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Webuild

{{Short description|Italian construction and civil engineering group}}

{{Use dmy dates|date=April 2025}}

{{Infobox company

| name = Webuild S.p.A.

| logo = Webuild.svg

| type = Public

| traded_as = {{ISE|IT0003865570|WBD}}
{{ISE|IT0003865588|WBDR}}
FTSE Italia Mid Cap

| foundation = {{start date and age|2014}} (as Salini Impregilo)

| location_city = {{hlist|Rome|Rozzano{{cite web|url=https://www.webuildgroup.com/en/homepage |title=Webuild |publisher=Webuild |access-date=2023-03-18}}}}

| key_people = {{ublist|Gian Luca Gregori (chairman)|Pietro Salini (CEO)}}

| industry = {{ubl|

Construction

|Civil engineering

}}

| products = Large complex infrastructure for sustainable mobility, hydro energy, water and green buildings

| revenue = {{increase}} €11,790.5 million (2024){{cite web|url=https://media.webuildgroup.com/sites/default/files/2025-03/20250313_CS%20FY%202024_%20ENG_final%20v2.pdf|title=Annual Results 2024|publisher=Webuild|access-date=17 March 2025}}

| operating_income = {{increase}} €522.6 million (2024)

| net_income = {{increase}} €199.5 million (2024)

| assets =

| equity =

| num_employees = {{increase}} 92,000 (2024){{cite web|title=Webuild, un 2024 da record: "Pronti per la ricostruzione in Ucraina e per nuove sfide globali" |date=14 March 2025 |url=https://www.lapresse.it/economia/2025/03/14/webuild-2024-ucraina/}}

| subsid = {{Unbulleted list|The Lane Construction Corporation (USA)|Clough Group (Australia)|Cossi Costruzioni SpA (Italy)|Fisia Italimpianti SpA (Italy)|NBI SpA (Italy)|Seli Overseas SpA (Italy)|CSC Costruzioni (Switzerland)}}

| homepage = {{URL|https://www.webuildgroup.com/}}

}}

Webuild S.p.A. (previously Salini Impregilo S.p.A.;{{cite web|url=https://www.salini-impregilo.com/en/media/press-releases/salini-impregilo-becomes-webuild-bigger-stronger-and-ready-to-serve-the-nation |title=Salini Impregilo |publisher=Salini Impregilo |access-date=2020-05-04}} {{IPA|it|saˈliːni impreˈdʒiːlo|lang}}) is an Italian industrial group specialising in construction and civil engineering. The company was formally founded in 2014 as the result of the merger by incorporation of Salini into Impregilo. Webuild is the largest Italian engineering and general contractor group and a global player in the construction sector.

The company is active in over 50 countries of 5 continents (Africa, America, Asia, Europe, Oceania) with more than 85,000 employees.{{Cite web |title=Group profile {{!}} WeBuild Group |url=https://www.webuildgroup.com/en/group/profile/ |access-date=2023-12-15 |website=webuildgroup |language=en}} Its experience ranges from the construction of dams, hydroelectric plants and hydraulic structures, water infrastructures and ports, to roads, motorways, railways, metro systems and underground works, to airports, hospitals and public and industrial buildings, to civil engineering for waste-to-energy plants and environmental protection initiatives. It takes first place in the water sector of the Engineering News-Record rankings, the benchmark for the entire construction industry.{{cite news|url=http://www.salini-impregilo.com/en/press/news-events/enr-classification-water-sector-the-salini-impregilo-group-takes-first-place.html |title=ENR Classification – Water Sector: The Salini Impregilo Group takes first place}}

The company is listed on the Borsa Italiana. Its chief executive is Pietro Salini.

History

The company was founded as Impregilo in 1960{{cite web|url=https://www.enr.com/articles/40111-salini-impregilo-expects-us-acquisition-to-cut-risk-raise-profit-margins|title=Salini Impregilo Expects U.S. Acquisition To Cut Risk, Raise Profit Margins|date=24 August 2016|newspaper=Engineering News Record|access-date=20 January 2025}} and expanded following a merger with {{lang|it|Cogefar-Impresit S.p.A., Girola S.p.A.}} and Lodigiani S.p.A. in 1994.{{cite news |last=Rickard |first=Carmel |url=http://www.sadocc.at/news/2006/2006-112.shtml |title=Water project trial targets Italian giant |publisher=Business Day |date=4 September 2006 |access-date=14 July 2013 |archive-date=4 March 2016 |archive-url=https://web.archive.org/web/20160304033818/http://www.sadocc.at/news/2006/2006-112.shtml |url-status=dead }}

