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Last €3.74 EUR
Change Today +0.024 / 0.65%
Volume 0.0
IPJ1 On Other Exchanges
As of 12:42 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

salini impregilo spa (IPJ1) Snapshot

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07/23/15 - €4.55
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salini impregilo spa (IPJ1) Details

Salini Impregilo S.p.A. operates as a construction company worldwide. The company constructs dams and hydroelectric plants, hydraulic works, railways and metro systems, airports and motorways, and civil and industrial buildings, as well as underground tunnels and works, bridges and viaducts, and road works. The company was formerly known as Impregilo S.p.A. and changed its name to Salini Impregilo S.p.A. in January 2014. The company is based in Milan, Italy. Salini Impregilo S.p.A. is a subsidiary of Salini Costruttori S.p.A.

34,137 Employees
Last Reported Date: 04/10/15

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salini impregilo spa (IPJ1) Key Developments

Salini Impregilo SpA Wins EPC Contract for Nenskra Hydroelectric Project in Georgia

Salini Impregilo SpA has won an engineering, procurement and construction, or EPC, contract worth $575 million for the design and construction of the Nenskra hydroelectric project in the mountainous region of Svaneti, Georgia. The work, commissioned by the JSC Nenskra Hydro consortium (composed of the Korea Water Resources Corporation [K-water], a government agency, and by the Georgian Government), represents a significant infrastructural priority for the Country. Salini Impregilo prevailed on its European and Asian competitors by relying on the technical qualities offered by its project, which will have an installed power of 280MW, so as to guarantee the energy supply needed during the winter season and to maximise the export capacity during the summer season. The work will have to be completed in 62 months from the signing of the contract. The Project will be composed of a main dam, a weir on the Nakra river, a transfer tunnel, a headrace tunnel to the powerhouse and the actual open-air powerhouse with four vertical-axis Pelton turbines. The weir on the Nakra river will be 9 meters high and 50 meters long (crest), the associated transfer tunnel, 14.4 km long with a 3.5 m diameter, will convey Nakra River's water to the new reservoir, optimizing the Project's performance. The headrace tunnel will be 15.6 km long with a 4.5 m diameter. The dam, an asphalt face rockfill dam, will be 135 meter high and 820 meters long (crest), with a capacity of 183 million cubic meters of water. The Nenskra hydroelectric project will allow Georgia to increase its energy exports, significantly contributing to the economic and social development of the Country, while constantly respecting the environment.

Salini Impregilo Reportedly planning To Acquire US Company

Salini Impregilo S.p.A. (BIT:SAL) is close to buying a US company for some €300 million. The deal would be entirely funded with debt, La Repubblica daily reported. The target company has annual revenue of over €1 billion. Salini Impregilo is reportedly ready to pay eight times the operating profit of the business but Chief Executive Officer, Pietro Salini believes that there is room for doubling the target’s profitability in short terms and for partly offsetting the multiple in a couple of years.

Salini Impregilo S.p.A. Presents at Italian Infrastructure Day 2015, Sep-08-2015

Salini Impregilo S.p.A. Presents at Italian Infrastructure Day 2015, Sep-08-2015 . Venue: Palazzo Mezzanotte, Piazza degli Affari 6, Milan, Italy. Speakers: Fabrizio Rossini, IRM, Massimo Ferrari, General Manager Group Finance and Corporate, Pietro Salini, Chief Executive Officer, President, Director and Chairman of Executive Committee.


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