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.
Incorporation of Italian Holding company in Italy
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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.
Following the catastrophic wildfires of 2021 interest in this project has gained further visibility around the world.