Astaldi

Astaldi S.p.A. is an Italian multinational major construction company based in Rome. The group is active in the fields of civil engineering, hydraulic engineering, Electromechanical Engineering and transportation.

Astaldi S.p.A.
TypeSocietà per Azioni
BIT: AST
IndustryConstruction
Founded1929
Headquarters
Rome
,
Italy
Key people
Paolo Astaldi, (Chairman)
Filippo Stinellis, (CEO)
Servicesconstruction of railroads, streets and motorways, bridges, subways, airports, tunnels and hydraulic and hydroelectric power stations.
Revenue€3.0 billion (2016)[1]
€379.8 million (2016)[1]
€97.4 million (2016)[1]
Number of employees
11,500 (As of 2016)
ParentWebuild (65%)
Websitewww.astaldi.com
Corporate headquarters in Rome

Significant subsidiaries include: Astaldi Concessioni, NBI, Astaldi Construction Corp, NBI, TEQ Construction Enterprise.

History

The company was founded in 1929 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 railway. After the war, the company extended its activities to Africa, where it focused on road construction. Between the 1950s and the 1970s, Astaldi's presence was introduced to the Middle East, Central and South America, and the Far East. The company split into Impresa Astaldi Estero S.p.A. (for foreign markets) and Impresa Astaldi Estero S.p.A. (for Italian projects) in 1950 but merged to form the present-day Astaldi S.p.A. in the 1980s. Astaldi continued to diversify its projects, entering new markets in the United States, Turkey and Indonesia throughout the 1980s and 1990s.[2]

The Canadian portion of the company attempted to build a power station at Muskrat Falls in Labrador, Canada in 2016 without having a structural engineering permit to work on such a project. The company was deemed "professionally incompetent".[3] In November 2020, Webuild acquired a 65% shareholding in Astaldi.[4]

Major projects

Significant projects include:

Italy

Romania

Turkey

Abroad

References
  1. "Astaldi Group Annual Financial Report 2016" (PDF). Astaldi. 24 May 2017. Retrieved 19 July 2017.
  2. "Astaldi". Infra PPP World. Retrieved 19 July 2017.
  3. "Astaldi issued maximum fine, found guilty of 'professional incompetence' for Muskrat Falls collapse". CBC. 4 June 2020. Retrieved 7 June 2020.
  4. Webuild Completes Acquisition Of Astaldi Tunnelling Journal 6 November 2020
  5. "Tagetik – Astaldi" (PDF). Archived (PDF) from the original on 27 September 2007. Retrieved 6 September 2007.
  6. "Astaldi Water Projects" (PDF). Archived from the original on 9 October 2007. Retrieved 25 November 2007.
  7. "Astaldi Water Projects" (PDF). Archived from the original on 9 October 2007. Retrieved 25 November 2007.
  8. "Astaldi History" (PDF). Archived from the original on 7 November 2007. Retrieved 25 November 2007.
  9. Astaldi estimates business stagnation in Romania in 2009 Doing Business, 15 April 2009
  10. FCC and Astaldi executed the work on the Basarab Overpass in Bucharest Archived 31 March 2012 at the Wayback Machine Grupo IKC, 13 June 2006
  11. "Bolu Tüneli 14 yıl sonra açıldı". NTV MSNBC (in Turkish). 24 January 2007. Retrieved 13 February 2011.
  12. "Haliç Metro Crossing Bridge". halicmetrokoprusu.com. Archived from the original on 26 January 2014. Retrieved 4 February 2014.
  13. "3rd Bosphorus bridge opening ceremony". TRT World. 25 August 2016. Archived from the original on 28 August 2016.
  14. "Istanbul's mega project Yavuz Sultan Selim Bridge to open in large ceremony". The Daily Sabah. 25 August 2016. Archived from the original on 28 February 2020. Retrieved 29 August 2016.
  15. "Bu otoyolla İzmir-İstanbul 3.5 saate iniyor". Radikal (in Turkish). 20 June 2009. Retrieved 31 March 2015.
  16. "Structurae: Large Electron Positron Collider (LEP) (1989)". Retrieved 6 September 2007.
  17. "Copenhagen's First Metro Line Takes Shape" (PDF). Archived from the original on 5 December 2007. Retrieved 25 November 2007.
  18. "Bulgaria Signs EUR 198,1 M Railway Infrastructure Deals". Archived from the original on 7 September 2007. Retrieved 6 September 2007.
  19. "Astaldi-Led Group Places Lowest Warsaw Metro Bid". Bloomberg. 16 February 2009. Retrieved 30 April 2009.
  20. "Aeroports de Paris, VINCI Airports and Astaldi presented the best offer for the Santiago de Chile International Airport concession". Global News Wire. 4 February 2015. Retrieved 23 November 2015.
  21. "Expressway 2". General Directorate for National Roads and Motorways. Retrieved 3 December 2021.
  22. "Deal sealed, work on Versova sea link to start next month". Times of India. 5 September 2018. Retrieved 8 February 2019.
  23. "EESO Signs Largest Ever Ground-based Astronomy Contract for E-ELT Dome and Telescope Structure". Retrieved 28 May 2016.
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