Astaldi
| Astaldi S.p.A. | |
|---|---|
 | |
| Type | S.p.A. |
| Industry | Construction |
| Founded | 1929 |
| Founder | Sante Astaldi  |
| Fate | Acquired by Webuild |
| Successor | Webuild |
| Headquarters | , Italy |
| Services | Construction of railways, roads and motorways, bridges, metros, airports, tunnels, and hydraulic and hydroelectric power stations |
| Revenue | €3.0 billion (2016) |
| €379.8 million (2016) | |
| €97.4 million (2016) | |
Number of employees | 11,500 (As of 2016[update]) |
| Parent | Webuild |
| Website | www |
Astaldi S.p.A. was an Italian multinational construction company based in Rome. It was active in civil engineering, hydraulic engineering, electromechanical engineering and transport infrastructure. It was acquired by Webuild in 2020.
History
The company was founded in 1929 by Sante Astaldi. After the Second World War it expanded into Africa, where it focused on road construction, and between the 1950s and the 1970s it entered the Middle East, Central and South America and the Far East. In 1950 the business was split into two companies, one for foreign markets and one for Italian projects; they merged to form the present-day Astaldi S.p.A. in the 1980s. Through the 1980s and 1990s it entered new markets including the United States, Turkey and Indonesia.
Muskrat Falls
In May 2016 wooden formwork collapsed during a concrete pour at the Muskrat Falls powerhouse in Labrador, Canada, where Astaldi Canada was the main contractor. Five workers fell into wet concrete. In 2020 a tribunal of the Professional Engineers and Geoscientists of Newfoundland and Labrador found that the company held a permit for civil engineering but not for structural engineering, and that its work on the formwork showed "professional incompetence". Astaldi pleaded guilty and was fined the maximum of C$25,000. The project owner, Nalcor, had removed Astaldi from the project in late 2018.
Acquisition by Webuild
In November 2020 Webuild completed the acquisition of a 65% stake in Astaldi through a €225 million capital increase.
Major projects
Significant projects included:
Italy
- Rome Metro, completed in 1955
- Genoa Metro, completed in 1990
- The Lampeggiano Dam, completed in 1992
- Milan Metro, completed in 1999
- The Rosamarina Dam in Sicily, completed in 1999
- The Rome–Naples high-speed line, completed in 2005
Romania
- Arena Națională, completed in 2011
- Basarab Overpass, completed in 2011
Turkey
- Mount Bolu Tunnel, a 2,954 m (9,692 ft) road tunnel, completed in 2007
- Golden Horn Metro Bridge, a 936 m (3,071 ft) metro bridge, completed in February 2014
- Yavuz Sultan Selim Bridge, a road-rail bridge over the Bosphorus with a main span of 1,408 m (4,619 ft), completed in August 2016
- Osman Gazi Bridge, a road bridge with a main span of 1,550 m (5,090 ft), completed in 2016
Other countries
- Caracas Metro, Venezuela, completed in 1983
- Large Electron–Positron Collider for CERN, Switzerland, completed in 1989
- Copenhagen Metro, completed in 2002
- Upgrade of a key stretch of Bulgarian railway infrastructure, completed in 2010
- Second line of the Warsaw Metro, completed in 2013
- New international terminal of Santiago International Airport, Chile, completed in 2021
- Expressway S2 in Warsaw, Poland, completed in 2021
- Versova–Bandra Sea Link in Mumbai, India, planned for completion in 2027
- Dome structure of the Extremely Large Telescope on Cerro Armazones, Chile, for the European Southern Observatory, planned for completion in 2029
References
- 1 2 3 "Astaldi Group Annual Financial Report 2016" (PDF). Astaldi. 24 May 2017.
- ↑ "Astaldi". Infra PPP World.
- 1 2 3 "Astaldi issued maximum fine, found guilty of 'professional incompetence' for Muskrat Falls collapse". CBC News. 4 June 2020.
- ↑ "Webuild completes acquisition of Astaldi". Tunnelling Journal. 6 November 2020.
- 1 2 3 "Tagetik – Astaldi" (PDF). Archived from the original (PDF) on 27 September 2007.
- ↑ "Astaldi Water Projects". Archived from the original on 9 October 2007.
- ↑ "Astaldi Water Projects". Archived from the original on 9 October 2007.
- 1 2 "Astaldi History". Archived from the original on 7 November 2007.
- ↑ "Astaldi estimates business stagnation in Romania in 2009". Doing Business. 15 April 2009.
- ↑ "FCC and Astaldi executed the work on the Basarab Overpass in Bucharest". Grupo IKC. 13 June 2006. Archived from the original on 31 March 2012.
- ↑ "Bolu Tüneli 14 yıl sonra açıldı". NTV MSNBC (in Turkish). 24 January 2007.
- ↑ "Haliç Metro Crossing Bridge". halicmetrokoprusu.com. Archived from the original on 26 January 2014.
- ↑ "3rd Bosphorus bridge opening ceremony". TRT World. 25 August 2016. Archived from the original on 28 August 2016.
- ↑ "Istanbul's mega project Yavuz Sultan Selim Bridge to open in large ceremony". Daily Sabah. 25 August 2016. Archived from the original on 28 February 2020.
- ↑ "Bu otoyolla İzmir-İstanbul 3.5 saate iniyor". Radikal (in Turkish). 20 June 2009.
- ↑ "Structurae: Large Electron Positron Collider (LEP) (1989)". Structurae.
- ↑ "Copenhagen's First Metro Line Takes Shape". Archived from the original on 5 December 2007.
- ↑ "Bulgaria Signs EUR 198,1 M Railway Infrastructure Deals". Novinite. Archived from the original on 7 September 2007.
- ↑ "Astaldi-Led Group Places Lowest Warsaw Metro Bid". Bloomberg. 16 February 2009.
- ↑ "Aeroports de Paris, VINCI Airports and Astaldi presented the best offer for the Santiago de Chile International Airport concession" (Press release). Global News Wire. 4 February 2015.
- ↑ "Expressway 2" (in Polish). General Directorate for National Roads and Motorways.
- ↑ "Deal sealed, work on Versova sea link to start next month". The Times of India. 5 September 2018.
- ↑ "Six fishing hamlets in Mumbai to bear brunt of Bandra-Versova Sea Link". Hindustan Times. 16 August 2021. Archived from the original on 22 August 2021. Retrieved 22 August 2021.
- ↑ "ESO Signs Largest Ever Ground-based Astronomy Contract for E-ELT Dome and Telescope Structure". European Southern Observatory.
- ↑ information@eso.org. "Telescope first light for ESO's Extremely Large Telescope now planned for March 2029". www.eso.org. Retrieved 22 March 2025.