Impregilo established a business relationship with Fisia in 1998,{{cite web|url=https://www.gazzettaufficiale.it/atto/serie_generale/caricaDettaglioAtto/originario?atto.dataPubblicazioneGazzetta=1999-10-30&atto.codiceRedazionale=099A8605&elenco30giorni=false|title=Environmental emergency in the Orbetello lagoon. Works related to the "Connection project for the completion of the works of the 1st section - Supplementary and variant appraisal no. 2".|publisher=Official Journal |date=19 July 1999 |access-date=20 January 2025}} and acquired Todini in 2010.{{cite news|url=https://www.themeditelegraph.com/en/markets/finance-and-politics/2014/03/21/news/salini-impregilo-sells-todini-7-billion-revenue-expected-1.38179437|title=Salini Impregilo sells Todini, 7 billion revenue expected|date=21 March 2014|newspaper=The Medi Telegraph| access-date=20 January 2025}}

In 2011 Salini, privately held, began its acquisition of Impregilo with an initial purchase of shares, reaching 25% the following year. The acquisition set a precedent in Italy because it was the first proxy fight for control of a company to occur in the country. Despite the opposition it faced from a group of investors, Salini managed to convince enough shareholders at an assembly in July 2012 to approve its proposal to replace Impregilo’s board of directors with its own list of candidates. Once in place, these new members of the board approved Salini’s offer to buy the rest of Impregilo. Pietro Salini became chief executive. A few months later, the board approved Salini’s plan.{{cite web|url=https://www.bloomberg.com/news/articles/2012-07-11/italian-families-in-showdown-for-control-of-builder-impregilo|title=Italian Investors Feud Over Biggest Builder Impregilo|date=12 July 2012|publisher=Bloomberg|access-date=10 August 2016}}

In 2013, Salini launched a tender offer to buy the remaining ordinary shares in Impregilo. In January 2014 the transaction was completed forming Salini Impregilo.{{cite news |last=Flak |first=Agnieszka |url=https://www.reuters.com/article/us-impregilo-idUSBRE98B0KR20130912 |title=Impregilo shareholders approve merger with Salini |publisher=Reuters |date=12 September 2013 |access-date=1 March 2014}}

In 2016, it bought Lane Industries, based in Connecticut{{cite news|url=https://www.reuters.com/article/salini-laneindustries-idUSI6N13000F20151112/|title=Salini Impregilo in $406-mln purchase of Lane Industries | newspaper=Reuters|access-date=15 December 2023}} and, in 2019, it announced the acquisition of a majority stake in Cossi Costruzioni.{{cite news|url=https://www.geplus.co.uk/news/salini-impregilo-buys-majority-stake-in-cossi-costruzioni-04-04-2019/|title=Salini Impregilo buys majority stake in Cossi Costruzioni|date=4 April 2019|newspaper=Ground Engineering|access-date=20 January 2025}}

In May 2020, the company was rebranded as Webuild.{{cite web|url=https://www.repubblica.it/economia/finanza/2020/05/04/news/salini_impregilo_cambia_nome_da_oggi_nasce_webuild-255611800/ |title=Salini Impregilo cambia nome: da oggi nasce Webuild - la Repubblica |date=4 May 2020 |publisher=Repubblica.it |access-date=2020-05-04}} 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

In November 2022, Webuild announced that, subject to due diligence, it would acquire the Australian based company Clough Group.{{cite news|url=https://www.reuters.com/markets/deals/italian-builder-webuild-agrees-buy-australias-clough-2022-11-08/|title=Italian builder Webuild agrees to buy Australia's Clough|newspaper=Reuters|date=8 November 2022|access-date=8 November 2022}}

Operations

The group is organised into four business areas: Clean Hydro Energy, Clean Water, Sustainable Mobility, Green Buildings. The company's projects include 313 dams and hydroelectric plants; {{convert|13319|km|abbr=off}} of railway lines; {{convert|3408|km|abbr=off}} of underground works, {{convert|821|km|abbr=off}} of which subway lines; {{convert|82533|km|abbr=off}} of roads and highways; and {{convert|1020|km|abbr=off}} of bridges and viaducts.{{cite web|url=https://media.webuildgroup.com/sites/default/files/2024-04/20240416_WB%20At%20a%20Glance%20FINAL%20ENG_V2.pdf|title=Webuild At a Glance 2023|page=10|publisher=Webuild|access-date=20 January 2025}}

