touching the monitor. Also, every seat will feature individual 110-volt universal AC power outlets and USB jacks for charging personal electronic devices. Throughout the Main Cabin, new seats will provide increased knee room and improve overall customer comfort. Every Main Cabin seat will have universal AC power outlets, USB jacks and HD-capable touchscreen monitor – nearly 9 inches – loaded with up to 120 movies, 180 TV programs, 350 audio selections and 30 games. Once redesigned with the new Inflight Entertainment, the 777-200ERs will have more than nine times the number of entertainment options that are currently available in the Main Cabin on today's 777-200ER. The 777-200ER is intended to fly mid- to long-haul international markets in Europe, Asia and South America. Boeing 767-300ERs American intends to retrofit up to half of its existing 767-300ER aircraft. Those that are redesigned will operate the new configuration with fully lie-flat Business Class Seats and all-aisle access. The remaining 767-300ERs that are not redesigned will be retired over time. Customers will enjoy an enhanced onboard experience with the installation of up to 28 fully lie-flat Business Class seats, each with aisle access. The Business Class seats will offer individual tray tables with a work surface, and universal AC power outlets. Samsung Galaxy Tab™ 10.1 devices will continue to be available for customers seated in Business Class, offering access to a wide variety of movies, TV programs and audio selections. The retrofitted 767-300ERs will also feature 14 Main Cabin Extra seats with four to six inches more legroom than a standard Main Cabin seat. The Main Cabin of the retrofitted 767-300ERs will have 167 seats. The airline intends to use retrofitted 767-300ERs on flights to existing markets. The redesign is slated to begin in early 2014. As part of its international widebody strategy, American anticipates taking delivery of 10 Boeing 777-300ERs beginning at the end of 2012 through 2013. For more information on how American is modernizing the travel experience, including the latest enhancements to the international widebody fleet, visit AA.com/flybetter and AA.com/newsroom.

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HOW RESOURCES GLOBAL PROFESSIONALS SUPPORT ON CORPORATE SECURITY An increasing number of companies focus on Corporate Security, considering it as a strategic factor for business. The Corporate Security function is more focusing on value creation through loss analysis and the procedure design aimed to reduce loss, representing a real profit center. Resources Global Professionals, providing the support of seasoned consultants with average 15 years experience, offer Corporate Security skills and support clients in a wide range of activities, including corporate security function set-up, role, process and procedure design, periodical risk control execution, check-list creation, loss analysis and procedure design to reduce loss. For further information, please visit the Resources Global Professionals Italian website. Resources Global Professionals (Italy) S.r.l. Ph: +39 0289097121 Website: www.resourcesglobal.com

BENEFIT FOR MEMBERS In this section our members can find all the offers and benefits that AmCham gives them. For further information: Kelly Ben Frech, tel. +39 028690661, e-mail: [email protected]

STUDY ENGLISH WITH THE INSTITUTE FOR ACTIVE ENGLISH Why? We guarantee that you will improve your fluency and comprehension if you do our full immersion course: 80 hours in one week in Guernsey, Channel Islands. We are experts in organizing courses in companies, paying special attention to pronunciation while focussing on all the student's needs. Our teachers are all qualified native speakers. We have been working in and around Milan for over thirty years and our companies include: Eni Spa plus the divisions, Innovhub - Stazioni Sperimentali per l'Industria, UPS, Conai, and many others. How? We teach using an innovative method which is quick, effective, strict and practical, forcing the student to think in English and so overcome the problem of translating everything. Students can therefore concentrate on speaking correctly and understand, because of the International phonetics we teach. The student learns to be completely natural and relaxed. SPECIAL PRICES FOR AMCHAM MEMBERS COURSES FROM BEGINNER TO ADVANCED Groups (60 min.) per class (2/5 people per class) Individuals

(60 min.)

Euro:

Euro: 40,00

BOOKS (CD INCLUDED) 40,00

Euro: 9,00 each Euro: 9,00 each (phonetics symbols) Uscita: Euro 5,00

For any further information: Ph. +39 02.26.11.25.83 – +39 333.33.84.951 Email: [email protected] - www.instituteactiveenglish.com

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AN INSURANCE SOLUTION FOR THE AMCHAM MEMBERS BY PRAMERICA LIFE Two years have passed since Pramerica Life S.p.A., a subsidiary of the US-based Prudential Financial Inc. (PFI)*, formed a partnership with the American Chamber of Commerce in Italy. The partnership, which generated significant market interest, will run for another year and will enable the people interested to profit by the same favourable commercial conditions granted last year. The AMCHAM members will be able to profit by a comprehensive service offering and innovative solutions including: insurance and retirement solutions for entrepreneurs, succession planning and generational transition in the enterprise, benefits for employees and non-competition agreements. The partnership agreement is available on the website www.amcham.it in the section dedicated to the benefits granted to the AMCHAM members. For more information, please visit the www.pramericalife.it website or contact the Pramerica Affinity Department. For more informations: Pramerica Life SpA Piazza della Repubblica 14 - 20124 Milano Patrizia Meduri - Ph. +39 0272258216 - E-mail: [email protected] * Prudential Financial is not affiliated in any manner with Prudential Plc, a Company incorporated in the United Kingdom.

SAVE 15% ON STARWOOD HOTELS IN MILAN

Welcome to the American Chamber of Commerce in Italy travelers. Starwood Hotels and Resorts is delighted to introduce to the American Chamber of Commerce in Italy a new way of doing business with pleasure. AmCham Italy’s members do now have the opportunity to book online their preferential rates with 15% discount of the best available rate and experience in a unique collection of Starwood Hotels & Resorts located in Milan - The Westin Palace, Sheraton Diana Majestic & Sheraton Milan Malpensa Airport. To book your next stay please call the hotel or click on the button to get your AmCham Italy preferred rate.

