- Sustainability is one of the pillars of Air Europa’s Business Class, since its planes consume up to 20% less fuel, which results in lower emissions; and because it has cutting-edge technology, it generates an acoustic impact that is up to 60% lower
- Lower cabin pressurization, which reduces jet lag, and a seating layout that gives all passengers direct access to the aisle
- The range of menus has been created by Martín Berasategui, the only Spanish chef awarded with 12 Michelin stars.
Month: February 2022
MSC announced the expansion of its Charleston County operations
by MSC USA
On February 10, MSC USA, the United States cargo shipping arm of MSC Mediterranean Shipping Company (MSC), a global leader in transportation and logistics announced the plan to expand its Charleston County operations.
With an investment of more than $13.7 million , the expansion will create 135 new jobs increasing its local footprint to a total of more than 500 employees.
The South Carolina Coordinating Council for Economic Development has approved job development credits related to the project. The council also awarded Charleston County a $1.2 million Set-Aside grant to assist with the costs of site preparation and building construction.
“Our Mount Pleasant branch, like many other MSC USA branches in the United States, is set to grow exponentially. The decision to expand in the region is a testament to Charleston County’s exceptional talent and resources. We would like to thank Charleston County Economic Development, alongside the state of South Carolina, its Governor, and the mayor of Mount Pleasant for their community and business-friendly policies, which have made it possible for MSC USA to grow and flourish locally. We’re excited about the opportunity of drawing more talent to Mount Pleasant by continuing to invest in our workforce there.” said MSC USA President and CEO Fabio Santucci
Located at 700 Watermark Boulevard in Mount Pleasant, MSC is adding 25,000 square feet adjacent to the existing building and relocating corporate functions from its northeastern headquarters to complement the expansion locally.
Founded in 1970, MSC has 524 offices across 155 countries with over 100,000 employees worldwide. MSC USA opened in 1985 and has been serving the U.S. market for over 35 years. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, MSC’s shipping line sails on more than 230 trade routes, calling at over 500 ports.
Bottega Giusti : a new retail format
by Giusti USA
Founded in 1605 in Modena, Giusti is the oldest Balsamic Vinegar producer in the world.
Today, the company is guided by the 17th generation of the Giusti family. Claudio Stefani Giusti directs a team of over 50 employees with passion and an innovative enthusiasm, pursuing important expansion goals.
Giusti closed the 2021 financial year with a €11 million revenue, representing an impressive 35% growth rate on 2020. International markets now represent a 65% share of the company’s final revenue.
Giusti has invested in the implementation of specific geographic based strategies, team members’ professional growth, new international company branches with local recruitment, and constantly supports the diffusion of the culture of Balsamic Vinegar of Modena, promoting its use as a standout ingredient in applications ranging from appetizers to desserts, through to mixology.
Moreover, in 2021, Giusti’s international presence in Seoul (Korea) and New York City was expanded to include two new foreign branches in Hong Kong and Munich (Germany).
Giusti has also embarked on a novel retail format “Bottega Giusti,” where visitors are invited to taste and appreciate the complexity of balsamic flavors and its unique history, surrounded by ancient casks and unique tools. The first Giusti branded store was unveiled in 2019 in Modena city’s central square, followed by a second flagship store in the famous street of Via Spadari, Milan in December 2021. Giusti will be celebrating its third “Bottega Giusti” in the heart of Bologna later in 2022.
In 2022, Giusti will also embark on an ambitious renovation of its headquarters, with an innovative and modern expansion of the production area (3000m2) with a smart, efficient and – most importantly – sustainable architecture. This strategic investment, about €5 million, is tailored to support Giusti’s future growth, improve employees’ wellbeing, and create new work opportunities for the local community.
Styl’editions – 2022 Collection
Styl’editions USA is pleased to announce the launch of the 2022 collection from Styl’editions, a world-renowned Italian company that produces a range of high quality wallpapers.
Styl’editions USA partners, Marco Bruzzi and Monica Melotti have been internationally recognized for their successful design development and project management. Known for their architectural and holistic approach to design, they meticulously curate and execute every detail – the result being stunning rooms and spaces. Styl’editions have won many awards both in Italy and internationally.
Their work and projects have been featured in Vogue, Miami Magazine, AD, Interni, Abitare, Forbes, Financial Times, Elledecor, and New York Social Diary, to name a few.
Styl’editions is a new brand proposed by Stylgraph, a leading company and reliable partner of the most important flooring and upholstery companies in the world, designing surfaces with over 30 years of experience.
With the purpose to make your space a sanctuary for your soul, Styl’editions creates timeless, beautiful, and yet practical wallpapers that spark conversation, and have a story to tell. The wallpapers combine the traditions of artisan decor with a uniquely thoughtful and imaginative point of view.
Styl’editions USA will be presenting their 2022 collection at the upcoming European Chamber’s business networking cocktail event on March 10th in Miami.
You can learn more about Styl’editions by visiting:
Facebook: www.facebook.com/styleditions
Instagram:www.instagram.com/styleditionsofficial/
Email: info@styleditionsusa.com
2022 signature events unveiled
The IACCSE is promoting its signature events that will be organized during the year 2022. These event formats have been developed by our Chamber and have become along the years very popular annual gatherings of the Italian and American business community in the Southeast of the United States.
These signature events include The MEET US Roadshow in Italy, The Italian Food & Wine Festival, The Best of Italian Design, and The Italian Business Community Night.
