Italy now European XFEL shareholder

On Friday 5 October, the Italian research organisations INFN and CNR officially became shareholders of European XFEL GmbH.

The National Institute for Nuclear Physics (INFN) and the National Research Council (CNR) together now own 2.9% of the company’s shares; one third going to INFN and two thirds to CNR. Italy has been a European XFEL partner country since the foundation of the company. With the acquisition of the shares, INFN and CNR – both designated by Italy as Italian shareholders – now also have full voting rights in the company’s supreme organ, the European XFEL Council. The Italian share of 2.9% in the company corresponds to the Italian contributions to the total European XFEL construction and operation budgets, making Italy the fourth largest funders following Germany, Russia, and France.

>Read more on the European XFEL website

Image: Representatives from DESY, European XFEL, INFN and CNR celebrate after the signing of the accession documents today. From left to right: Veronica Buccheri, INFN; Nicole Elleuche, European XFEL; Roberto Pellegrini, INFN; Rosario Spinella, CNR; Bruno Quarta, INFN; Reinhard Brinkmann, DESY; Robert Feidenhans’l, European XFEL; Christian Harringa, DESY.
Credit: European XFEL