Avio Group/Seci-E joint venture
Thursday 19 November 2009
The European Commission granted clearance on 19 November to the proposed joint venture between Avio S.p.A. together with its subsidiary Se.Co.Sv.Im. S.r.l., known collectively as Avio Group (Italy), and S.eci-Energia S.p.A. (Italy). Avio produces aeroplane engine components and aero-derivative systems. Seci-E develops industrial and commercial projects in the energy sector. The joint venture, Termica Colleferro S.p.A., will develop a cogeneration power plant.