<?xml version="1.0" encoding="UTF-8"?>
<!--ESMA ESEF Taxonomy 2017-->
<?officialURI https://esma.eu.com/taxonomy/2017-03-31/esef_all-gen-it.xml?>
<?taxonomy-version 0.0.1?>
<?taxonomy-date 2019-02-19?>
<link:linkbase xmlns:gen="http://xbrl.org/2008/generic" xmlns:label="http://xbrl.org/2008/label" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd http://www.w3.org/1999/xlink http://www.xbrl.org/2003/xlink-2003-12-31.xsd http://xbrl.org/2008/label http://www.xbrl.org/2008/generic-label.xsd http://xbrl.org/2008/generic http://www.xbrl.org/2008/generic-link.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/link" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-link.xsd#standard-link-role"/>
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#standard-label"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label"/>
  <gen:link xlink:type="extended" xlink:role="http://www.xbrl.org/2008/role/link">
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#esef_role-000000" xlink:label="esef_role-000000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_esef_role-000000">[000000] Tag che devono essere applicati se l'informazione corrispondente è presente nella rendicontazione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="esef_role-000000" xlink:to="label_esef_role-000000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_axi_role" xlink:label="ifrs_axi_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_axi_role">Convalide delle aggregazioni nell'asse</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_axi_role" xlink:to="label_ifrs_axi_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_cro_role" xlink:label="ifrs_cro_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_cro_role">Convalide incrociate dell'esercizio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_cro_role" xlink:to="label_ifrs_cro_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_eps_role" xlink:label="ifrs_eps_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_eps_role">Convalide degli utili per azione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_eps_role" xlink:to="label_ifrs_eps_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-110000" xlink:label="ias_1_role-110000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-110000">[110000] Informazioni generali sul bilancio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-110000" xlink:to="label_ias_1_role-110000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-210000" xlink:label="ias_1_role-210000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-210000">[210000] Prospetto della situazione patrimoniale-finanziaria, corrente/non corrente</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-210000" xlink:to="label_ias_1_role-210000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-220000" xlink:label="ias_1_role-220000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-220000">[220000] Prospetto della situazione patrimoniale-finanziaria, ordine di liquidità</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-220000" xlink:to="label_ias_1_role-220000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-310000" xlink:label="ias_1_role-310000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-310000">[310000] Prospetto di conto economico complessivo, utile (perdita) d'esercizio, per destinazione dei costi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-310000" xlink:to="label_ias_1_role-310000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-320000" xlink:label="ias_1_role-320000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-320000">[320000] Prospetto di conto economico complessivo, utile (perdita) d'esercizio, per natura dei costi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-320000" xlink:to="label_ias_1_role-320000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-410000" xlink:label="ias_1_role-410000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-410000">[410000] Prospetto di conto economico complessivo, altre componenti del conto economico complessivo presentate al netto delle imposte</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-410000" xlink:to="label_ias_1_role-410000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-420000" xlink:label="ias_1_role-420000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-420000">[420000] Prospetto di conto economico complessivo, altre componenti del conto economico complessivo presentate al lordo delle imposte</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-420000" xlink:to="label_ias_1_role-420000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-610000" xlink:label="ias_1_role-610000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-610000">[610000] Prospetto delle variazioni di patrimonio netto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-610000" xlink:to="label_ias_1_role-610000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-800100" xlink:label="ias_1_role-800100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-800100">[800100] Sotto-classificazioni di attività, passività e patrimonio netto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-800100" xlink:to="label_ias_1_role-800100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-800200" xlink:label="ias_1_role-800200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-800200">[800200] Analisi dei ricavi e dei costi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-800200" xlink:to="label_ias_1_role-800200"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-800400" xlink:label="ias_1_role-800400"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-800400">[800400] Prospetto delle variazioni di patrimonio netto, informazioni integrative aggiuntive</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-800400" xlink:to="label_ias_1_role-800400"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-800500" xlink:label="ias_1_role-800500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-800500">[800500] Elenco delle note</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-800500" xlink:to="label_ias_1_role-800500"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-800600" xlink:label="ias_1_role-800600"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-800600">[800600] Elenco dei Principi contabili</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-800600" xlink:to="label_ias_1_role-800600"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-810000" xlink:label="ias_1_role-810000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-810000">[810000] Note - Informativa societaria e attestazione di conformità agli IFRS</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-810000" xlink:to="label_ias_1_role-810000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-861000" xlink:label="ias_1_role-861000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-861000">[861000] Note - Analisi delle altre componenti del conto economico complessivo per voce</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-861000" xlink:to="label_ias_1_role-861000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-861200" xlink:label="ias_1_role-861200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-861200">[861200] Note - Capitale sociale, riserve e altre interessenze</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-861200" xlink:to="label_ias_1_role-861200"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_1_role-880000" xlink:label="ias_1_role-880000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_1_role-880000">[880000] Note - Informazioni aggiuntive</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_1_role-880000" xlink:to="label_ias_1_role-880000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_10_role-815000" xlink:label="ias_10_role-815000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_10_role-815000">[815000] Note - Fatti intervenuti dopo la data di chiusura