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| Company type | Società per azioni |
|---|---|
| BIT: MT | |
| Industry | Engineering and contracting |
| Headquarters | Rome
|
Key people | |
| Revenue | €4.3 billion (2023 [3] ) |
| €129.5 million (2023 [4] ) | |
Number of employees | 8,000 (2023 [5] ) |
| Subsidiaries |
|
| Website | mairetecnimont |
MAIRE (Maire Tecnimont S.p.A.) is a company listed on the Milan Stock Exchange.
Fiat Engineering S.p.A. was set up in the 1930s under the name "Servizio Costruzioni e Impianti Fiat S.A.", [7] [8] as part of the Fiat Group, for the design and construction of equipment for the manufacture of cars. Subsequently, it specialised in the production of cogeneration and combined cycle plants both in Italy and abroad, with a particular focus on the Middle East and Latin America.
In 1972 this branch of the business ("Servizio Costruzioni e Impianti Fiat S.A.") was made into a separate company and incorporated into a new company, "Fiat Engineering S.p.A.". [9] It later extended its scope of operation in the transport infrastructure sector to include the design of high-speed railway lines and innovative underground railway systems.
Tecnimont S.p.A. was set up by Montedison in 1973 to combine the specialist skills of the Engineering and Development departments of Montecatini and Edison. Montecatini brought the legacy of Giulio Natta (winner of the Nobel Prize for Chemistry in 1963) [10] and its specialism in the production of polyolefin plants, [11] while Edison had been active in energy production since the 19th century.
In 2004 Maire Holding acquired Fiat Engineering (later Maire Engineering). [12] Maire Tecnimont was formed in 2005 by Maire Holding's acquisition of Tecnimont. [13] On 27 November 2007, Maire Tecnimont commenced trading on the Milan Stock Exchange by IPO. [14] On 25 March 2008, the company was admitted to the blue chip market of the Italian stock exchange. On 2 August 2010, the company signed a lease contract for two Garibaldi Towers in Milan. [15] [16] Both towers have been renovated.
In 2008 the Group finalised the acquisition of the entire share capital of it:Tecnimont ICB Pvt. Ltd. (TICB), a leading Indian engineering services company which was set up by the Kapadia family in 1958. [17] Tecnimont had already acquired a 25% stake in the company in 1996, before acquiring another 25% stake, taking it to 50% ownership in 2000. This acquisition opened up new scope for growth in the Asian market, consolidating the group's already well-established presence in the Country. The Group has had a presence in India since the 1930s through Tecnimont. Over the last 50 years, it has set up over 20 fertiliser plants and 40 process units.
Also in 2008 the Group acquired Noy Engineering, to expand its technological portfolio. [18] The company is specialized in the design and supply of plants for the production of PET polyester and resin, nylon and acrylic fibres. Active in the chemicals and textiles sectors since 1980, Noy has diversified its expertise around the world and invested in new areas of production.
In 2009 Maire Tecnimont's acquisition of Stamicarbon allowed it to combine its traditional EPC activities with technology licensing services. The Dutch company was set up in the 1940s as the licensing company of DSM (Dutch State Mines), selling licenses for coal washing plants. [19] It entered the chemicals sector in the 1950s, offering licensing services for urea processes. This became Stamicarbon's main focus area, particularly towards the end of the 1980s, when DSM decided to close its Mining Technology Department. Over the years, Stamicarbon established itself and consolidated a position of global leadership in technology design and innovation in the field of urea production. [20] Thanks to the acquisition of Stamicarbon, Maire Tecnimont was one of the finalists in the "Best foreign acquisition by an Italian company" category at KPMG's 2010 M&A Awards.
Also in 2009 the Group entered the renewable energy industry with the creation of a new company, Met NewEn, which operates in the biomass and concentrated solar power sector. [21] [22]
In 2010 Maire Tecnimont acquired Technip KTI SpA (TKTI) through the acquisition of a parent company: Sofipart Srl. [23] Technip KTI, later renamed KT, was set up 40 years ago as a contractor working on the design and production of industrial furnaces, operating under the name Selas Italia. Since then, it became the world's leading company in the design and construction of hydrogen, ammonia, methanol, ethylene and sulphur plants. In 1974, Selas Italia changed its name to KTI (Kinetics Technology International) and was acquired by the German company Mannesmann Anlagenbau in 1988. [24] In 1999 it became part of Technip Italy. Thanks to the acquisition of KT, Maire Tecnimont won the "Best acquisition in Italy" award at KPMG's 2011 M&A Awards. [25]
In the first half of 2011 Maire Tecnimont created a new company named Tecnimont Civil Construction (TCC) with the aim of developing its business activities in the infrastructure sector. The objective is to synergistically boost the Group's expertise in the infrastructure and civil engineering sectors and to improve performance and profitability. [26]
In 2016 Maire Tecnimont launched a new phase to bring about the digital transformation of its production processes [27] and to open up to new business areas, such as renewable energy and green chemistry. [28]
Based on this new business direction, in November 2018 Maire Tecnimont set up NextChem, a new company of the Group which would oversee green chemistry projects and projects focusing on energy transition. Among these, the construction of plants for the mechanical recycling of plastic, such as the one in Bedizzole (Brescia). [29] [30]
In July 2019 Stamicarbon – a Maire Tecnimont Group company – acquired the Dutch IT company Protomation to continue its process of business digitalisation. [31]
In 2019 the company's activity was 95% in Hydrocarbons and 3% in Green Energy. [32]
The business activities are geographically located: [33]
E.ON SE is a German multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word aeon, derived from the Greek αἰών aion, which means age or "infinity", with the period being added to create secondary meanings of "energy" (E) and "illumination" (ON). The company is a component of the Euro Stoxx 50 stock market index, DAX stock index and a member of the Dow Jones Global Titans 50 index.
