Senior Italian and Russian officials met to discuss potential business investments worth hundreds of millions of euros just over a week before Moscow invaded Ukraine, people familiar with the matter said.
Talks in Moscow included a possible partnership between Genoa-based Ansaldo Energia and Russia¡¯s NordEnergoGroup, according to the people, who asked not to be named disclosing private negotiations.
Rome-based energy firm Enel SpA¡¯s plan to invest in Slovenske Elektrarne with Russia¡¯s Sberbank, which has been financing the Slovak utility for decades, was also discussed, the people said. Other topics included a €200 million ($225 million) investment from aluminum group Rusal in a plant it owns in Sardinia and a recent accord between mining-technology companies.

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