dell'esercizio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_10_role-815000" xlink:to="label_ias_10_role-815000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_11_role-831710" xlink:label="ias_11_role-831710"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_11_role-831710">[831710] Note - Lavori su ordinazione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_11_role-831710" xlink:to="label_ias_11_role-831710"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_12_role-835110" xlink:label="ias_12_role-835110"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_12_role-835110">[835110] Note - Imposte sul reddito</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_12_role-835110" xlink:to="label_ias_12_role-835110"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_16_role-822100" xlink:label="ias_16_role-822100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_16_role-822100">[822100] Note - Immobili, impianti e macchinari</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_16_role-822100" xlink:to="label_ias_16_role-822100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_17_role-832600" xlink:label="ias_17_role-832600"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_17_role-832600">[832600] Note - Leasing</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_17_role-832600" xlink:to="label_ias_17_role-832600"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_18_role-831110" xlink:label="ias_18_role-831110"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_18_role-831110">[831110] Note - Ricavi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_18_role-831110" xlink:to="label_ias_18_role-831110"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_19_role-834480" xlink:label="ias_19_role-834480"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_19_role-834480">[834480] Note - Benefici per i dipendenti</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480" xlink:to="label_ias_19_role-834480"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_2_role-826380" xlink:label="ias_2_role-826380"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_2_role-826380">[826380] Note - Rimanenze</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_2_role-826380" xlink:to="label_ias_2_role-826380"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_20_role-831400" xlink:label="ias_20_role-831400"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_20_role-831400">[831400] Note - Contributi pubblici</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_20_role-831400" xlink:to="label_ias_20_role-831400"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_21_role-842000" xlink:label="ias_21_role-842000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_21_role-842000">[842000] Note - Effetti delle variazioni dei cambi delle valute estere</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_21_role-842000" xlink:to="label_ias_21_role-842000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_23_role-836200" xlink:label="ias_23_role-836200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_23_role-836200">[836200] Note - Oneri finanziari</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_23_role-836200" xlink:to="label_ias_23_role-836200"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_24_role-818000" xlink:label="ias_24_role-818000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_24_role-818000">[818000] Note - Parte correlata</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_24_role-818000" xlink:to="label_ias_24_role-818000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_26_role-710000" xlink:label="ias_26_role-710000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_26_role-710000">[710000] Prospetto delle variazioni dell'attivo netto disponibile per i benefici da erogare</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_26_role-710000" xlink:to="label_ias_26_role-710000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_27_role-825480" xlink:label="ias_27_role-825480"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_27_role-825480">[825480] Note - Bilancio separato</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_27_role-825480" xlink:to="label_ias_27_role-825480"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_29_role-816000" xlink:label="ias_29_role-816000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_29_role-816000">[816000] Note - Rendicontazione in economie iperinflazionate</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_29_role-816000" xlink:to="label_ias_29_role-816000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_33_role-838000" xlink:label="ias_33_role-838000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_33_role-838000">[838000] Note - Utili per azione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_33_role-838000" xlink:to="label_ias_33_role-838000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_34_role-813000" xlink:label="ias_34_role-813000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_34_role-813000">[813000] Note - Bilancio intermedio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_34_role-813000" xlink:to="label_ias_34_role-813000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_36_role-832410" xlink:label="ias_36_role-832410"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_36_role-832410">[832410] Note - Riduzione di valore delle attività</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410" xlink:to="label_ias_36_role-832410"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_37_role-827570" xlink:label="ias_37_role-827570"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_37_role-827570">[827570] Note - Altri accantonamenti, passività e attività potenziali</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_37_role-827570" xlink:to="label_ias_37_role-827570"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_38_role-823180" xlink:label="ias_38_role-823180"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_38_role-823180">[823180] Note - Attività immateriali</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_38_role-823180" xlink:to="label_ias_38_role-823180"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_40_role-825100" xlink:label="ias_40_role-825100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_40_role-825100">[825100] Note - Investimenti immobiliari</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_40_role-825100" xlink:to="label_ias_40_role-825100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_41_role-824180" xlink:label="ias_41_role-824180"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_41_role-824180">[824180] Note - Agricoltura</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_41_role-824180" xlink:to="label_ias_41_role-824180"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_7_role-510000" xlink:label="ias_7_role-510000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_7_role-510000">[510000] Rendiconto finanziario, metodo diretto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-510000" xlink:to="label_ias_7_role-510000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_7_role-520000" xlink:label="ias_7_role-520000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_7_role-520000">[520000] Rendiconto finanziario, metodo indiretto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-520000" xlink:to="label_ias_7_role-520000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_7_role-800300" xlink:label="ias_7_role-800300"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_7_role-800300">[800300] Rendiconto finanziario, informazioni integrative aggiuntive</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-800300" xlink:to="label_ias_7_role-800300"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_7_role-851100" xlink:label="ias_7_role-851100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_7_role-851100">[851100] Note - Rendiconto