Girish Mahajan (Editor)

Maire Tecnimont

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Type
  
Joint stock company

Website
  
www.mairetecnimont.it

Number of employees
  
4,538

Parent organization
  
GLV Capital S.p.A

Profit
  
€ 110.7 million (2009)

Headquarters
  
Italy

Founded
  
2005

Maire Tecnimont https4bpblogspotcomjjEqH92VfzAVQquwVZT2I

Industry
  
Engineering and contracting

Key people
  
Fabrizio Di Amato, Chairman,CEO

Stock price
  
MT (BIT) € 3.22 +0.08 (+2.61%)17 Mar, 5:29 PM GMT+1 - Disclaimer

Subsidiaries
  
Stamicarbon, Fiat Engineering, Alitalica

Profiles

LinkedIn

About maire tecnimont group


Maire Tecnimont SpA is the parent company of the Italian group Maire Tecnimont, which consists of at least 50 operating companies in the engineering and main contracting sector. It deals in oil and gas, chemicals and petrochemicals, energy, infrastructure and civil engineering. It is also active in the renewable energy sector, in the provision of project management, engineering, procurement and construction. Maire Tecnimont manages large turnkey engineering, procurement and construction (EPC) projects in different geographical areas. It operates in over 30 countries in four continents. In November 2007 it was listed on the Milan Stock Exchange.

Contents

Maire tecnimont group corporate video


History

In 2004, Maire Holding acquired the Maire Engineering Company, (former Fiat Engineering). Maire Tecnimont was formed in 2005 by Maire Holding's acquisition of Tecnimont. On 27 November 2007, Maire Tecnimont commenced trading on the Milan Stock Exchange by IPO. 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 Towerss in Milan. Both towers has been renovated.

2009 activities

In 2009, the company's activity was 48% in chemicals and petrochemicals, 32% in energy, 12% in civil engineering and 8% in oil and gas.

The business activities are geographically located:

  • 50% in the Middle East,
  • 16% in the Americas (North, Central and South)
  • 12% in Italy,
  • 8% in other European Union countries,
  • 5% in other European countries,
  • 9% elsewhere.

    • The chairman and chief executive officer of Maire Tecnimont is Fabrizio Di Amato.

    Group structure

    The Maire Tecnimont Group has five distinct areas:

  • Tecnimont: engineering company and main contractor in chemicals, petrochemicals, oil and gas, energy, infrastructure and civil engineering
  • Tecnimont KT: process engineering contractor
  • Stamicarbon: services company acquired from DSM in October 2009, specializing in licensing and intellectual property
  • Met Newen: renewable energy (founded in May 2009)
  • Met Development: corporate services

    • Shareholders

  • Fabrizio Di Amato - 63.170%, through Maire Gestioni S.p.A.
  • GL Investimenti S.r.l. - 2.171%
  • GLG Partners LP - 2.227%
  • Oppenheimer Funds Inc. - 3.011%
  • Norges Bank - 2.03%
  • Other retail and institutional investors - 27.385%

    • Subsidiaries

  • Sofregaz (France), the company was sold in 2014
  • Met Development (Italy)
  • TPI - Tecnimont Planung und Industrieanlagenbau Gmbh (Germany)
  • TWS SA (Switzerland)
  • Empresa Madrilena de Ingegneria y Costruccion (Spain)
  • Tecnimont Poland (Poland)
  • Tecnimont Arabia Ltd (Saudi Arabia)
  • Tecnimont do Brasil Ltda (Brasil)
  • Tecnimont Russia (Russia)
  • Tecnimont Pvt Ltd (India)
  • Maire Engineering France
  • Sep FOS (50%) (France)
  • On 5 March 2010, Maire Tecnimont acquired Sofipart Srl, which owns 76.1% of KTI Management and 75% of Technip KTI SpA, a company specializing in oil and gas engineering in Rome.
  • Stamicarbon (Netherlands)

    • References

    Maire Tecnimont Wikipedia
    (Text) CC BY-SA


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