Astaldi

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Astaldi
Type Public
Founded 1926
Headquarters Rome, Italy Flag of Italy
Key people Stefano Cerri, CEO and Vittoria Di Paola, chairman
Industry construction
Products construction of railroads, streets and motorways, bridges, subways, airports, tunnels and hydraulic and hydroelectric power stations.
Revenue 19.3 Billion ($26.34 Billion) for first half of 2007[1]
Employees 4,709 (As of 2007)
Website www.astaldi.it

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

Contents

[edit] 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]

[edit] Major projects

Significant projects include:

[edit] In Italy

[edit] Abroad

Astaldi is also building an upgrade for a key stretch of Bulgarian infrastructure expected to be completed in 2010 [9]

[edit] References