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FACTS & FIGURES - Tecnimont ICB

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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

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