FACTS & FIGURES - Tecnimont ICB
FACTS & FIGURES - Tecnimont ICB
FACTS & FIGURES - Tecnimont ICB
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
10<br />
INFRASTRUCTURE &<br />
CIVIL ENGINEERING<br />
Infrastructural investment in Italy, where the Group’s activities are<br />
concentrated, remained at the same low level as in past years in 2008,<br />
held back by public financing constraints as well the legislative and<br />
administrative complexity that characterizes large-scale public works.<br />
Demand for engineering and construction services in the transport<br />
sector (for high-speed trains, above-ground and underground<br />
railways) showed little change, although several initiatives by Italferr,<br />
the engineering subsidiary of Italian Railways, and Anas, the national<br />
highways authority, have been announced, and will be developed<br />
during 2009.<br />
Substantial growth in infrastructural investment is expected from<br />
2009 onwards, due to the programmes under way in many countries,<br />
including Italy, to stimulate the world economy.<br />
Maire <strong>Tecnimont</strong> is focusing its new marketing efforts on those areas<br />
of the world in which it is well-placed to win new business, notably<br />
Eastern Europe, North Africa and South America. The Group already<br />
has an established reputation in these areas because of the work<br />
successfully carried out by its other business units. It also has<br />
subsidiaries or representative offices in many of the countries.<br />
60 61