Major projects

Projects in which the company has been involved include buildings, public utilities, motorways, underground works, airports, water supply systems, waste disposals, hospitals and land development. Some major examples include:

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  • Kariba Dam, Zimbabwe/Zambia, 1959[http://www.spurwing.co.zw/facts_kariba.htm Spurwing facts] {{webarchive|url=https://web.archive.org/web/20091105204805/http://www.spurwing.co.zw/facts_kariba.htm |date=2009-11-05 }}
  • Dez Dam, Iran, 1963{{Cite web|url=http://www.ilisu.org.uk/impregilo.html|title=Ilisu Dam Campaign - Company Profile: Impregilo|date=September 25, 2000|archive-url=https://web.archive.org/web/20000925035824/http://www.ilisu.org.uk/impregilo.html |archive-date=2000-09-25 }}
  • Akosombo Dam, Ghana, 1966[http://www.ghananewsagency.org/details/Science/VRA-honours-Italy-contractors-of-Akosombo-Kpong-dams/?ci=8&ai=32929#.UHF1s03R6Yk VRA honours Italy contractors of Akosombo Kpong dams]
  • Salvage of the Abu Simbel temples, Egypt, 1968{{Cite web|url=http://www.abusimbelexpo.org/estas/Abu%20Simbel.html|archiveurl=https://web.archive.org/web/20100102084618/http://www.abusimbelexpo.org/estas/Abu%20Simbel.html|url-status=dead|title=Abu Simbel|archivedate=January 2, 2010}}
  • Bay of Fontvieille, Monaco, 1973{{Cite web|url=http://www.impregilo.it/it/lavori-marittimi-baia-fontvieille|archive-url=https://web.archive.org/web/20131029201136/http://www.impregilo.it/it/lavori-marittimi-baia-fontvieille|url-status=dead|title=Lavori marittimi nella Baia di Fontvieille|archive-date=October 29, 2013}}
  • Fréjus Road Tunnel, France/Italy, 1980{{Cite web|url=https://www.libreidee.org/2013/01/frejus-tir-sui-treni-cade-lultimo-alibi-per-la-torino-lione/|title=Fréjus, Tir sui treni: cade l'ultimo alibi per la Torino-Lione | LIBRE|first=Dantes 20|last=gennaio 2013 • 19:27}}
  • Tarbela Dam, Pakistan, 1983{{cite web|url=https://documents1.worldbank.org/curated/en/401641468757536163/pdf/multi-page.pdf|title=Project Completion Report: Tarbela Dam Project|publisher=World Bank|date=15 September 1986|page=2|access-date=6 May 2025}}
  • Trans-Gabon Railway, Gabon, 1986{{cite web|url=https://www.wilsonquarterly.com/quarterly/undefined/neocolonial-triumph|title=Gabon: A Neocolonial Enclave of Enduring French Interest|first= Michael C. |last=Reed|publisher=The Journal of Modern African Studies|date=1 June 1987|access-date=6 May 2025}}
  • San Roque González de Santa Cruz Bridge, Argentina/Paraguay, 1990 {{Cite web|url=http://www.impregilo.it/it/ponte-posadas-encarnacion-fiume-parana|title=Ponte Posadas - encarnacion sul fiume Paranà|access-date=2013-10-26|archive-date=2013-10-29|archive-url=https://web.archive.org/web/20131029193032/http://www.impregilo.it/it/ponte-posadas-encarnacion-fiume-parana|url-status=dead}}
  • New Hemicycle of European Parliament, France, 1997[http://www.lepoint.fr/actualites-politique/2007-01-24/un-hemicycle-tres-discute/917/0/80762 A much discussed chamber]
  • Lesotho Highlands Water Project, 1998{{Cite web|url=http://www.thecornerhouse.org.uk/resource/lesotho-highland-water-development-project-what-went-wrong|title=The Lesotho Highland Water Development Project - What Went Wrong? | The Corner House|website=www.thecornerhouse.org.uk}}
  • Extensions to the Rodovia dos Imigrantes, Brazil, 2002{{cite web|title=Brazil, Serro do Mar - br/18 - Highway|url=http://tunnelbuilder.com/Archive/Projects/Brazil.aspx|publisher=Tunnelbuilder Ltd|access-date=23 September 2015}}
  • Ghazi Barotha Dam, Pakistan, 2002{{Cite web|url=http://www.riaalaw.com/construction.html|title=Riaa Law|access-date=2010-08-06|archive-date=2012-09-11|archive-url=https://archive.today/20120911140240/http://www.riaalaw.com/construction.html|url-status=dead}}
