25/10/2018 - 25/10/2018
52 Main Meeting | Bergamo (BG) Italy

F.A.R.O. is pleased to present the new format to guide strategic and purchasing decisions, in the occasion of the Focus on 2019 Purchasing Budget!


Preliminary Program
Thursday 25 October – All day
Location: Kilometro Rosso Science Park (Bergamo - Italy)
09:00 Registration & Welcome Coffee
Opening and welcoming remarks
Paolo Kauffmann – Founder FARO


Strategic View on the International markets: Usa - China
- Europe

Arrigo Sadun – TLSG, International Advisors
Focus on Italy 
Giorgio Arfaras – Centro Einaudi
Commodity risks hedging
Ed Meir - INTL FCStone Inc, Alessandro Fossati - Gamma Trade Sa, Andrea Matera - Kommodities Partners Sa, Kerb Members
Currency and rates risks hedging
Andrea Guarneri - Kommodities Partners Sa, Augusto Machirelli - Open G Srl SB
Energy risks hedging
Matteo Carassiti - Illumia Trend, Massimiliano Brialdi - Illumia Trend
Smart Contract & Blockchain 
Gianvirgilio Cugini - Studio Legale Cugini
Cost-saving Methodologies

Francesco Ferri - Innext, Ervino Riccobon - Innext
End of the 52nd FARO Meeting


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.
Gianvirgilio Cugini - Avvocato, Partner, Studio Legale Cugini
Lawyer registered in the list of EU and AELS Lawyers of Canton Ticino and in the Bar Association of Brescia-Italy. He is member of the Association of Fiduciary Chartered Accountants of Canton Ticino. Engaged in activities of legal and tax advice, he was one of the founders of Compagnia Fiduciaria Lombarda Spa and of Helvetia Trust Company Sagl. He is also founder of the Fondazione Lombarda Affidamenti. From 1992 to 1996, he practiced in New York. In the past few years he was project manager for the realization of different transnational operations of reorganization and sale on behalf of several SMEs. He is member of the Board of Directors of several Chinese and Swiss companies. Specialized in International Civil and Commercial law, he gives advisory to SMEs in international contracts, incorporation of branch and acquisition of companies; he deals with the protection of the assets of entrepreneurs and their families, in the care of the issues deriving from the generational transition and giving legal advice in companies reorganization and in extraordinary operations.
Francesco Ferri – Partner, Innext
Francesco Ferri is Founder and Partner of Innext (2003), where he leads Strategic Change Management and Innovation Projects (thanks to the partnership with Google Cloud) for medium and large Italian companies.
Innext nowadays counts more than 40 professionals in Italy and opened a branch in China.
Francesco’s clients represent many industries including automotive, retail, manufacturing, chemical, fashion industry.
Francesco has been Vice-President of Confindustria Giovani Imprenditori (Italian most important entrepreneurship association) from 2014 to 2017.
Francesco earned his Graduate Degree in International Economics from Luigi Bocconi University, Milan.
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.
Ed Meir - Senior Metals Analyst, INTL FCStone Inc
Mr. Meir has been in the commodities business for about 30 years in various capacities. After getting his BA in economics from Mcgill University and his MBA from New York University, he started his career as a futures research analyst covering the sugar, coffee, and cocoa markets. He then spent the next 18 years in the physical markets, trading aluminum, tin and steel. His firm now provides award-winning research on base and precious metals as well as on a number of other commodities. Mr. Meir was ranked by Metal Bulletin as the #1 overall base metals analyst in 2011, 2014 and 2015 and was ranked number #2 in precious metals in 2014 and #3 in 2013.
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.
With the valuable support of world-renewned entrepreneurs, analysts and economists...


We have selected the closer hotel to the location, with which is agreed special rates (Double room single use, B&B). 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 "52° FARO Meeting" agreement, and proceed independently with the booking.

Grand Hotel del Parco****  | Stezzano
Special rate (double room single use): 72€ - double room: 82€
Distance from location: 4km | Contacts: Ph: +39 035/591710 - info@grandhoteldelparco.com
Cancellation policy: Reservation can be cancelled until 10 days before the arrival day, with a credit card guarantee

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

Kilometro Rosso Science and Technology Park is a managed environment that hosts 50 companies: amongst them there are research centres, laboratories, high-tech manufacturing facilities and providers of innovation services. The Park’s Mission is to promote the development of a hub of knowledge, innovation and high technology by creating a rendezvous point for innovation-driven companies and for scientific and R&D centres focusing on advanced technologies.
Kilometro Rosso is a “node of an international network of relationships and connections”, that boosts the share of skills, knowledge, information and know-how not only among its Partners, but also between them and the outside world. About 1.600 R&D specialists work daily at Kilometro Rosso which is fast becoming one of the most successful Science Park of its type and one of the most important in Italy.
In order to favour open innovation and contamination among ideas, resources and skills of different groups, the Park attracts businesses that operate in a wide spectrum of fields: Automotive, Biomedical, Mechatronics, Advanced Materials, ICT, Energy, Mechano-textile and many more.
Kilometro Rosso is very active in widening its national and international relationship network: the Park has become a member of (amongst other associations) IASP (the International Association of Science Parks), APSTI (the Association of Italian Science & Technology Parks) and AIRI (the Italian Association for Applied Research), and has also signed a number of international collaboration agreements. Kilometro Rosso has also signed two important R&D partnership agreements with primary Italian scientific institutions as “Elettra” (the multidisciplinary Synchrotron Light Laboratory in AREA Science Park in Trieste) and the “IIT – Italian Institute of Technology”, to promote industrial research, innovation and development of frontier technologies in enterprises.

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.