Publicidad
■ 0RGR G¶LPSLHJR
‡
'LYLHWR GL
,7
VPRQWDJJLR
‡
‡
‡
'LYLHWL
‡
‡
‡
$]LRQL
‡
REEOLJDWRULH
■ 0RGR G¶LPSLHJR
‡
'LYLHWR GL
FRQWDWWR
‡
$]LRQL
REEOLJDWRULH
■ 7UDVSRUWR H LQVWDOOD]LRQH
‡
‡
'LYLHWL
‡
‡
‡
‡
‡
$]LRQL
REEOLJDWRULH
‡
‡
1RQ HVHJXLUH PDL RSHUD]LRQL GL VPRQWDJJLR PRGLILFD R ULSDUD]LRQH GHOO¶XQLWj 7DOL RSHUD]LRQL SRWUHEEHUR
FDXVDUH VFRVVH HOHWWULFKH LQFHQGLR H OHVLRQL &KLDPDUH LO GLVWULEXWRUH 7RVKLED SHU DVVLVWHQ]D
1RQ WRJOLHUH LO FRSHUFKLR GHOOD PRUVHWWLHUD TXDQGR O¶DOLPHQWD]LRQH q LQ IXQ]LRQH /¶XQLWj FRQWLHQH PROWH SDUWL
VRWWRSRVWH DG DOWD WHQVLRQH H LO FRQWDWWR FRQ OH VWHVVH q FDXVD GL VFRVVH HOHWWULFKH
1RQ LQILODUH OH GLWD QHOOH DSHUWXUH DG HVHPSLR QHL IRUL SHU LO SDVVDJJLR GHL FDYL R QHL FRSHUFKL GHOOD YHQWROD GL
UDIIUHGGDPHQWR 3RWUHEEH FDXVDUH VFRVVH HOHWWULFKH R OHVLRQL
1RQ LQWURGXUUH RJJHWWL QHOO¶LQYHUWHU ILOL FDYL EDFFKHWWH HFF /D PDQFDWD RVVHUYDQ]D GL TXHVWR GLYLHWR
SRWUHEEH FDXVDUH VFRVVH HOHWWULFKH R LQFHQGLR
3URWHJJHUH O¶LQYHUWHU GDO FRQWDWWR FRQ DFTXD R DOWUL OLTXLGL /D PDQFDWD RVVHUYDQ]D GL TXHVWR GLYLHWR SRWUHEEH
FDXVDUH VFRVVH HOHWWULFKH R LQFHQGLR
$FFHQGHUH O¶XQLWj VROR VH LO FRSHUFKLR GHOOD PRUVHWWLHUD q FKLXVR 6H O¶DOLPHQWD]LRQH q DWWLYDWD VHQ]D LO
FRSHUFKLR GHOOD PRUVHWWLHUD VL SRVVRQR ULVFKLDUH VFRVVH HOHWWULFKH R DOWUL IHULPHQWL
6H O¶LQYHUWHU HPHWWH IXPR RGRUL LQVROLWL R VWUDQL UXPRUL VFROOHJDUH LPPHGLDWDPHQWH O¶DOLPHQWD]LRQH /¶XVR
FRQWLQXDWR GHOO¶LQYHUWHU LQ WDOL FRQGL]LRQL SXz SURYRFDUH XQ LQFHQGLR &KLDPDUH LO GLVWULEXWRUH 7RVKLED SHU
DVVLVWHQ]D
6FROOHJDUH VHPSUH O¶DOLPHQWD]LRQH VH O¶LQYHUWHU QRQ YLHQH XWLOL]]DWR SHU OXQJKL SHULRGL GL WHPSR /¶HYHQWXDOH
LQILOWUD]LRQH GL SROYHUH OLTXLGL R DOWUR SRWUHEEH HVVHUH FDXVD GL PDOIXQ]LRQDPHQWL /D PDQFDWD RVVHUYDQ]D GL
TXHVWD LQGLFD]LRQH SRWUHEEH FDXVDUH XQ LQFHQGLR
1RQ WRFFDUH OH DOHWWH GHO GLVVLSDWRUH R L UHVLVWRUL GL IUHQDWXUD 6L WUDWWD GL GLVSRVLWLYL FKH SRVVRQR UDJJLXQJHUH
WHPSHUDWXUH HOHYDWH H TXLQGL SURYRFDUH XVWLRQL
8WLOL]]DUH VROR LQYHUWHU FRQIRUPL DOOH VSHFLILFKH GL DOLPHQWD]LRQH H GHO PRWRUH WULIDVH D LQGX]LRQH 6H O¶LQYHUWHU
