Incorporation of Italian Holding company in Italy


In February 2019 Mondovolo incorporated 19-01 Holdings in Italy as the next step in creating the necessary organization to manage the different projects underway. 19-01 will act as the full operational organization for all the upcoming activities that will be required to create a full value chain for the aerial firefighting and rescue activities. This comfortably put the projects within the domain of the EU where the issue of wildfires and training are at the top of most of the government’s agendas.

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Forest fires
Following a record-breaking forest fire season in Europe, the Commission is proposing today €170 million from the EU budget to reinforce its rescEU ground and aerial assets starting from the summer of 2023.
Nairobi, 23 February, 2022 – Climate change and land-use change are projected to make wildfires more frequent and intense, with a global increase of extreme fires of up to 14 per cent by 2030...
As the interest in 19-01’s project gained global visibility, Renato was personally invited by His Royal Highness, Prince Abdulaziz bin Faisal bin Abdulmajeed Al Saud to attend the Global Family Office Summit in Riyadh.