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The Unlock Italy Decree landed yesterday at the House for general discussion and examination is in full swing today. The highlights of measures modified at the Parliament’s Environment Commission include a VAT cut from 10% to 4% for building renovation works. Renovation works – which already profit from the "ecobonus" pending confirmation for 2015 too, with the Stability Law (50% tax credits for building renovation and 65% for energy efficiency improvement) – will be subject to the 4% VAT rate. To offset the lower collections, a reverse VAT increase is planned (from 4% to 10%) on purchases of new buildings directly from the construction company. In addition to the VAT rate decrease on renovations, IRPEF (personal income tax) also helps the estate market: the 20% IRPEF deduction on the expense for purchasing a home is no longer subject to lease of the property at regulated rent for 8 years. The Unlock Italy Decree landed yesterday at the House for general discussion and examination is in full swing today.  The highlights of measures modified at the Parliament’s Environment Commission include a VAT cut from 10% to 4% for building renovation works.  Renovation works – which already profit from the "ecobonus" pending confirmation for 2015 too, with the Stability Law (50% tax credits for building renovation and 65% for energy efficiency improvement) – will be subject to the 4% VAT rate. To offset the lower collections, a reverse VAT increase is planned (from 4% to 10%) on purchases of new buildings directly from the construction company. In addition to the VAT rate decrease on renovations, IRPEF (personal income tax) also helps the estate market: the 20% IRPEF deduction on the expense for purchasing a home is no longer subject to lease of the property at regulated rent for 8 years.

Production that cares for the environment, a cutting-edge logistics hub and a wholly made in Italy technology: these are the company’s strengths, the turnover of which recorded gains in turnover this year again. 50% of which were made abroad. “If we have been able to tackle the crisis,”, says Giorgio Pellegrini, Sabiana’s MD, “it is because we have been able to create the conditions to continue growing thanks to three features: deep-seated corporate dynamism that never allows us to sit on our laurels, a research department that, thanks to all-Italian inventiveness, carries out atypical production processes at a low cost and continuous investments to set up facilities that strengthen our ability to be competitive.” Here is Sabiana’s anti-crisis recipe.Production that cares for the environment, a cutting-edge logistics hub and a wholly made in Italy technology: these are the company’s strengths, the turnover of which recorded gains in turnover this year again. 50% of which were made abroad. “If we have been able to tackle the crisis,”, says Giorgio Pellegrini, Sabiana’s MD, “it is because we have been able to create the conditions to continue growing thanks to three features: deep-seated corporate dynamism that never allows us to sit on our laurels, a research department that, thanks to all-Italian inventiveness, carries out atypical production processes at a low cost and continuous investments to set up facilities that strengthen our ability to be competitive.” Here is Sabiana’s anti-crisis recipe.

Perfect temperature. Controlled humidity. Clean air. We add refined colours and design, state-of-the-art technology and top efficiency: welcome to the Sabiana Arbonia Kermi world! On show in a few days to amaze you... Starting from January 2016, in fact, Arbonia and Kermi branded products are distributed in Italy through Sabiana itself. Group synergy (the three brands belong to AFG, undisputed leader in the construction industry) which consolidates Sabiana’s position in the home market, at a time when the company is reaping significant rewards on the international market as well. Arbonia Founded in 1954, it belongs to the Industrial Group AFG. It is one of the international behemoths in the sector. It has always had a strong mission: providing people with “solutions that warm up”, in the true sense of the term. Since its foundation, over 60 years ago, Arbonia has been pursuing an ambitious objective: finding the perfect solution in the heating, cooling and ventilation sector. With each product, year after year, Arbonia takes a further step towards reaching this perfection. Go to: www.arbonia.it Kermi It is an important company in the industrial group AFG, leader in the construction sector, assuring innovative solutions and energy efficiency, safety and well-being services. Founded 50 years ago by Kurt Kerschl, an entrepreneur with a far-ranging and dynamic vision of the future, already back in 1975 Kermi GmbH was among the most innovative market leaders in the flat radiator industry, as well as in underfloor heating panels. Now just like then, Kermi is often one step ahead. Go to: www.kermi.itPerfect temperature. Controlled humidity. Clean air. We add refined colours and design, state-of-the-art technology and top efficiency: welcome to the Sabiana Arbonia Kermi world!On show in a few days to amaze you...Starting from January 2016, in fact, Arbonia and Kermi branded products are distributed in Italy through Sabiana itself. Group synergy (the three brands belong to AFG, undisputed leader in the construction industry) which consolidates Sabiana’s position in the home market, at a time when the company is reaping significant rewards on the international market as well.ArboniaFounded in 1954, it belongs to the Industrial Group AFG. It is one of the international behemoths in the sector. It has always had a strong mission: providing people with “solutions that warm up”, in the true sense of the term. Since its foundation, over 60 years ago, Arbonia has been pursuing an ambitious objective: finding the perfect solution in the heating, cooling and ventilation sector. With each product, year after year, Arbonia takes a further step towards reaching this perfection.Go to: www.arbonia.itKermi It is an important company in the industrial group AFG, leader in the construction sector, assuring innovative solutions and energy efficiency, safety and well-being services. Founded 50 years ago by Kurt Kerschl, an entrepreneur with a far-ranging and dynamic vision of the future, already back in 1975 Kermi GmbH was among the most innovative market leaders in the flat radiator industry, as well as in underfloor heating panels. Now just like then, Kermi is often one step ahead. Go to: www.kermi.it

