Astaldi

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Astaldi
Public
Traded as BITAST
Industry construction
Founded 1926
Headquarters Rome, Italy
Key people
Paolo Astaldi, (Chairman)
Stefano Cerri, (CEO)
Products construction of railroads, streets and motorways, bridges, subways, airports, tunnels and hydraulic and hydroelectric power stations.
Revenue 2.263 billion (2011)[1]
2.263 billion (2011)[1]
72.7 million (2011)[1]
Number of employees
11,000 (As of 2016)
Website www.astaldi.it

Astaldi SpA is an Italian multinational major construction company based in Rome, Italy. The group is active in the fields of civil engineering, hydraulic engineering, electromechanical engineering, environmental engineering, and transportation and infrastructure.

History

The company was founded in 1926 by Sante Astaldi, and a member of the Astaldi family remains on the company's board. Astaldi was involved in many major European civil works projects pre-World War II, including the Rome-Naples railroad. After the war, the company extended its activities to Africa, where it focused on road construction. Between the 1950s and the 70s, Astaldi's presence was introduced to the Middle East, Central and South America, and the Far East.

The company split into Impresa Astaldi Estero SpA (for foreign markets) and Impresa Astaldi Estero SpA (for Italian projects) in 1950, but merged to form the present-day Astaldi SpA in the 1980s.

Astaldi continued to diversify its projects, entering new markets in the United States, Turkey and Indonesia throughout the 80s and 90s. Today it is a successful company, with an annual revenue exceeding US$57 Billion.[2]

Major projects

Significant projects include:

In Italy

Romania

Turkey

Abroad

References

  1. 1.0 1.1 1.2 Fourth Quarter Report 2011
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  7. Astaldi estimates business stagnation in Romania in 2009 Doing Business, 15 April 2009
  8. FCC and Astaldi executed the work on the Basarab Overpass in Bucharest Grupo IKC, 13 June 2006
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