QRQ q FRQIRUPH D TXHVWH VSHFLILFKH ROWUH D QRQ IDU UXRWDUH FRUUHWWDPHQWH LO PRWRUH WULIDVH D LQGX]LRQH
SRWUHEEH VXUULVFDOGDUVL H LQQHVFDUH XQ LQFHQGLR
1RQ LQVWDOODUH Qp D]LRQDUH O¶LQYHUWHU VH GDQQHJJLDWR R QRQ FRPSOHWR GL WXWWL L FRPSRQHQWL
/D PDQFDWD RVVHUYDQ]D GL TXHVWR GLYLHWR SRWUHEEH FDXVDUH VFRVVH HOHWWULFKH R LQFHQGLR &KLDPDUH LO
GLVWULEXWRUH 7RVKLED SHU DVVLVWHQ]D
1RQ SRVL]LRQDUH RJJHWWL LQILDPPDELOL YLFLQR DOO¶LQYHUWHU
6H VL YHULILFD XQ LQFLGHQWH LQ FXL YHQJRQR JHQHUDWH ILDPPH SRWUHEEH LQQHVFDUVL XQ LQFHQGLR
1RQ LQVWDOODUH O¶LQYHUWHU RYH YL VLD ULVFKLR GL FRQWDWWR FRQ DFTXD R DOWUL OLTXLGL /D PDQFDWD RVVHUYDQ]D GL
TXHVWR GLYLHWR SRWUHEEH FDXVDUH VFRVVH HOHWWULFKH R LQFHQGLR
8VDUH O¶LQYHUWHU VROR LQ SUHVHQ]D GHOOH FRQGL]LRQL DPELHQWDOL GHVFULWWH QHO PDQXDOH GL LVWUX]LRQL
8WLOL]]L HIIHWWXDWL LQ SUHVHQ]D GL DOWUH FRQGL]LRQL SRWUHEEHUR SURYRFDUH LO PDOIXQ]LRQDPHQWR GHOO¶LQYHUWHU
0RQWDUH O¶LQYHUWHU VX XQD EDVH PHWDOOLFD ,O SDQQHOOR SRVWHULRUH SXz UDJJLXQJHUH WHPSHUDWXUH HOHYDWH 3HU
HYLWDUH LO ULVFKLR GL LQFHQGLR QRQ LQVWDOODUH O¶LQYHUWHU YLFLQR D PDWHULDOL LQILDPPDELOL
1RQ D]LRQDUH O¶XQLWj VH LO FRSHUFKLR GHOOD PRUVHWWLHUD q VWDWR ULPRVVR &Lz SRWUHEEH SURYRFDUH IROJRUD]LRQL
/D PDQFDWD RVVHUYDQ]D GL TXHVWD LQGLFD]LRQH SRWUHEEH FDXVDUH VFRVVH HOHWWULFKH FRQ FRQVHJXHQ]H JUDYL
R OHWDOL
Ê REEOLJDWRULR LQVWDOODUH XQ GLVSRVLWLYR G¶DUUHVWR G¶HPHUJHQ]D LGRQHR DOOH VSHFLILFKH GHO VLVWHPD DG HV XQ
GLVSRVLWLYR GL VSHJQLPHQWR DXWRPDWLFR FKH DWWLYL LO IUHQR PHFFDQLFR /¶LQYHUWHU QRQ q LQ JUDGR GL HIIHWWXDUH XQ
DUUHVWR LPPHGLDWR H FLz SRWUHEEH SURYRFDUH LQFLGHQWL H OHVLRQL
7XWWH OH RS]LRQL XWLOL]]DWH GHYRQR HVVHUH VSHFLILFDWH GD 7RVKLED
/¶XWLOL]]R GL DOWUH RS]LRQL SXz HVVHUH FDXVD GL DQRPDOLH
6H VL XVD XQ LQWHUUXWWRUH GL FRPDQGR SHU O¶LQYHUWHU HVVR GRYUj HVVHUH LQVWDOODWR DOO¶LQWHUQR GL XQ DUPDGLR
,O PDQFDWR ULVSHWWR GL WDOH DFFRUJLPHQWR SRWUHEEH SURYRFDUH VFRVVH HOHWWULFKH
3HULFROR
$YYHUWLPHQWR
3HULFROR
(
Publicidad
