FACTS & FIGURES - Tecnimont ICB

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HISTORY AND PROFILE
Maire Tecnimont is a leading Engineering and Construction Group
operating worldwide in the Chemicals and Petrochemicals, Oil & Gas,
Power, Infrastructure and Civil Engineering sectors. The Group’s
reputation and success have been achieved because of its strong
technology orientation and advanced skills in Project Management,
Engineering, Procurement and Construction (EPC) services for the
implementation of complex projects worldwide. It has developed and
demonstrated major expertise in managing large EPC projects on a
turnkey basis in different countries and regions. The Group combines
high quality and planning standards with a focus on multicultural and
environmental issues. Present in four continents and 24 countries, the
Group has 37 operating subsidiaries and approximately 4,300
employees, more than half of whom are outside Italy.
Maire Tecnimont’s roots lie in two important Italian engineering
groups: Fiat Engineering (later to become Maire Engineering),
acquired in February 2004, and Tecnimont, acquired in October 2005.
The origins of Fiat Engineering date back to the 1930s, when the
construction and plant division of the Fiat group began designing
and developing automobile plants. During the twentieth century,
Fiat’s engineering department supported the expansion of its
parent group by developing plants and sales offices in Italy and
abroad. In this period, it evolved excellent skills in cogeneration
and combined cycle plants in Italy and abroad, notably the Middle
East and Latin America. It also developed specialist expertise in
infrastructure, such as the design of high-speed railway lines
(Turin-Milan and Florence-Bologna) and innovative underground
railway systems. The acquisition of Fiat Engineering by the Maire
Group was finalized in February 2004 by the formation of Maire
Engineering. Founded in Rome at the beginning of the 1980s, the
Maire Group was originally active in civil and industrial
engineering and maintenance, and progressively expanded into
infrastructure and major civil projects. Following the acquisition
of Fiat Engineering, it became one of the main national players in
general contracting.
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