05/07/2018 - 06/07/2018
51st FARO Meeting | Fabriano (AN) Italy

Two-days F.A.R.O. Experience combining Content, Networking, Exclusive Location, Emotions and an exclusive visionary and cultural contamination moment.

Location: Headquarter Elica - via E. Casoli 2, Fabriano
Registration & Welcome Coffee
Opening and Welcome Remarks
Antonio Recinella – CEO, Gruppo Elica
Paolo Kauffmann - Founder F.A.R.O.
14:30 From the Smart Home to the Smart Building: developments in the Internet of Things market and the impact on the Appliance sector
Giulio Salvadori - Director at Internet of Things Observatory, School of Management – Politecnico di Milano

With the testimonies of the players in the sector

Anna Gagliardi - Product Marketing Connectivity, Ariston Thermo
Angela Simone - Head of IoT, Elica
Francesco Toscano - Director Digital Center of Excellence, Whirlpool 
Andrea Vanni - Country Manager, Ezviz - Hikvision Group
Alessandra Dotto - Head of Product Management, Nice

  The new trends of the industry and the impact on the demand for materials
Paul Mooney – Principal, Ducker Worldwide

The smart revolution in the company: ongoing organizational changes
Francesco Ferri – Partner, Innext

16:30 Refreshment Break and One To One Meetings
17:00 Guided Tour to Elica Propulsion Laboratory (EPL) and Showroom
EPL is the technological center with the highest global verification standards, able to certify ever more innovative products, complying with safety, energy saving and electromagnetic compatibility regulations.
17:45 Vision to Vision
Carlo Calenda - former Italian Minister of Economic Development
Francesco Casoli – President, Elica
Elio Catania – President, Confindustria Digitale
  Moderator Paolo Kauffmann - Founder F.A.R.O.
19:00 End of conference session of the first day
19:45 Networking Cocktail
20:30 Experience the gastronomy of the territory
Location: Headquarter Elica - via E. Casoli 2, Fabriano
Registration & Welcome Coffee
International Economic Scene: Europe – America – Asia – China, including Focus on Italy
Giorgio Arfaras - Director of Economic Letter, Centro Einaudi
Arrigo Sadun – Presidente, TLSG, International Advisors
10:50 CME: opportunities and challenges for the Italian manufacturers, the market scenario and the Risk Management solutions
Richard Stevens - Executive Director, Research & Product Development, CME Group
11:20 Refreshment Break and One To One Meetings
11:50 Commodity markets and currencies: technical analysis and correlations
Non Ferrous Metals Outlook
Andrea Guarneri – Forex and Commodity Trader, Kommodities Partners Sa
Ferrous Metals Outlook
Alessandro Fossati – CEO, Gamma Trade Sa
12:45 Panel discussion aimed to express the market situation of the industry, presented by the members of the FARO Board.

Copper and alloys, Zinc and Lead, Aluminium and alloys, Steel and Scraps, Nickel.

Topics: Demand and offer trends – Order book - Spot prices – Premiums

Buffet Lunch
Close of the 51st F.A.R.O. Meeting
Speech held in English and in Italian. Simultaneous translation service available