  • Nathpa Jhakri Hydroelectric Power Project, India, 2003{{Cite web|url=http://people.bath.ac.uk/mnsanb/MN20211NathpaJhakriHydroelectricPowerProject.doc|title=Nathpa Jhakri Hydroelectric Power Project|access-date=2014-04-03|archive-date=2016-03-04|archive-url=https://web.archive.org/web/20160304114342/http://people.bath.ac.uk/mnsanb/MN20211NathpaJhakriHydroelectricPowerProject.doc|url-status=dead}}
  • Sheikh Zayed Grand Mosque, United Arab Emirates, 2003{{Cite web|url=http://www.halcrow.com/Our-projects/Project-details/Grand-Mosque-Abu-Dhabi/|archive-url=https://web.archive.org/web/20100306003546/http://www.halcrow.com/Our-projects/Project-details/Grand-Mosque-Abu-Dhabi/|url-status=dead|title=Grand Mosque Abu Dhabi|archive-date=March 6, 2010}}
  • Desalination plant Jebel Ali L, United Arab Emirates, 2008{{cite news|url=https://www.mepmiddleeast.com/projects/article-19017-siemens-lands-560m-jebel-ali-plant-deal|title=Siemens lands $560m Jebel Ali plant deal|date=15 October 2012|newspaper=Mechanical Electrical Plumbing Middle East|access-date=6 May 2025}}
  • Kárahnjúkar Hydropower Plant, Iceland, 2008{{Cite web|url=http://www.karahnjukar.is/EN/article.asp?ArtId=595&catID=394|archive-url=http://wayback.vefsafn.is/wayback/20050622175416/www.karahnjukar.is/EN/article.asp?ArtId=595&catID=394|url-status=dead|title=Karahnjukar website - Impregilo|archive-date=June 22, 2005}}
  • Turin–Milan and Bologna–Florence high-speed railways, Italy, 2009{{Cite web|url=http://www.railperf.org.uk/index/news-app/story.13/title.italians-set-national-rail-speed-record-in-tunnel-of-362km-h-224-8mph-|title=Rail Performance Society - Italians set national rail speed record (in tunnel) of 362km/h (224.8mph)|website=www.railperf.org.uk|access-date=2009-06-08|archive-date=2023-03-22|archive-url=https://web.archive.org/web/20230322175735/http://www.railperf.org.uk/index/news-app/story.13/title.italians-set-national-rail-speed-record-in-tunnel-of-362km-h-224-8mph-|url-status=dead}}
  • Expansion of the Churchill Hospital in Oxford, 2009{{cite web|url=https://www.building.co.uk/news/alfred-mcalpine-jv-wins-125m-hospital-contract/3060523.article|title= Alfred McAlpine JV wins £125m hospital contract|date=19 December 2005|publisher=Building|access-date=30 April 2018}}
  • Grand Ethiopian Renaissance Dam, 2011{{cite web|url=https://www.water-technology.net/projects/grand-ethiopian-renaissance-dam-africa/ |title=Grand Ethiopian Renaissance Dam Project, Benishangul-Gumuz}}]
  • Expansion of the Panama Canal – third set of locks, 2016{{cite web|url=https://www.reuters.com/article/sacyr-panama-impregilo/salini-impregilo-ceo-outlines-solutions-to-panama-canal-dispute-idUSL6N0KI2MO20140108|title=Salini Impregilo CEO outlines solutions to Panama Canal dispute|date=8 January 2014|publisher=Reuters|access-date=3 March 2018}}
  • Faido sections of the Gotthard Base Tunnel, 2016{{cite web|url=http://www.tat-ti.ch/ |title=St. Barbara Celebration 2012 |publisher=Consorzio TAT |language=de |access-date=11 April 2013 |url-status=dead |archive-url=https://web.archive.org/web/20120913020852/http://www.tat-ti.ch/ |archive-date=13 September 2012 }}
  • Cityringen, new subway circular urban line in Copenhagen, 2019{{cite web|url=https://www.khl.com/news/copenhagen-metro-deal-for-salini-impregilo/102156.article|title=Copenhagen Metro deal for Salini Impregilo|date=29 October 2014|website=Construction Europe|access-date=2019-04-16}}