Air Liquide S.A. is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, after Linde it is the second largest supplier of industrial gases by revenues and has operations in over 80 countries. It has headquarters at the 7th arrondissement of Paris. Air Liquide owned the patent for Aqua-Lung until it expired.
Avio S.p.A. is an Italian company operating in the aerospace sector with its head office in Colleferro near Rome, Italy. Founded in 1908, it is present in Italy and abroad with different commercial offices and 10 production sites. Avio operates in:
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel, which originally stood for Ente nazionale per l'energia elettrica, was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 1 April 2016.
Nexans S.A. is a global company in the cable and optical fibre industry headquartered in Paris, France.
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris. It has about 38,000 employees and operates in 48 countries.
Stone & Webster was an American engineering services company based in Stoughton, Massachusetts. It was founded as an electrical testing lab and consulting firm by electrical engineers Charles A. Stone and Edwin S. Webster in 1889. In the early 20th century, Stone & Webster was known for operating streetcar systems in many cities across the United States including Dallas, Houston and Seattle. The company grew to provide engineering, construction, environmental, and plant operation and maintenance services, and it has long been involved in power generation projects, starting with hydroelectric plants of the late 19th-century; and with most American nuclear power plants.
Drax Group plc, trading as Drax, is a power generation business. The principal downstream enterprises are based in the UK and include Drax Power Limited, which runs the biomass fuelled Drax power station, near Selby in North Yorkshire. The Group also runs an international biomass supply chain business. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Edison S.p.A. is an Italian electric utility company headquartered in Milan. The company was established in 1884 and acquired by Electricité de France in 2012. Edison employs more than 5,000 people in Europe, North Africa, and the Middle East. The chairman of the board is Luc Rémont and the chief executive officer is Nicola Monti.
Webuild SpA is an Italian industrial group specialising in construction and civil engineering. The company was formally founded in 2014 as the result of the merger by incorporation of Salini into Impregilo. Webuild is the largest Italian engineering and general contractor group and a global player in the construction sector.
RCS MediaGroup S.p.A., based in Milan and listed on the Italian Stock Exchange, is an international multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital and satellite TV. It is also one of the leading operators in the advertisement sales & distribution markets.
Erg S.p.A., acronym for Edoardo Raffinerie Garrone, is an Italian energy company, founded in 1938, and based in Genoa, Italy.
Exor N.V. is the listed holding company of the Italian Agnelli family.
Comau is an Italian multinational company in the automation field based in Turin, Italy. It is a part of the automaker Stellantis. The company is present in 13 countries and employs 4,000 people.
Enel Green Power S.p.A. is an Italian multinational renewable energy corporation, headquartered in Rome. The company was formed as a subsidiary of the power generation firm Enel in December 2008. It has operations in five continents generating energy from solar, geothermal, wind and hydropower sources. As of 2022, it manages a capacity of 60,9 GW and has over 1200 plants worldwide.
Giorgio Garuzzo, born in 1938 in Paesana, a small village in the Piedmont Alps near Cuneo, is an Italian electronics engineer, manager and industrialist, who took a central part in some of the most important developments in Italian industry in the past 50 years.
Fondi Italiani per le Infrastrutture SGR S.p.A. or, in short form, F2i SGR S.p.A., is Italy's largest independent infrastructure fund manager, with assets under management of approximately €7 billion. It currently manages five funds and one infrastructure Debt Fund.
CNH Industrial N.V. is an European multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor, which in turn is controlled by the Agnelli family. The company is listed on the New York Stock Exchange. The company is incorporated in the Netherlands. The seat of the company is in Amsterdam, Netherlands, with a principal office in London, England.
Ariston Holding NV is an Italian corporation that produces heating systems and related products, marketed mainly under the Ariston, Chaffoteaux, Elco, Racold, Régent, Atag, NTI, HTP, Cuenod, Ecoflam and Thermowatt brands.
Acea Spa is a multiutility operative in the management and development of networks and services in the water, energy and environmental sectors. Originally the city of Rome's provider, the Acea group is the main national operator in the water sector with a catchment area of about 10 million people, and manages integrated water services—aqueduct, sewerage and purification—that span the territories of Rome and Frosinone, as well as their respective provinces. Acea is also present in the regions of Lazio, Tuscany, Umbria, Molise and Campania, is listed on the Borsa Italiana and is part of the FTSE Italia Mid Cap index.
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