Law 116/2014 – which transposed the Competitiveness Decree (LD 91/2014) – has been published in the Official Journal. The regulation redefines the incentives granted for renewable energies, allocates 350 million Euro for improving the energy efficiency of schools and universities and establishes a 15% tax credit for investments in new machinery. The law introduces subsidised loans to increase the energy efficiency of public school and university buildings. For analysis, monitoring, audit and diagnosis, the maximum duration of the loan is ten years and the maximum amount cannot exceed 30 thousand Euro per individual building. The amount of each operation, including design and certification, cannot exceed one million Euro if the works only concern installations and 2 million Euro if, in addition to installations, the whole building is upgraded, including the building’s envelope. The regulation establishes redefinition of incentives, which will lead to cutting bills for SMEs. However, in order to be able to implement this provision, it is required to cover the costs by redefinition, even retroactive, of the incentives granted to systems for the production of energy from renewable sources. Assorinnovabili (Italian association of renewable energy producers, industry and services) has written to the European Commission requesting opening of an infringement procedure against the Italian State and has stated it will coordinate the appeals of the thousands of operators, both national and foreign “unfairly penalised by a measure unilaterally and retroactively changing the contracts signed with the ESO” To cover the charges of the electrical system, the law provides for an increase in the fixed rates of fees for energy consumption. According to Cogena (association representing firms operating in the fields of construction and distribution of cogeneration systems and energy services) the regulation represents “a new tax on energy efficiency, in other words, an incentive to inefficiency.” For investments in new capital goods intended for production facilities located in Italy and exceeding 10 thousand Euro, the law introduces a 15% tax credit broken into three annual instalments. Text of the LD - Measures for economic growth Law 116 LD91 LD91 - Annexes Law 116/2014 – which transposed the Competitiveness Decree (LD 91/2014) – has been published in the Official Journal.  The regulation redefines the incentives granted for renewable energies, allocates 350 million Euro for improving the energy efficiency of schools and universities and establishes a 15% tax credit for investments in new machinery. The law introduces subsidised loans to increase the energy efficiency of public school and university buildings.  For analysis, monitoring, audit and diagnosis, the maximum duration of the loan is ten years and the maximum amount cannot exceed 30 thousand Euro per individual building. The amount of each operation, including design and certification, cannot exceed one million Euro if the works only concern installations and 2 million Euro if, in addition to installations, the whole building is upgraded, including the building’s envelope. The regulation establishes redefinition of incentives, which will lead to cutting bills for SMEs. However, in order to be able to implement this provision, it is required to cover the costs by redefinition, even retroactive, of the incentives granted to systems for the production of energy from renewable sources.  Assorinnovabili (Italian association of renewable energy producers, industry and services) has written to the European Commission requesting opening of an infringement procedure against the Italian State and has stated it will coordinate the appeals of the thousands of operators, both national and foreign “unfairly penalised by a measure unilaterally and retroactively changing the contracts signed with the ESO” To cover the charges of the electrical system, the law provides for an increase in the fixed rates of fees for energy consumption. According to Cogena (association representing firms operating in the fields of construction and distribution of cogeneration systems and energy services) the regulation represents “a new tax on energy efficiency, in other words, an incentive to inefficiency.”  For investments in new capital goods intended for production facilities located in Italy and exceeding 10 thousand Euro, the law introduces a 15% tax credit broken into three annual instalments. Text of the LD - Measures for economic growth Law 116 LD91 LD91 - Annexes

The Aeegsi decision582/2015/R/eel of last December 2nd, has extended to the whole of next year the D1 rate which, unlike existing ones, entails owners of a heat pump as the only heating system paying always the same price for all kWh, regardless of the annual consumption volume. Unlike the other rates currently in force (D2 and D3), by which the cost of each kWh increases as consumption rises. The consequence being that clients with high annual consumption levels are the most disadvantaged. Heating with a heat pump therefore not only becomes more efficient and environmentally sustainable, but more cost effective as well. The Aeegsi decision582/2015/R/eel of last December 2nd, has extended to the whole of next year the D1 rate which, unlike existing ones, entails owners of a heat pump as the only heating system paying always the same price for all kWh, regardless of the annual consumption volume.  Unlike the other rates currently in force (D2 and D3), by which the cost of each kWh increases as consumption rises. The consequence being that clients with high annual consumption levels are the most disadvantaged. Heating with a heat pump therefore not only becomes more efficient and environmentally sustainable, but more cost effective as well.