Giorgio Arfaras - Director of Economic Letter, Centro Einaudi
Board member and partner of the "think tank" Centre for Documentation and Research Luigi Einaudi.
Director of its “Economic Letter” and Co-author of the “Annual Report on the Global Economy and Italy”.
Contributor for two italian newspaper La Stampa and Il Foglio.
From 2000 to 2007, he worked at Credit Suisse (Italy) as Director.
Before (1980-2007) that he was employed at Prime, Pirelli, Arthur Andersen Consulting and Prometeia.
Francesco Casoli – President, Elica
Francesco Casoli is the Executive President of Elica, the world’s leading producer in the cooker hood sector. He is the son of the company’s founder. He began working for the company in 1978 and in 1990 at the age of 29 was nominated Managing Director. He has been President of the Board of Directors since 12th April 2006. From 2005 to 2006 Francesco Casoli represented the Ancona province as President of Assindustria, the national organization for the representation of Italian Industry. From 2006 to 2013 he was member of the Senate, the first house of the Italian Parliament. On June 2017 he was appointed “Cavaliere del Lavoro”. The “Cavalieri del Lavoro” are business men and women decorated with the “Ordine al Merito del Lavoro” (Order of Merit for Labour) by the President of the Italian Republic. The title is recognition for results obtained in the world of business, the creation of development and jobs but above all for the commitment to ethical and social responsibility aimed at improving living and working conditions in Italy. An enthusiastic patron of the arts, in 1998 Francesco inaugurated the Ermanno Casoli International Art Prize, named in memory of his father and a Foundation is also named after him. Established in 2007, the Foundation aims at supporting the value of art and contemporary culture within the industrial world while contribuing to the growth of the territory.
Elio Catania – Presidente, Confindustria Digitale
Elio Catania is Chairman of Confindustria Digitale. He graduated in Electro-technical Engineering at the 'La Sapienza' University in Rome and gained his Master's Degree of Management Science at the 'Sloan Fellow School' of the Massachusetts Institute of Technology in Boston. He spent most of his management career in IBM where he was President of IBM Latin America, South Europe and Italy and became Member of the Worldwide Management Council. He has been Chairman and CEO of Ferrovie dello Stato, Chairman and CEO of the ATM Group and Deputy Chairman of Alitalia. He served as Board Member and Member of the Executive Committee of Telecom Italia and as Board Member of Intesa Sanpaolo and BNL. He is currently Member of General Council of Confindustria, Member of the Executive Committee of Italy and US Council, Member of Assonime Executive Committee, Member of the Board of Directors of Fondazione Asphi Onlus and Member of the BoD of Elica Group. He is Knight of Labour.
Alessandro Fossati - CEO, Gamma Trade Sa
He started his career as a consultant in M&A, taxation and corporate finance to join, as a second step, Duferco where he grew up as a steel trader. After a few years in MMK as export manager he worked as an advisor in the steel and raw material field by brokering, forecasting and benchmarking steel and raw material trends and prices as a basis for long/short position planning. After this experience, he joined Deltasteel Ireland Ltd, a more than twenty years trading company, where he managed the steel business unit mainly focused in import of Chinese steel into Europe, adding value to European manufacturer through logistic, financing and hedging services. Since November 2016 he is CEO at Gamma Trade Sa, a Swiss based trading house, active in steel and related raw materials.


Anna Gagliardi - Product Marketing Connectivity, Ariston Thermo


Andrea Guarneri - Forex and Commodity Trader, Kommodities Partners Sa
He assumed in March 1995 the management of the family farm (170 hectares).
In the meanwhile he develops the activities of financial hedging of USA markets grains.
Then spreads his knowledge on the trading of all major commodities and related indices. Since September 2006, he played the role of technical analyst and trader on non-ferrous metals on LME and Forex.
He is teacher in technical analysis and financial instruments such as futures and options training courses. He has held  lectures on the financial markets at the Bocconi University of Milan. Andrea Guarneri is interviewed on a weekly basis from the financial channel CNBC Class.
Currently he has been working as technical analyst and trader on commodities, forex and indices at Kommodities Partners SA.


Paul Mooney – Principal, Ducker Worldwide


Arrigo Sadun – President of TLSG, International Advisors
From 2005 to 2012 he held the position of Executive Director of the International Monetary Fund for Italy, Albania, Greece, Malta, Portugal, San Marino and Timor-Leste. Previously, Dr. Sadun had held the following positions: Director of  economic and financial analysis at the Italian Finance & Economic Ministry in Rome; President and founder of  Business Information Group - BIG ( an economic consulting serving customers in Europe and in the USA); President of the WEFA Group, a worldwide leader in economic forecasting & consulting firm established by the merger of Wharton Econometrics & Chase Econometrics); President of Chase Econometrics, Inc. and Vice President of Chase Econometrics-Europe, Brussels, Belgium. Dr. Sadun holds a PhD and a M.A  in International Economics from The Johns Hopkins University, Washington D.C.- USA; and a degree in Political Science from La Sapienza University, Rome. He was born in Bologna, he is married with two children.
Giulio Salvadori - Direttore dell'Osservatorio Internet of Things, School of Management – Politecnico di Milano
He was born in Orvieto (TR) in 1988, he got the Master’s Degree in Management Engineering in 2012 at Politecnico di Milano and the PhD in 2017 in the same University. Since 2013 he is dealing with research activities on digital markets within the Digital Innovation Observatories. In particular, today he is Director of the Internet of Things Observatory and also responsible of managing the relations with the 80 companies belonging to the community of the Observatory. Since 2014 he actively takes part in the training project ITS (Intelligent Transport System) Italy 2020 - Tender for the development and empowerment of the National Technological Cluster. In his professional experience he has carried out advisory activities in the Internet of Things area, for both public and private companies, and tutoring for several innovative start-ups.


