Astaldi
{{Use dmy dates|date=October 2022}}
{{Short description|Italian multinational construction company}}
{{Infobox company
| name = Astaldi S.p.A.
| logo = Astaldi_Logo.svg
| logo_size = 250px
| type = Società per Azioni
| traded_as = {{ISE|IT0003261069|AST}}
| industry = Construction
| foundation = {{Start date and age|1929}}
| location_city = Rome
| key_people = {{ubl
|Paolo Astaldi (chairman)
|Filippo Stinellis (CEO)
}}
| services = construction of railroads, streets and motorways, bridges, subways, airports, tunnels and hydraulic and hydroelectric power stations.
| revenue = €3.0 billion (2016){{cite web|url=http://www.astaldi.com/sites/astaldi16corp/files/2016_12_31_astaldi_annual_financial_report_tot_small.pdf|title=Astaldi Group Annual Financial Report 2016|publisher=Astaldi|date=24 May 2017|accessdate=19 July 2017}}
| operating_income = €379.8 million (2016)
| net_income = €97.4 million (2016)
| num_employees = 11,500 ({{As of|2016}})
| location_country = Italy
| parent = Webuild (65%)
| homepage = {{URL|www.astaldi.com}}
}}
File:Sede centrale Astaldi.jpg]]
Astaldi S.p.A. is an Italian multinational major construction company based in Rome. The group is active in the fields of civil engineering, hydraulic engineering, electromechanical engineering and transportation.
Significant subsidiaries include Astaldi Concessioni, NBI, Astaldi Construction Corp, NBI, and TEQ Construction Enterprise.
History
The company was founded in 1929 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 railway. After the war, the company extended its activities to Africa, where it focused on road construction. Between the 1950s and the 1970s, Astaldi's presence was introduced to the Middle East, Central and South America, and the Far East. The company split into Impresa Astaldi Estero S.p.A. (for foreign markets) and Impresa Astaldi Estero S.p.A. (for Italian projects) in 1950 but merged to form the present-day Astaldi S.p.A. in the 1980s. Astaldi continued to diversify its projects, entering new markets in the United States, Turkey and Indonesia throughout the 1980s and 1990s.{{cite web|url=http://www.infrapppworld.com/companies/astaldi|title=Astaldi|publisher=Infra PPP World|accessdate=19 July 2017}}
The Canadian portion of the company attempted to build a power station at Muskrat Falls in Labrador, Canada in 2016 without having a structural engineering permit to work on such a project. The company was deemed "professionally incompetent".{{cite web|url=https://www.cbc.ca/news/canada/newfoundland-labrador/astaldi-collapse-tribunal-1.5596429|title=Astaldi issued maximum fine, found guilty of 'professional incompetence' for Muskrat Falls collapse|date=4 June 2020|publisher=CBC|accessdate=7 June 2020}} In November 2020, Webuild acquired a 65% shareholding in Astaldi.[https://tunnellingjournal.com/webuild-completes-acquisition-astaldi/ Webuild Completes Acquisition Of Astaldi] Tunnelling Journal 6 November 2020
Major projects
Significant projects include:
=Italy=
- Rome Metro completed in 1955{{cite web|url=http://www.tagetik.com/documents/case-studies/c-h-astaldi_e.pdf|title=Tagetik – Astaldi|accessdate=2007-09-06| archiveurl= https://web.archive.org/web/20070927003501/http://www.tagetik.com/documents/case-studies/c-h-astaldi_e.pdf| archivedate= 27 September 2007 | url-status= live}}
- 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 |format=PDF |accessdate=2007-11-25 |archiveurl=https://web.archive.org/web/20071009233801/http://www.astaldi.it/english/attivita/acqua/03.html |archivedate=2007-10-09 |url-status=live }}
- 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 |format=PDF |accessdate=2007-11-25 |archiveurl=https://web.archive.org/web/20071009164107/http://www.astaldi.it/english/attivita/acqua/02.html |archivedate=2007-10-09 |url-status=live }}
- The Rome-Naples High Speed Line completed in 2005{{cite web|url=http://www.astaldi.it/english/company/history/index.html |title=Astaldi History |format=PDF |accessdate=2007-11-25 |archiveurl=https://web.archive.org/web/20071107094709/http://www.astaldi.it/english/company/history/index.html |archivedate=2007-11-07 |url-status=live }}
=Romania=
- Arena Națională completed in 2011[http://www.doingbusiness.ro/en/business-news/11271/astaldi-estimates-business-stagnation-in-romania-in-2009 Astaldi estimates business stagnation in Romania in 2009] Doing Business, 15 April 2009
- Basarab Overpass completed in 2011[http://www.grupoikc.com/en/news/71/ FCC and Astaldi executed the work on the Basarab Overpass in Bucharest] {{webarchive |url=https://web.archive.org/web/20120331122804/http://www.grupoikc.com/en/news/71/ |date=31 March 2012 }} Grupo IKC, 13 June 2006
=Turkey=
- Mount Bolu Tunnel, {{convert|2954|m|ft|abbr=on}} long road tunnel completed in 2007{{cite news |url=http://arsiv.ntvmsnbc.com/news/397685.asp |newspaper=NTV MSNBC |title=Bolu Tüneli 14 yıl sonra açıldı |date=24 January 2007 |language=Turkish |accessdate=2011-02-13 }}
- Golden Horn Metro Bridge, {{convert|936|m|ft|abbr=on}} long metro line bridge, completed in February 2014.{{cite web |url=http://halicmetrokoprusu.com/index.html |title=Haliç Metro Crossing Bridge |publisher=halicmetrokoprusu.com |accessdate=2014-02-04 |url-status=dead |archiveurl=https://web.archive.org/web/20140126032230/http://halicmetrokoprusu.com/index.html |archivedate=2014-01-26 }}
- Yavuz Sultan Selim Bridge, a road-rail bridge over the Bosphorus with a longest span of {{convert|1408|m|ft|abbr=on}}, completed in August 2016.