  • Red Line North, part of the Doha Metro project in Qatar, 2019.{{cite news |url=http://dohanews.co/italian-led-group-wins-2bn-contract-to-build-north/ |title=Italian-led group wins $2bn contract to build north Doha Metro line |publisher=Doha News |date=19 May 2013 |access-date=13 June 2015}}
  • Genoa-Saint George Bridge, 2020{{Cite news|url=https://www.nytimes.com/aponline/2018/12/18/world/europe/ap-eu-italy-genoa-bridge.html|title=Genoa Announces $229M Project to Replace Collapsed Bridge|agency=Associated Press|date=2018-12-18|work=The New York Times|access-date=2018-12-19|language=en-US|issn=0362-4331}}{{cite web|url=https://www.salini-impregilo.com/genoa-bridge|title=Genoa Bridge - Salini Impregilo|website=www.salini-impregilo.com|access-date=2018-12-19}}{{cite web|url=https://www.fincantieri.com/en/media/press-releases/2018/salini-impregilo-fincantieri-to-rebuild-genoa-bridge-with-new-pergenova-company/|title=Fincantieri {{!}} SALINI IMPREGILO, FINCANTIERI TO REBUILD GENOA BRIDGE WITH NEW "PERGENOVA" COMPANY|website=www.fincantieri.com|language=en|access-date=2018-12-19}}
  • Forrestfield–Airport Link, extension to the Transperth rail network, 2022{{cite web |last1=Smith |first1=Kevin |title=Perth Airport rail link contract awarded |url=https://www.railjournal.com/regions/australia-nz/perth-airport-rail-link-construction-contract-awarded/ |website=International Railway Journal |access-date=15 July 2023 |date=29 April 2016}}
  • Rogun Dam, Tajikistan, due to complete in 2025{{cite web|url=http://www.eurasianet.org/node/79491 |title= Italians Picked for Rogun Dam Contract|date=1 July 2016|publisher=Eurasianet|access-date=3 March 2018}}
  • Portions of the Grand Paris Express, France, due to complete in 2025{{cite web|url=https://www.lemoniteur.fr/article/grand-paris-express-l-italien-salini-remporte-avec-nge-le-second-lot-de-la-ligne-16.1998779 |title= l'italien Salini remporte le second lot de la ligne 16|date=19 October 2018|publisher=Le Moniteur|access-date=19 October 2018|last1= Moniteur|first1= Le}}
  • Dam and artificial lake at Trojena, in Neom, Saudi Arabia, due to complete in 2026{{cite news|url=https://www.newcivilengineer.com/latest/webuild-signs-3-7bn-contract-to-build-artificial-lake-for-saudi-arabias-neom-18-01-2024/ |title=Webuild signs £3.7bn contract to build artificial lake for Saudi Arabia's Neom|newspaper=New Civil Engineer|date=18 January 2024|access-date=21 January 2024}}
  • Snowy 2.0 Pumped Storage Power Station, due to complete in 2028{{cite news|date=6 January 2023 |title=Snowy Hydro could change our electricity grid and bring cheap power. But we have to build it |url=https://www.abc.net.au/news/2023-01-06/snowy-hydro-could-change-our-electricity-grid-bring-cheap-power/101795640 |work=ABC News |publisher=Australian Broadcasting Corporation |access-date=5 May 2023}}
  • Texas Central Railway, undergoing planning and property acquisition, due to complete in the early 2030s{{Cite web |last=Fechter |first=Joshua |date=2025-04-14 |title=Trump officials cut planning grant for Texas high-speed rail between Dallas and Houston |url=https://www.texastribune.org/2025/04/14/texas-high-speed-rail-planning-grant-cut/ |access-date=2025-04-15 |website=The Texas Tribune |language=en}}

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See also

References

{{Reflist|30em}}

External links

  • {{Official website|https://www.webuildgroup.com/en}}

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Category:Construction and civil engineering companies of Italy

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Category:Construction and civil engineering companies established in 1959

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Category:Italian companies established in 1959

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