September 5-6-7, 2025 51st edition
Intelligence on the World, Europe, and Italy

The "Cernobbio Forum"
Its international scope is the most significant aspect of the Forum that TEHA Group organizes each year in September at Villa d’Este in Cernobbio. The event, held each year since 1975, is titled "Intelligence on the World, Europe, and Italy" although it is commonly referred to as "Cernobbio Forum", due to its traditional location. The Forum brings together an array of speakers of the highest level from the world of politics, academia, government and business, from across the globe.
The Forum is a three-day event:
- Day One is normally dedicated to major global issues of a predominantly economic, geopolitical and scientific/technological nature.
- Day Two focuses on Europe and enjoys the presence of officials and representatives of all major European institutions who take part in discussions around the most pressing issues facing the European Union.
- And finally, Day Three is dedicated to Italy with the presence of representatives of the Italian government, officials and numerous leading figures from the world of business and finance.
As per tradition, the event will take place behind closed doors, and will follow the Chatham House Rule: participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed.
In 2025, the program, as it currently stands, will address the following topics:
- Future Challenges and the Impacts on Business: A New Global Order – Part I: From Globalization to Fragmentation; A New Global Order – Part II: Are We Facing a Power Shift?
- A Diagnosis of the Global Financial Architecture
- The Economic Outlook
- Today the World of Tomorrow - Future Thinking and the Frontiers of Scientific Research
- Country Focus USA
- The New Green Era?
- The Peres Heritage Initiative: Building the Future Through Young Talents
The Agenda for Europe
- Trajectories for European Economic Growth and Competitiveness in a Changing World
- One Market, Many Champions: Strengthening Companies for a Stronger EU
- Europe’s Strategic Role and Priorities in Today’s Geopolitical Scenario
- Albania’s Economic Integration with the EU: Building Stronger Trade and Investment Partnerships
- The European Way of Innovation and Digital Sovereignty
- Adapting to New Realities: the Evolution of European Defense and Security
- Ensuring a more Cohesive Europe through Internal Security
The Agenda for Italy
- The Opposition’s Point of View
- Justice and Public Administration
- University, Research, Education and Labor
- The Global Attractiveness Index and the Strategic Industries for Italy’s Future
- Economy and Finance
The Studies presented at the TEHA Forum in Cernobbio
During the Forum, the following studies and research papers produced by TEHA Group, in collaboration with prestigious companies, will be presented. This list is not exhaustive and may be subject to change in the lead-up to the Forum:
- A comparative analysis of the principal macroeconomic indicators of the leading economies, as re-elaborated by TEHA Group on the basis of forecasts from major international financial institutes
- Italy's data centers: Energy, efficiency, and sustainability for the digital transition - produced in collaboration with A2A
- Investing in the Med: dynamics in Italy and Spain – produced in collaboration with Amazon
- A study on the state of the energy transition and policies to optimize the security and competitiveness of the system - produced in collaboration with Edison
- Energy from water, strength and security of the Country: the strategic role of hydroelectric for Italy - produced in collaboration with ENEL
- A study on the topic of educational poverty - produced in collaboration with Fondazione CRT
- AI Skills 4 Agents Observatory: monitoring the evolution of technology, talent and skills for the AI agentic revolution in Italy – produced in collaboration with Microsoft Italy
- Building Bridges: 50 years of the National Italian American Foundation, U.S. - Italy Relations and the Path Forward – produced in collaboration with NIAF (National Italian American Foundation)
- Driving the future: lead firms as engines of innovation and sustainability for Italian and European industrial value chains – produced in collaboration with Philip Morris Italy
- 10th edition- Global Attractiveness Index: the thermometer of a country’s attractiveness - produced in collaboration with Amazon Italy, Philip Morris Italy, Toyota Material Handling
- Education, employment, and the future of the country: Addressing the challenge of skills and NEETs – produced as part of the initiatives of TEHA Club
- The impacts of Trumponomics on European and Italian industrial value chains – produced as part of the initiatives of TEHA Club
- European regulation: findings from the TEHA Club companies’ survey
- Mattei Plan for Africa – The Observatory of TEHA Club and Verso Sud
- Observatory on Italy’s Recovery and Resilience Plan – four years after his launch” - produced as part of the initiatives of TEHA Club
- Observatory on Women’s Empowerment. Equality Lab: From insights to actions - produced as part of the activities of TEHA Club with the support of ABB Italy, Edison, Milan Bergamo Airport - SACBO, Molitoria Umbra, Philip Morris Italy
- The 9th year of the Peres Heritage Initiative for young innovators: a project conceived by TEHA Group - in cooperation with Peres Center for Peace and Innovation, with the support of Teva and Sangalli - in memory of Shimon Peres, the great statesman of our era and major contributor to our Forum in which he took part 24 times
- TEHA Club Letter "The European strategy in the new Transatlantic Scenario (EU–USA)"
- TEHA Club Economic Indicator – third 2025 survey on Italy’s economic prospects, employment rate, and companies’ investments.
The Cernobbio Forum through 50 years
In 2024, the Cernobbio Forum turned 50. Take part in a journey to rediscover some of the guests, events, behind-the-scenes anecdotes, and some moments that marked the history of this great event.
Learn more about #Cernobbio50The Peres Heritage Initiative
The social award launched to commemorate the legacy of Shimon Peres, whom for 24 years participated in our Annual Forum.
Learn more