Angela Simone - Head of IoT, Elica


Richard Stevens - Head of Metals Research, CME Group
Richard Stevens serves as Executive Director, Research and Product Development in London for CME Group.  He is responsible for identifying and developing new product opportunities, maintaining the viability of current product offerings, and contributing insight into market and business development across the region, and with responsibility for metals products globally.  Stevens has more than 20 years of experience in the derivatives industry, previously serving as Head of Product Development for Interest Rate Products at Liffe, where he led a team charged with developing new and innovative products, trading structures and support services.  He holds both a bachelor’s degree in economics and an master’s degree in finance and investment from the University of Exeter.



Francesco Toscano - Direttore Digital Center of Excellence, Whirlpool




Andrea Vanni - Country Manager, Ezviz - Hikvision Group


With the valuable support of world-renewned entrepreneurs, analysts and economists...


We have selected closer hotels to the location, with which is agreed special rates (Double room single use, B&B) for a maximum of 90€ including VAT. The hotel costs are borne by the participant. The secretariat of FARO Club is not responsible for bookings.
To take advantage of special rates, it is necessary to specify the "FARO / Elica" agreement, and proceed independently with the booking.

VILLA MARCHESE DEL GRILLO | https://www.marchesedelgrillo.com
Address: Località Rocchetta Bassa 73, 60044 Fabriano (AN), Italy. Ph. +39 0732 625690 - Email: info@marchesedelgrillo.com. Distance fromlocation: 2,5 Km.

HOTEL JANUS | http://www.hoteljanus.it
Address: P.zza Matteotti 45, Fabriano (AN) Italy. Ph. +39.0732.4191 - Email: info@hoteljanus.it. Distance from location: 4 Km.

Cancellation policy: Reservation can be cancelled until 24 hours before the arrival day, with a credit card guarantee

More information soon!

Elica Corporation, headed by Chairman Francesco Casoli, has operated on the kitchen hoods market since the 1970s. Today the company has seven plants worldwide in Italy, Poland, Mexico, India and China. 3,800 employees produce 20,9 million pieces ranging from hoods to motors every year.

Elica Corporation has two core businesses areas: cooking and motors.

In the first area, Elica is the world's leading manufacturer of cooker hoods for household use. In the second area, Fime brand holds the number 1 position in Europe for the design, production and sale of electric motors for household appliances and boilers.

The cooking division designs, manufactures and sells kitchen hoods for domestic use, with the Elica brand as well as for the world's leading manufacturers of household appliances and kitchens. For the Asian market, the company also produces hobs, ovens and sterilisers. The motors division manufactures and sells electric motors for appliances, hoods and boilers for household use.

During the FARO Meeting, attendees have the opportunity to schedule their strategic appointments to meet each other!


What attendees say about us...

Extremely interesting, expecially due to the level of the speakers that is really high.
CEO | Brembo Poland Sp.z.o.o.

It’s an opportunity for the industry to share its view and very effective too.
Chief Commodity Strategist | Noble Group

It’s a great opportunity to be here especially because I learn a lot and I also hope to have taught something interesting to the attendees.
Executive Vice President Operations | FIAMM Spa

I think it was very exciting and also interesting! It was my first time this time... I’m not used to be in such an exciting session.
There are a lot of different points of view about the materials, about the uses, about also the sustainability. And we are most committed in sustainability so for us it was really an interesting point of view.

Al Alloys R&D Manager | RAFFMETAL Spa

This was my first experience with FARO but it proved to be a great experience.
We met with a lot of companies from the physical industry, which is very important for the exchanges and the commodities exchanges, like the LME, to be in touch with the representatives of the industry. It was a wonderful event.

Business Development Associate | London Metal Exchange

Very interesting with a lot different opinions and information I didn’t get before.
Head of New Business Development and Marketing | Georg Fischer Automotive

I’m very pleased with this edition. It’s my first time at FARO - I have a colleague who was there last year who talked about packaging.
We’ve had a very nice and interesting overview of various materials that I use today for the automotive industry, the market prospective, from the car, also from the content of aluminum.
We’ve had an interesting prospective from a new country, not a new country but a country where there is clearly a growth perspective – Iran –, and an overview with the various materials with the panel discussions.