The rate experimentation stage targeting residential clients using heat pumps as the only heating system will start on July 1st. Application of the new D1 rate is aimed £at removing obstacles to energy efficiency arising from the existing progressive structure of the fees for the supply of electricity, when devices powered by electricity and energy efficient such as heat pumps are installed.” As a matter of fact, the system currently in force entails progressive charges, i.e. a price for the kilowatts used that rises with the rise in consumption. Joining the price experimentation is on a voluntary basis and requires sending a request to the electricity provider. Decision 20 May 2014, 9/2014 DIUC Annex 1 to decision 20 May 2014, 9/2014 DIUC Annex 2 to decision 20 May 2014, 9/2014 DIUC Annex 3 to decision 20 May 2014, 9/2014 DIUC Annex 4 to decision 20 May 2014, 9/2014 DIUC The rate experimentation stage targeting residential clients using heat pumps as the only heating system will start on July 1st. Application of the new D1 rate is aimed £at removing obstacles to energy efficiency arising from the existing progressive structure of the fees for the supply of electricity, when devices powered by electricity and energy efficient such as heat pumps are installed.” As a matter of fact, the system currently in force entails progressive charges, i.e. a price for the kilowatts used that rises with the rise in consumption.  Joining the price experimentation is on a voluntary basis and requires sending a request to the electricity provider.  Decision 20 May 2014, 9/2014 DIUC Annex 1 to decision 20 May 2014, 9/2014 DIUC Annex 2 to decision 20 May 2014, 9/2014 DIUC Annex 3 to decision 20 May 2014, 9/2014 DIUC Annex 4 to decision 20 May 2014, 9/2014 DIUC  

Today is a special day for Sabiana: we celebrate seven extraordinary individuals who, after a career dedicated with passion and commitment, are now embarking on a new chapter in their lives—their well-earned retirement.Together, they have contributed a total of 280 years of experience, professionalism, and dedication, leaving an indelible mark on our company and community. This milestone represents not only years but also stories, achievements, and shared values that have shaped Sabiana into what it is today.A heartfelt thank you to Maria Pia, Maurizio, Emilio, Marco, Mario, Mauro, and Gianluigi.Each of them has embodied the values of Sabiana, contributing with skills and humanity to create a unique work environment where daily dedication and collaboration have always been central.To all of them, we extend our sincerest gratitude and best wishes for the future. We are proud of the journey we have taken together and confident that this new phase will be filled with joy and serenity.Thank you for everything you have done for Sabiana: your legacy will always be a part of our story.

According to Harvard researchers, who published the study on Environmental Health Perspective, people who work in well aerated premises, with low CO2 and indoor pollution levels, achieve better scores in cognitive functions compared to people whose offices are less green, with pollution and CO2 levels considered to be standard. The researchers focused on the impact of room ventilation, chemicals and CO2 on workers’ cognitive functions by exposing 24 workers to different levels of CO2, ventilation and VOC concentrations, commonly emitted in offices. Participants exposed to premises with the best air quality, achieved on average double scores in cognitive performance compared to those who worked in conventional premises. The researchers also underline the impact of CO2 levels: the average score drops when the CO2 level increases. “These results point to the fact that even modest improvements in the quality of indoor air might have a deep impact on workers’ decision-making performance,” said Joseph Allen of Harvard University, the main author of the study. According to Harvard researchers, who published the study on Environmental Health Perspective, people who work in well aerated premises, with low CO2 and indoor pollution levels, achieve better scores in cognitive functions compared to people whose offices are less green, with pollution and CO2 levels considered to be standard.  The researchers focused on the impact of room ventilation, chemicals and CO2 on workers’ cognitive functions by exposing 24 workers to different levels of CO2, ventilation and VOC concentrations, commonly emitted in offices. Participants exposed to premises with the best air quality, achieved on average double scores in cognitive performance compared to those who worked in conventional premises. The researchers also underline the impact of CO2 levels: the average score drops when the CO2 level increases. “These results point to the fact that even modest improvements in the quality of indoor air might have a deep impact on workers’ decision-making performance,” said Joseph Allen of Harvard University, the main author of the study.

Upgrading hotel facilities and constructing new hospitality facilities should be subsidised with an incentive policy to operate like the ecobonus. The announcement was made by Minister Dario Franceschini during a recent audition in the Industry Commissions of the Lower and Upper Chamber. If the bonuses announced were to become real, this would be a good opportunity for Sabiana, which is able to offer innovative, high energy efficiency conditioning equipment, that assure extremely high standards in indoor air quality thanks to the Crystall filter. These features would allow hotel owners to upgrade their facilities to the top of their range, while taking advantage from the government’s bonuses. Final Text Upgrading hotel facilities and constructing new hospitality facilities should be subsidised with an incentive policy to operate like the ecobonus. The announcement was made by Minister Dario Franceschini during a recent audition in the Industry Commissions of the Lower and Upper Chamber. If the bonuses announced were to become real, this would be a good opportunity for Sabiana, which is able to offer innovative, high energy efficiency conditioning equipment, that assure extremely high standards in indoor air quality thanks to the Crystall filter. These features would allow hotel owners to upgrade their facilities to the top of their range, while taking advantage from the government’s bonuses.  Final Text