finanziario</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-851100" xlink:to="label_ias_7_role-851100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ias_8_role-811000" xlink:label="ias_8_role-811000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ias_8_role-811000">[811000] Note - Principi contabili, cambiamenti nelle stime contabili ed errori</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_8_role-811000" xlink:to="label_ias_8_role-811000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifric_2_role-868500" xlink:label="ifric_2_role-868500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifric_2_role-868500">[868500] Note - Azioni dei soci in entità cooperative e strumenti simili</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifric_2_role-868500" xlink:to="label_ifric_2_role-868500"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifric_5_role-868200" xlink:label="ifric_5_role-868200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifric_5_role-868200">[868200] Note - Diritti derivanti da interessenze in fondi per smantellamenti, ripristini e bonifiche ambientali</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifric_5_role-868200" xlink:to="label_ifric_5_role-868200"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_1_role-819100" xlink:label="ifrs_1_role-819100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_1_role-819100">[819100] Note - Prima adozione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_1_role-819100" xlink:to="label_ifrs_1_role-819100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_12_role-825700" xlink:label="ifrs_12_role-825700"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_12_role-825700">[825700] Note - Partecipazioni in altre entità</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700" xlink:to="label_ifrs_12_role-825700"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_13_role-823000" xlink:label="ifrs_13_role-823000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_13_role-823000">[823000] Note - Valutazione del fair value (valore equo)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000" xlink:to="label_ifrs_13_role-823000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_14_role-824500" xlink:label="ifrs_14_role-824500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_14_role-824500">[824500] Note - Regulatory deferral account</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_14_role-824500" xlink:to="label_ifrs_14_role-824500"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_15_role-831150" xlink:label="ifrs_15_role-831150"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_15_role-831150">[831150] Note - Ricavi provenienti da contratti con i clienti</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_15_role-831150" xlink:to="label_ifrs_15_role-831150"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_16_role-832610" xlink:label="ifrs_16_role-832610"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_16_role-832610">[832610] Note - Leasing (IFRS 16)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_16_role-832610" xlink:to="label_ifrs_16_role-832610"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_2_role-834120" xlink:label="ifrs_2_role-834120"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_2_role-834120">[834120] Note - Descrizione degli accordi di pagamento basato su azioni</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_2_role-834120" xlink:to="label_ifrs_2_role-834120"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_3_role-817000" xlink:label="ifrs_3_role-817000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_3_role-817000">[817000] Note - Aggregazioni aziendali</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000" xlink:to="label_ifrs_3_role-817000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_4_role-836500" xlink:label="ifrs_4_role-836500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_4_role-836500">[836500] Note - Contratti assicurativi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_4_role-836500" xlink:to="label_ifrs_4_role-836500"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_5_role-825900" xlink:label="ifrs_5_role-825900"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_5_role-825900">[825900] Note - Attività non correnti possedute per la vendita e attività operative cessate</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_5_role-825900" xlink:to="label_ifrs_5_role-825900"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_6_role-822200" xlink:label="ifrs_6_role-822200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_6_role-822200">[822200] Note - Esplorazione e valutazione delle risorse minerarie</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_6_role-822200" xlink:to="label_ifrs_6_role-822200"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_7_role-822390" xlink:label="ifrs_7_role-822390"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_7_role-822390">[822390] Note - Strumenti finanziari</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390" xlink:to="label_ifrs_7_role-822390"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs_8_role-871100" xlink:label="ifrs_8_role-871100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs_8_role-871100">[871100] Note - Settori operativi</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100" xlink:to="label_ifrs_8_role-871100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-901000" xlink:label="ifrs-dim_role-901000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-901000">[901000] Asse - Applicazione retroattiva e determinazione retroattiva dei valori</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901000" xlink:to="label_ifrs-dim_role-901000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-901100" xlink:label="ifrs-dim_role-901100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-901100">[901100] Asse - Deroga alle disposizioni dell'IFRS</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901100" xlink:to="label_ifrs-dim_role-901100"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-901500" xlink:label="ifrs-dim_role-901500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-901500">[901500] Asse - Data di creazione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901500" xlink:to="label_ifrs-dim_role-901500"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-903000" xlink:label="ifrs-dim_role-903000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-903000">[903000] Asse - Attività operative in esercizio e cessate</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-903000" xlink:to="label_ifrs-dim_role-903000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-904000" xlink:label="ifrs-dim_role-904000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-904000">[904000] Asse - Attività e passività classificate come possedute per la vendita</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-904000" xlink:to="label_ifrs-dim_role-904000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#ifrs-dim_role-913000" xlink:label="ifrs-dim_role-913000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_ifrs-dim_role-913000">[913000] Asse - Bilancio consolidato e separato</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-913000" xlink:to="label_ifrs-dim_role-913000"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#sic_27_role-832800" xlink:label="sic_27_role-832800"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_sic_27_role-832800">[832800] Note - Operazioni nella forma legale del leasing</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="sic_27_role-832800" xlink:to="label_sic_27_role-832800"/>
    <link:loc xlink:type="locator" xlink:href="esef_all.xsd#sic_29_role-832900" xlink:label="sic_29_role-832900"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="it" xlink:label="label_sic_29_role-832900">[832900] Note - Accordi per servizi in concessione</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="sic_29_role-832900" xlink:to="label_sic_29_role-832900"/>
  </gen:link>
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