By participating as an exhibitor or sponsor and co-branding your company with successful business events, you can reach a specific target of entrepreneurs and professionals.
To know more about the IACCSE signature events, click here:
MEET US ROADSHOW IN ITALY
MAY 9-13, 2022
THE AUTHENTIC ITALIAN FOOD & WINE FESTIVAL
JUNE 1, 2022
THE BEST OF ITALIAN DESIGN
NOVEMBER 10, 2022
The event is dedicated to those Italian companies interested in meeting with architects, interior designers, general contractors, and developers of South Florida. The event will include talks with renowned speakers, furniture dealers roundtable, business meetings, networking cocktail, Showroom Experience & Food Design Night.
THE ITALIAN BUSINESS COMMUNITY NIGHT
DECEMBER 8, 2022
Trade Summit of the Americas
Italian superyacht-building continues to lead the sector globally
Italy confirms its position as the first among the top 20 superyacht-building countries with a total length of about 19,158m of superyacht in production in 2022 from 523 projects, at an average length of 101.2m, as reported by The Global Order Book, by BOAT International US Edition. Of the total of projects in the Global Order Book, 50% are being built in Italy. The top-tier country producer was followed at a considerable distance by The Netherlands (4,681m total length – 75 projects – 62.4m average length) and Turkey (4,010m total length – 91 projects – 44.1m average length).
2022 forecasts expect 1,024 projects on order or under construction, a rise of 24.7% in comparison with 2021, as a result of an unprecedented demand of superyachts, to remain stable until 2026. Demand is strong across all segments of the industry, with a significant rise for expedition yachts (+33%), sportfishers (+133%), and sailing yachts (+18.6%).
The number of active shipyards across the globe continues to grow from the 10-year low of 2018, with 151 active yards, to current 186 active yards building superyachts (+4% from 2021).
Among the top-tier builders, Azimut-Benetti tops the volume charts with its 128 projects, up 28 units with respect to 2021. Sanlorenzo comes in second place with 117 projects in build or on order. Ferretti Group appears in the top three most productive yards. Along with the top three, other Italian shipyards, as Overmarine, The Italian Sea Group, Baglietto, Cantiere delle Marche, and Palumbo, deserve special attention as they have shown substantial growth in the total length of production.
First Business Breakfast of the year
We are glad to announce that the first Business Breakfast of 2022 will be hosted by our Premium Member Air Europa, on Friday, February 11th, in a Midtown Miami.
Business Breakfast are open exclusively to registered IACCSE members and are a nice opportunity to get to know each other around the table and in front of a good coffee. Invitation will be sent in the upcoming days to all our members.
Each guest will have the chance to introduce his/her business to other participants. Air Europa will be presenting its services, and special offers reserved for IACCSE members.
More Business Breakfasts will follow. In particular, we are planning two more meetings in the first quarter of the year, so stay tuned!
New The 2022 Tax Filing Season – Time to Claim Excess FIRPTA Funds
Upon us is a new year and with it comes the start of the 2022 tax season. If you were a foreign seller of U.S. real property in 2021 and were subject to the FIRPTA income tax withholding, you will now be able to apply and possibly get all or part of the withholding back by filing a U.S. tax return and requesting a refund. The amount of gain (or loss) realized, along with other factors such as whether the property was depreciated, will determine whether and how much you will receive.
There is an “expedited” procedure to obtain a partial or full refund of withheld FIRPTA funds, the application for a withholding certificate (Form 8288-B). However, due to the IRS’ well-known processing delays, our firm advises clients, especially those selling property in the second part of a calendar year, to simply remit funds to the IRS via the normal procedure (Form 8288-A).
As to the specific filing requirements, a NRA seller has to possess a U.S. tax identification number to apply for a refund and file Form 1040NR, the U.S. Nonresident Alien Income Tax Return. Note that if you remitted FIRPTA funds to the IRS and you did not have an ITIN at that time, a form W-7 should have been filed requesting that an ITIN be assigned to you. Make sure to inquire with your tax professional on the status of that request.
If you are unsure about the details or have lingering questions, the time to act is now. You should contact your Certified Public Accountant or other tax professional well in advance of the April deadline to avoid the classic bottleneck effect that can cause delays or unnecessary stress.
Fabio Giallanza is a partner with Salcedo Attorneys at Law P.A. He focuses his practice in corporate and commercial transactions. He holds an LLM in Taxation from the University of Miami
Promoting Abruzzo wines
The Italy-America Chamber of Commerce Southeast, thanks to its consolidated expertise in the wine sector, will be collaborating with the IEEM (International Event & Exhibition Management) for the organization of B2B meetings with 7 producers of Consorzio Vini d’Abruzzo, representing the excellence of regional signature wines as Montepulciano d’Abruzzo Doc, Trebbiano d’Abruzzo Doc, and many others.
The B2B meetings will take place in the framework of the event Simply Italian Great Wines, to be held on February 7, 2022, in Miami, which will include master classes and tasting from Italian prominent regional wine consortiums. The IACCSE will support IEEM in selecting key buyers from out of State to be invited to the event and organizing their trip to Miami.
The IACCSE will be also supporting Consorzio Vini d’Abruzzo in the selection of key buyers from Italian wines importing companies for a trip to Abruzzo, from March 7 to 11, for a first-hand experience of local wineries.