ESSEQUADRO SERVICE Exclusive expertise guaranteed EsseQuadroservice, leader in re location services across Italy, offers proposals tailored to your needs and requests. Expierenced professionals and a new fleet consisting of major car brands, all less than 3 years old, contribute to a customized offer that includes a fast and reliable means of transportation across the country. Thus we offer you a modern transfer service which also provides affective logistical support for your needs. Through partnerships with accredited and well-known hotels EsseQuadroservice is able to transform your transfer into an exclusive and unique experience of quality, expertise and privacy. Additionally, our company is pleased to offer to all AMCHAM members, until July 2012, a 10% discount on all rates currently in use on routes bound to Fiumicino Airport (Rome). For further details on all our services and for personalized quotations, do not hesitate to contact our company at: [email protected] or on +39 3286775204. Booking 24H 365 days of the year Ph./Fax : +39 0688520024 - Infoline: +39 3286775204 - Infoline: +39 3493576100 8

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REGUS: RELAX IN A PLACE THAT MEANS BUSINESS At Regus we know how hard it can be to find a professional place to work when you travel a lot or you’re in an unfamiliar city. That’s why we’re offering the American Chamber of Commerce in Italy members a Businessworld Gold card. It lets you work in Regus business centres anywhere in the world including, of course, Rome, Milano and Torino.

Businessworld Gold card gives you: Free and unlimited access to 1,200 Business Lounges worldwide Free Internet access Beverages and print or broadcast news 10% discount on Meeting Room rental worldwide. Your Businessworld Gold card is set up and ready to go. You need to activate your card at www.regus.it/amcham. Then you simply show your card at any of our business centres and work how, where and when you want. There are 1,200 addresses available across the Regus network. Discover the best one for you at www.regus.eu.

SAVE 15% AT THE WESTINWORKOUT® AT THE WESTIN PALACE, MILAN For the American Chamber of Commerce in Italy members, special discount of 15% on the price list at the WestinWORKOUT® Energize at the end of your day in our WestinWORKOUT® gym a space dedicated to every aspect of wellness and fitness, including personal trainers, Technogym equipments, Turkish baths and treatments. To reserve your treatment or further information please call the hotel to get your American Chamber of Commerce in Italy preferred rate. The Westin Palace Piazza della Repubblica 20 - 20124 Milano - Ph. +39 0263361

THE PICK CENTER OFFICES IN ROME In the Center of Rome and in the EUR District, Pick Center offers: •Furnished Offices and Open Spaces from 1 to 400 working stations ready to use 

Virtual Offices: Postal, Fax and Telephonic addres with customized answer, in a prestigious location

• Day Office starting from 1 hour use • Meeting Rooms up to 45 people fully equipped for web conference and videoconference also. DO YOU NEED AN OFFICE IN ROME ? We offer you discounts* on three-month and six-month contracts With a year's contract you get two monhts free* Are you steel thinking about it? * the promotion is valid for contracts signed within 10/31/12 Pick Center offers you furnished offices, working stations and open spaces for short or long periods and with flexible contracts. Come to visit us in the Center of Rome: Via Attilio Regolo, Via Boezio and Piazza Marconi (EUR). --Pick Center Business Center the only good alternative to your office For information: Customer Care n. 800 189 099 or visit our website www.pickcenter.it

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AMCHAM PRESS REVIEW May 2012 - èItalia Simest-AmCham, partnership vincente

July 5 2012 - Quotidiano di Puglia Ed. Taranto E’ tutto pronto per la due giorni Green

June 2012 - ICT4 Executive Il ruolo delle agenzie di rating nel mercato finanziario

July 7 2012 - MF Sicilia Normanni, Aquile & Elefanti

June 21 2012 - Il Denaro Oggi - Privacy e web

July 7 2012 - Il Denaro Fare impresa in Campania

June 26 2012 - Corriere della Sera American Chamber, nel board Veronica Squinzi e Andrea Bonomi

July 8 2012 - La Gazzetta del Mezzogiorno Ed. Taranto L’economia verde alla prova “Al lavoro, possiamo farcela”

June 26 2012 - Businesspeople.it (web) David Bevilacqua nuovo vice presidente AmCham Italy June 27 2012 - Il Denaro Persone July 2 2012 - Quotidiano di Puglia Ed. Brindisi Il progetto “green road” torna a casa July 2 2012 - Turismo-Attualità.it Green a Taranto sullo sviluppo sostenibile July 2 2012 - Virgilio.it Parte GREEN a Taranto il prossimo 6 e 7 luglio July 3 2012 - Corriere della Sera Ed. Milano Indipendence Day. Party Fiat Open Lounge July 4 2012 - La Gazzetta del Mezzogiorno Ed. Taranto Prota: July 4 2012 - Virgilio.it Taranto - Al via la prima edizione di Green in Puglia

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July 17 2012 - Italia Oggi Sky Italia, Eric Gerritsen per la direzione comunicazione July 17 2012 - Pubblicità Italia Today Eric Gerritsen arriva in Sky Italia July 17 2012 - Brand News Eric Gerritsen in Sky alla guida di Communication e Public Affairs July 19 2012 - Agienergia.it Rinnovabili: completato investimento Brevini Simest in eolico USA July 19 2012 - Wall Street Italia Simest: tecnologia italiana nelle rinnovabili in USA July 19 2012 – Puglialive.net A Castel del Monte:”Poeti tra le stelle”, Premio Internazionale Federico II, IV Edizione 2012 July 25 2012 – èItalia - giugno 2012 A Milano l’Assemblea Annuale dei soci AmCham

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