Astaldi

Infobox_Company
company_name = Astaldi
company_
company_type = Public
foundation = 1926
location_city = Rome
location_country = Italy flagicon|ITA
key_people = Stefano Cerri, CEO and Vittoria Di Paola, chairman
industry = construction
products = construction of railroads, streets and motorways, bridges, subways, airports, tunnels and hydraulic and hydroelectric power stations.
revenue = profit€19.3 Billion ($26.34 Billion) for first half of 2007 [cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capid=621649|title=Astaldi SpA (Stock Quote & Company Information)|accessdate=2007-09-06]
num_employees = 4,709 (As of 2007)
homepage = [http://www.astaldi.it/english/index.html www.astaldi.it]

Astaldi SpA is a major construction company based in Rome, Italy. The group is active in the fields of civil, hydraulic, electromechanical and environmental engineering, and transportation and infrastructure.

History

The company was founded in 1926 by Sante Astaldi, and a member of the Astaldi family remains on the company's board. Astaldi was involved in many major European civil works projects pre-World War II, including the Rome-Naples railroad. After the war, the company extended its activities to Africa, where it focused on road construction. Between the 1950s and the 70s, Astaldi's presence was introduced to the Middle East, Central and South America, and the Far East.

The company split into Impresa Astaldi Estero SpA (for foreign markets) and Impresa Astaldi Estero SpA (for Italian projects) in 1950, but merged to form the present-day Astaldi SpA in the 1980s.

Astaldi continued to diversify its projects, entering new markets in the United States, Turkey and Indonesia throughout the 80s and 90s. Today it is a successful company, with an annual revenue exceeding US$57 Billion. [cite web|url=http://www.astaldi.it/english/company/history/index.html|title=Astaldi.com|accessdate=2007-09-06]

Major projects

Significant projects include:

In Italy

*Rome Metro completed in 1955cite web|url=http://www.tagetik.com/documents/case-studies/c-h-astaldi_e.pdf|title=Tagetik - Astaldi|type=pdf|accessdate=2007-09-06]
*Genoa Metro completed in 1990
*The Lampeggiano Dam in Italy completed in 1992 [cite web|url=http://www.astaldi.it/english/attivita/acqua/03.html|title=Astaldi Water Projects|type=pdf|accessdate=2007-11-25]
*Milan Metro completed in 1999
*The Rosamarina Dam in Sicily completed in 1999 [cite web|url=http://www.astaldi.it/english/attivita/acqua/02.html|title=Astaldi Water Projects|type=pdf|accessdate=2007-11-25]
*The Rome-Naples High Speed Line completed in 2005cite web|url=http://www.astaldi.it/english/company/history/index.html|title=Astaldi History|type=pdf|accessdate=2007-11-25]

Abroad

*Caracas Metro in Venezuela completed in 1983
*Large Electron-Positron Collider for CERN, Switzerland completed in 1989 [cite web|url=http://en.structurae.de/structures/data/index.cfm?id=s0006360|title=Structurae: Large Electron Positron Collider (LEP) (1989)|accessdate=2007-09-06]
*Copenhagen Metro completed in 2002 [cite web|url=http://www.encyclopedia.com/doc/1G1-58673331.html|title=Copenhagen's First Metro Line Takes Shape|type=pdf|accessdate=2007-11-25]

Astaldi is also building an upgrade for a key stretch of Bulgarian infrastructure expected to be completed in 2010. [cite news|url=http://www.novinite.com/view_news.php?id=84991|title=Bulgaria Signs EUR 198,1 M Railway Infrastructure Deals|accessdate=2007-09-06]

References