History
Rizzani was established in Udine, Italy in 1831. [1] Over the following century, Rizzani developed its presence in Italy and ventured in several countries in Africa, Asia and Latin America. [2]
In 1948 Riccardo de Eccher established the company bearing his name in the northern Italian region of Trentino Alto Adige engaging in real estate development. [3]
In 1970 Riccardo de Eccher takes over Rizzani. Ten years later, the construction of two segments of the Carnia-Tarvisio motorway marked the acquisition of technologies for prefabrication and the launching of overhead bridges. These technologies will be constantly developed over the successive years and finally consolidated into Deal S.r.l., a group affiliate specialized in advanced bridge construction technologies. In 1982 the first important overseas project of Rizzani De Eccher was acquired – five schools in Algeria. In 1984 five landmark projects were acquired in what was then the Soviet Union, becoming the first registered Western contractor in the Soviet Union, and marking the beginning of a successful expansion in Russia. The following years were marked by a swift growth. The Group's consolidated revenues grew from 37 billion lira in 1986 to 228 billion lira in 1990. In 1994 the difficult conditions of the infrastructure and construction Italian market, generally related to mani pulite, the Company decided to focus towards overseas markets. In 2004 Rizzani de Eccher first appeared in the top ten Italian contractors and in the world's 100 largest contractors rankings compiled by Engineering News-Record. By 2005, through its established presence in many countries (Russia and other CIS countries through its Codest subsidiary, Middle East, Mediterranean Basin and North and Central America), the share of overseas revenues tops 70%. It operates in four areas of activity: general building, infrastructure development, equipment manufacturing and specialised engineering for bridges and viaducts and real estate development. Thanks to its consolidated position in several countries (such as the Middle East, East Asia, North and Central America as well as Africa), the Group's share of turnover from overseas operations has always been above 70% since 2005.
The Group operates in the construction sector in three distinct areas:
- General contracting of buildings and infrastructure
- Design, engineering and special equipment and technologies for bridge construction
- Real estate development.
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€ 510 million (2021)