2003 Social Report - PDF file - Unipol
2003 Social Report - PDF file - Unipol
2003 Social Report - PDF file - Unipol
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SECTION IV – GROUP COMPANIES<br />
<br />
UNIPOL FONDI Ltd<br />
Free-phone number: 800 112114<br />
Website: www.unipolbanca.it<br />
<strong>Unipol</strong> Fondi Ltd.<br />
<strong>Unipol</strong> Fondi Ltd. is a company incor-<br />
porated under Irish law for the man-<br />
agement of mutual funds. Previously<br />
owned by <strong>Unipol</strong> Assicurazioni, at the<br />
beginning of the year the company was<br />
acquired by <strong>Unipol</strong> Banca. In 2002 it<br />
reached assets under management<br />
for €272m, an increase of €125m com-<br />
pared with 2001. This significant im-<br />
provement (+84%) was due to the ag-<br />
gressive sales policy adopted during<br />
the year by <strong>Unipol</strong> Banca. Net profit in<br />
2002 was €38,000 (€37,000 in 2001).<br />
<br />
UNIPOL MERCHANT S.p.A.<br />
Phone number: 051 6318211<br />
Website: www.unipolmerchant.it<br />
<strong>Unipol</strong> Merchant S.p.A. – Bologna<br />
Share capital: €70.3m<br />
In July 2002 Finec Merchant, subse-<br />
quently <strong>Unipol</strong> Merchant, was hived of<br />
from Finec Holding (a financial holding<br />
68<br />
company which took over the company<br />
business dedicated to long-term share-<br />
holdings). In the third and forth quarters<br />
of 2002 the new merchant bank devel-<br />
oped its activities in medium and long-<br />
term loans, specializing in corporate<br />
business. After obtaining the necessary<br />
authorisation from the Bank of Italy in<br />
September <strong>2003</strong>, <strong>Unipol</strong> Merchant be-<br />
came <strong>Unipol</strong> Merchant-Banca per le<br />
Imprese S.p.A.<br />
FINEC HOLDING S.p.A.<br />
Phone number: 051 333029<br />
Finec Holding S.p.A. – Bologna<br />
Share Capital: €128.7m<br />
The financial year ended 31/12/2002<br />
was the first year of operation of Finec<br />
Holding after the hive-off of Finec Mer-<br />
chant in July 2002. The company ac-<br />
quired the company activity dedicated<br />
to investments in non-negotiable share-<br />
holdings.<br />
Following these allocations and subse-<br />
quent acquisitions, Finec Holding be-<br />
came a fully operational holding com-<br />
pany, with shareholdings in companies<br />
working in a variety of sectors.<br />
[ <strong>Unipol</strong> Assicurazioni | <strong>Social</strong> <strong>Report</strong> <strong>2003</strong> – Edition Summary ]