{{cite web|url=http://www.trtworld.com/turkey/3rd-bosphorus-bridge-opening-ceremony-172455|title=3rd Bosphorus bridge opening ceremony|publisher=TRT World|date=25 August 2016|url-status=dead|archiveurl=https://web.archive.org/web/20160828093449/http://www.trtworld.com/turkey/3rd-bosphorus-bridge-opening-ceremony-172455|archivedate=28 August 2016}}{{cite web |url=http://www.dailysabah.com/money/2016/08/26/istanbuls-mega-project-yavuz-sultan-selim-bridge-to-open-in-large-ceremony |title=Istanbul's mega project Yavuz Sultan Selim Bridge to open in large ceremony |newspaper=The Daily Sabah |date=25 August 2016 |accessdate=29 August 2016 |archive-date=28 February 2020 |archive-url=https://web.archive.org/web/20200228181609/https://www.dailysabah.com/money/2016/08/26/istanbuls-mega-project-yavuz-sultan-selim-bridge-to-open-in-large-ceremony |url-status=dead }}
- İzmit Bay Bridge, road bridge under construction with {{convert|1550|m|ft|abbr=on}} longest span, due to be completed in 2017{{cite news |url=http://www.radikal.com.tr/Radikal.aspx?aType=RadikalDetayV3&ArticleID=941404&CategoryID= |newspaper=Radikal |title=Bu otoyolla İzmir-İstanbul 3.5 saate iniyor |date=20 June 2009 |language=Turkish |accessdate=2015-03-31 }}
=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|format=PDF|accessdate=2007-11-25| archiveurl= https://web.archive.org/web/20071205210140/http://www.encyclopedia.com/doc/1G1-58673331.html| archivedate= 5 December 2007 | url-status= live}}
- Upgrade for a key stretch of Bulgarian railway infrastructure 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| archiveurl= https://web.archive.org/web/20070907105834/http://www.novinite.com/view_news.php?id=84991| archivedate= 7 September 2007 | url-status= live}}
- Second line of Warsaw Metro completed in 2013{{cite news|url=https://www.bloomberg.com/apps/news?pid=20601092&sid=aTDgdpj46a_E |title=Astaldi-Led Group Places Lowest Warsaw Metro Bid|accessdate=2009-04-30 | work=Bloomberg|date=16 February 2009}}
- Construction of the new International Terminal of Santiago International Airport, Santiago, Chile, completed in 2021.{{cite press release|url=http://globenewswire.com/news-release/2015/02/04/703132/10118699/en/VINCI-Aeroports-de-Paris-VINCI-Airports-and-Astaldi-presented-the-best-offer-for-the-Santiago-de-Chile-International-Airport-concession.html|title=Aeroports de Paris, VINCI Airports and Astaldi presented the best offer for the Santiago de Chile International Airport concession|publisher=Global News Wire|date=4 February 2015|accessdate=23 November 2015}}
- Expressway S2 in Warsaw, Poland completed in 2021.{{cite web|url=http://www.gddkia.gov.pl/pl/a/20847/Cztery-umowy-na-realizacje-Poludniowej-Obwodnicy-Warszawy-podpisane |title=Expressway 2|publisher=General Directorate for National Roads and Motorways|access-date=3 December 2021}}
- Construction on the Versova–Bandra Sea Link in Mumbai, India due to be completed in 2023.{{cite web|url=https://timesofindia.indiatimes.com/city/mumbai/deal-sealed-work-on-versova-sea-link-to-start-next-month/articleshow/65677435.cms|title=Deal sealed, work on Versova sea link to start next month |publisher=Times of India|date=5 September 2018|accessdate=8 February 2019}}
- Construction of the dome structure of the European Extremely Large Telescope on Cerro Armazones for the European Southern Observatory in Chile due to be completed in 2024.{{cite web |title = EESO Signs Largest Ever Ground-based Astronomy Contract for E-ELT Dome and Telescope Structure |url = http://www.eso.org/public/news/eso1617/ |accessdate = 28 May 2016}}
References
{{reflist}}
Category:Companies based in Rome
Category:Construction and civil engineering companies established in 1929
Category:Companies listed on the Borsa Italiana
Category:Construction and civil engineering companies of Italy
Category:Italian companies established in 1929