Italy - Factors to watch on June 12

Maire SpA

12/06/2025 05:00

The following factors could affect Italian markets on Thursday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

DEBT

Treasury sells following BTP bonds: 2.0-2.5 billion euros  2.65% due June 15, 2028; 2.75-3.0 billion euros 3.25% due July 15, 2032; 1.0-1.25 billion euros 4.30% due Oct. 1, 2054. Subscriptions close at 0900 GMT.

COMPANIES

PIRELLI PIRC.MI

Italy is delaying a decision on whether Sinochem, Pirelli's largest investor, breached rules designed to limit China's influence over the Italian tyremaker, Bloomberg reported on Wednesday citing a document.

The Italian government is seeking clarity from the United States amid concerns that Washington could impose domestic restrictions on Pirelli due to the tyremaker's Chinese investor, two sources familiar with the matter told Reuters.

The group holds its annual general meeting at 0900 GMT.

(*) LEONARDO LDOF.MI

European planemaker Airbus AIR.PA awarded the Italian defence and aerospace company the production of the rear fuselage section for its A220 aircraft, for which Leonardo already produces horizontal and vertical stabilisers, Valerio Moro, the new CEO of Airbus Italy, was quoted as saying by two newspapers on Thursday. The segment should be manufactured in Leonardo's Nola and Pomigliano d'Arco plants and the completion of the first unit is scheduled for 2027, the manager added.

CEO Roberto Cingolani flew to Abu Dhabi in recent days to sign a preliminary agreement with defence group Edge, the details of which will be finalised in the coming months, wrote Il Sole 24 Ore on Thursday.

(*) BUZZI BZU.MI

Rating firm S&P raised on Wednesday its long-term rating on the cement group to 'BBB+' from 'BBB' and confirmed the short-term rating 'A-2' with a stable outlook.

(*) MAIRE MTCM.MI

The Italian engineering group said on Thursday it had completed the placement of around 5 million ordinary shares, or 1.5% of the share capital, coming from the group's long-term incentive plans, through an accelerated bookbuilding at a price of 10.25 euros per share.

(*) BANCA IFIS IF.MI, ILLIMITY ILTY.MI

Fintech group ION founder Andrea Pignataro tendered his stake of about 9.5% in illimity to the offer by specialty lender Banca Ifis, several Italian newspapers reported on Thursday.

GEOX GEO.MI

Ends capital increase.

DIARY

Rome, Prime Minister Giorgia Meloni meets NATO Secretary General Mark Rutte (0900 GMT).

Rome, Economy Minister Giancarlo Giorgetti addresses Chamber of Deputies Demography Committee (0630 GMT).

Rome, Bank of Italy and European Investment Bank (EIB) hold conference on "Competitiveness and innovation: the European response"; Bank of Italy Governor Fabio Panetta, Economy Minister Giancarlo Giorgetti and (EIB) Vice President Gelsomina Vigliotti deliver introductory remarks (0730 GMT).

Rome, Minister for the Environment and Energy Security Gilberto Pichetto Fratin addresses Parliamentary Committee for hydrogeological and seismic risk of the Italian territory (0630 GMT).

Rome, Senate holds 'question time' session with Defence Minister Guido Crosetto, European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti, Institutional Reforms Minister Elisabetta Casellati (1300 GMT).

Rome, ministerial meeting "Weimar Plus" dedicated to Ukraine and European security chaired by Foreign Minister Antonio Tajani (1000 GMT); expected attendees include Foreign ministers and representatives from Germany, Poland, Spain, Great Britain, France, Ukraine, EU and NATO institutions; followed by press statements.

Rome, Cabinet meeting (1330 GMT).

Rome, Union of Energies for Mobility (UNEM) holds annual meeting with Environment and Energy Security Minister Gilberto Pichetto Fratin, Industry Minister Adolfo Urso, Energy Services Manager (GSE) President Paolo Arrigoni, farmers lobby Coldiretti President Ettore Prandini (0700 GMT).

Rome, event on Italian housing with Infrastructure and Transport Minister Matteo Salvini, Economy undersecretaries Lucia Albano and Federico Freni (0900 GMT).

Rome, roadshow "Clear pacts for strong companies" with Economy Deputy Minister Maurizio Leo, tax revenue agency 'Agenzia delle Entrate' Director Vincenzo Carbone (0800 GMT).

Gorizia, saving banks association ACRI holds 26th congress of foundations of banking origin and savings banks "Community: plural ensembles" (0830 GMT), to June 13; on Thursday expected attendees include Economy Undersecretary Federico Freni, Labour Deputy Minister Maria Teresa Bellucci, ACRI President Giovanni Azzone, state lender Cassa Depositi e Prestiti (CDP) President Giovanni Gorno Tempini.

Palermo, Bank of Italy Deputy Governor Luigi Federico Signorini delivers opening address at conference "Contract and competition in the banking market: the challenges of the 21st century" (1330 GMT).

Turin, "2025 Automotive News Europe Congress" ends; expected attendees include Stellantis STLAM.MI Chairman and Ferrari RACE.MI Chairman John Elkann.

Turin, Iveco Group IVG.MI starts 50th anniversary celebrations (1000 GMT); ends on June 13. On Thursday Iveco Group CEO Olof Persson delivers opening address (1030 GMT).

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
 brackets:

  European Equities speed guide...................EUR/EQUITY

  FTSEurofirst 300 index...............................FTEU3

  DJ STOXX index.......................................STOXX

  Top 10 STOXX sectors............................PGL.STOXXS

  Top 10 EUROSTOXX sectors.......................PGL.STOXXES

  Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

  Top 25 European pct gainers........................PG.PEUR

  Top 25 European pct losers.........................PL.PEUR

  Main stock markets:

  Dow Jones................DJI  Wall Street report ......N

  Nikkei 225..............N225  Tokyo report.............T

  FTSE 100................FTSE  London report............L

  Xetra DAX..............GDAXI  Frankfurt market stories.F

  CAC-40..................FCHI  Paris market stories....PA

  World Indices.....................................0#.INDEX

  Reuters survey of world bourse outlook.........EQUITYPOLL1

  Western European IPO diary..........................WEUIPO

  European Asset Allocation........................EUR/ASSET

  Reuters News at a Glance: Equities...............TOP/EQE

  Main currency report:...............................FRX/