Italian Feralpi Group was awarded the Financial Statement Oscar as the best large unlisted company awarded by Italian Public Relations Federation FERPI, Borsa Italiana and Bocconi University.Feralpi obtained the highest recognition - this was the jury's motivation - thanks to the excellent integration of financial and non-financial reporting, the timely development of ESG issues and related methodologies and the application of the taxonomy and double materiality also from a forward perspective looking. Last but not least, effective communication and good narration were recognized despite the breadth of documentation, an element that makes the financial statements much more than a formal document, but an exceptional tool for strengthening the relationship with stakeholders.The Financial Statement Oscar, now in its 58th edition, is the most awaited event by organizations that have made transparency a central value of corporate culture together with the ability to fully report their economic, social and environmental impacts. Separately, Feralpi’s subsidiary German rebar producer Feralpi Stahl will invest a total EUR 180 million over the next few years to build a new rolling mill, a new scrap sorting plant, and its own power transformation substation in Riesa. The construction of the substation will begin at the end of November this year. The company's new substation will ensure security of energy supply and contribute to the company's targets to reduce carbon emissions.The Feralpi Group is among the leaders on the national and European market in the production of rebar for reinforced concrete in bars, smooth and ribbed wire rod, rewound rebar, drawn wire and electro-welded mesh. Feralpi's mission is not only to produce the best steel for construction, but to do so in the most sustainable way possible, respecting people and their diversity as well as the environment, i.e. reducing consumption and emissions by using the best technologies available thanks to technological investments combined with an intense activity of innovation and research.
Italian Feralpi Group was awarded the Financial Statement Oscar as the best large unlisted company awarded by Italian Public Relations Federation FERPI, Borsa Italiana and Bocconi University.Feralpi obtained the highest recognition - this was the jury's motivation - thanks to the excellent integration of financial and non-financial reporting, the timely development of ESG issues and related methodologies and the application of the taxonomy and double materiality also from a forward perspective looking. Last but not least, effective communication and good narration were recognized despite the breadth of documentation, an element that makes the financial statements much more than a formal document, but an exceptional tool for strengthening the relationship with stakeholders.The Financial Statement Oscar, now in its 58th edition, is the most awaited event by organizations that have made transparency a central value of corporate culture together with the ability to fully report their economic, social and environmental impacts. Separately, Feralpi’s subsidiary German rebar producer Feralpi Stahl will invest a total EUR 180 million over the next few years to build a new rolling mill, a new scrap sorting plant, and its own power transformation substation in Riesa. The construction of the substation will begin at the end of November this year. The company's new substation will ensure security of energy supply and contribute to the company's targets to reduce carbon emissions.The Feralpi Group is among the leaders on the national and European market in the production of rebar for reinforced concrete in bars, smooth and ribbed wire rod, rewound rebar, drawn wire and electro-welded mesh. Feralpi's mission is not only to produce the best steel for construction, but to do so in the most sustainable way possible, respecting people and their diversity as well as the environment, i.e. reducing consumption and emissions by using the best technologies available thanks to technological investments combined with an intense activity of innovation and research.