Marketing Director, Packaging and Automotive Rolled Products | Constellium

It’s well organized! A lot of very good speakers, the collaboration both in the session and out of the session has been fantastic... The venue is superb!
It’s nice to be in around cars and the excitement around on cars. It’s a kind of new revolution that’s happening in commodities which the FARO club and its members follow.
To do it in a venue like this with the caliber of people has been great!

Chairman & Managing Principal | Ducker Worldwide

This event is very interesting for me and I had the opportunity to explain what our company did, do and will do in the future.
This is very important for suppliers because we try to give and to create our future but we have to work with our suppliers: the future will be created by ourselves with our suppliers so if we work together we will achieve good results.
I hope we will have more possibilities to exchange this kind of information... Thank you again I’m glad to introduce our company and our material overview!

Head of Metals Department | CRF (FCA Company)

It’s a very interesting event! The format we have which is broad is going to provide a lot of information for the delegates.
It’s also very interesting to have the panel discussion: it’s a great way to have engagement with the audience and also with the experts so the people from industry who know a lot of information.
It’s a very good way to tackle a broad ring of issues. When we do our own seminars we will probably adopt one or two of the features… it’s a good way to make an enjoyable day!

Managing Director | LMC Automotive

It’s very interesting because it’s an exchange of information between people from other parts.
It’s a very good time for people to exchange ideas, what’s going on in their business in the automotive industry and other businesses in the future.

Member of the Board | Iranian Auto Parts Manufacturers Association

The venue is superb. I’m a car lover, I’m a Formula One lover so to hold a prestigious event in a prestigious venue...
Chief Engineer, Advanced Technology & Annual Process Development - Body Engineering | Jaguar Land Rover

Aluminium plays a very important role in the automotive industry so I think this kind of meetings are very important just to understand the future trends of this kind of metal.
Purchasing and Supplier Development | Ferrari Spa

I really enjoyed. So far I met a number of business contacts and analysts. I’m working with marketing myself so it’s been good knowledge
Marketing Manager | Alcoa Global Primary Products

I think it’s a very good networking session. Very good to meet intimately with our customers and the Italian industry as a whole.
Chief Marketing Officer | Emirates Global Aluminium

I think is interesting because brings together people from industry, analysts, consumers and producers. It’s good to have a point of view that runs the industry
Commodities correspondent | Financial Times

FARO gives to us also the opportunity to learn something about technics, about metals, how to implement the view we have.
Honorary President | Fonderie Zanardi Spa

I think it’s very good well put together by Paolo and his team. Very interesting debate we had this morning and I think it’s some will say knowledge is a very powerful weapon
Head of Metals Research | Societe Generale Corporate and Investment Banking

It’s been fantastic here. From the prospection of London Metal Exchange we really value the relationship with FARO.
Head of Business Development | London Metal Exchange

FARO is a new concept for Italy for the future. It is made by people who want to find new ideas together. 
President | Eataly

I think that Paolo Kauffmann and his staff have been great to find the right equilibrium between touching different fields and keeping on beeing focused on the target in a wonderfull context.

A lot of good financial experts on the macro and micro economy.
It's a learning and educational experience. It's one of the best organized and professional conferences I have ever attended in my career.
Global Head of Metals | INTL FCStone Inc.

Very impressive, very professional. Good speakers, even better conference than guessed. I’m impressed.
Head of Research | RK Capital Management LLP

The FARO meetings allow us to really get to know our clients on a personal level, which is rare in today's conference environment. FARO enables attendees to relax and develop relationships like no other event due to the brilliant locations and fantastic atmosphere.
The last meeting had a formidable line up of speakers all of whom gave a fascinating insight into the markets. I cannot recommend FARO highly enough for both networking and a thoroughly enjoyable event.

Global Sales Director | Fastmarkets Ltd.

It was interesting to see the different view of different actors:  financial, fabricators, producers that are involved in our business.
Metal Business Director | KME Italy Spa

FARO is the best solution to know people and colleagues from of all over the world.
Head of Administrative Department | Montenegro Srl

Thank you to the FARO team for organizing an excellent event in Fontanafredda – Serralunga D’Alba, both for content and quality of speakers & attendees. Your conferences are always impeccable and located in the most prestigious areas across Italy. I look forward to the next one!
Associate Director | ETF Securities (UK) Ltd.