Rizzani de Eccher

Rizzani De Eccher S.p.A.
Private
Industry Construction, civil engineering
Founded 1831
Headquarters Pozzuolo del Friuli, Italy
Products Infrastructure and industrial plant construction; motorway operating concessions
Revenue €580 million (2014) [1]
Profit €13.7 million (2014) [1]
Number of employees
3,067 (2014)[1]
Subsidiaries Rizzani de Eccher USA Inc., Codest International S.r.l., Sacaim S.p.A, Deal S.r.l., Tensacciai S.r.l., Tensa America LLC, Immobiliare Rizzani de Eccher (IRiDe) S.r.l., de Eccher Interiors S.r.l.

Rizzani De Eccher S.p.A. is a major Italian general contractor in the international construction market with headquarters in Udine in northeastern Italy, bringing together a number of operating units that are market leaders in the areas of civil engineering, infrastructure and high-end building construction, drawing its resources and know-how from a centenary experience acquired through operations in over 70 countries in the world.

The group operates in several fields worldwide through its subsidiaries:

History

Rizzani was established in Udine, Italy in 1831. Over the following century, Rizzani developed its presence in Italy and ventured in several countries in Africa, Asia and Latin America.

In 1948 Riccardo De Eccher established the company bearing his name in the northern Italian region of Trentino Alto Adige engaging in real estate development.

In 1970 Riccardo De Eccher takes over Rizzani combining a wealth of experience, technical know-how and track record. Ten years later, the construction of two segments of the Carnia-Tarvisio motorway marked the acquisition and mastering of high-end technologies for prefabrication and launching of overhead bridges. These technologies will be constantly developed over the successive years and finally consolidated into Deal S.r.l., a group affiliate specialized in advanced bridge construction technologies. In 1982 the first important overseas project of Rizzani De Eccher was acquired - five schools in Algeria. In 1984 five landmark projects were acquired in what was then the Soviet Union, becoming the first registered Western contractor in the Soviet Union, and marking the beginning of a successful expansion in Russia. The following years were marked by a swift growth. The Group’s consolidated revenues grew from 37 billion lira in 1986 to 228 billion lira in 1990. In 1994 the difficult conditions in the domestic infrastructure market in the mid-90s shift the Company’s focus towards overseas markets. In 2004 Rizzani de Eccher first appeared in the top ten Italian contractors and in the world’s 100 largest contractors rankings compiled by Engineering News-Record. By 2005, through its established presence in many countries (Russia andother CIS countries, Middle East, Mediterranean Basin and North and Central America), the share of overseas revenues tops 70%. Today, the Group is one of the world’s premier construction businesses and a market leader in its field. It operates in four areas of activity, where it consistently demonstrates its expertise and flair for innovation as a contractor for: general building, infrastructure development, equipment manufacturing and specialised engineering solutions for bridges and viaducts and real estate development. Thanks to its consolidated position in several countries (such as Russia and other CIS countries, the Middle East, East Asia, North and Central America as well as Africa) The Group’s share of turnover from overseas operations has always been above 70% since 2005.[2]

The Group operates in the construction sector in three distinct areas:

Notable projects by Area

Italy

San Paolo Bank Headquarter Renzo Piano BW (Turin, Italy)
CityLife Residential Complex Design by Liebeskind (Milan, Italy)

Europe

Marghera Cable Stayed Bridge, (Venice, Italy)
Four Seasons Hotel (Baku, Azerbaijan)
Ducat Place III, Office Building (Moscow, Russia)

Americas

Millenium Line Vancouver Light Railway (Vancouver, Canada)
Dubai Metro, (UAE)

Middle East, Asia & Oceania

Penang 2nd Crossing Bridge (Malaysia)
North Manama Causeway (Manama, Bahrain)
Presidential Palace (Dushanbe', Tajikistan)

Africa

Financial Data

In 2013 the company's turnover reached Euro 572 million, marking an increase of 35% with respect to FY2012. Order backlog as of 31 December 2013 reached Euro 3.500 million, of which about 90% originated from international orders. With a net year-on-year increase of Euro 1.303 million. The Group employs 2,732 individuals, of which 2,199 are based overseas. 533 employees are of Italian nationality, of which 21% are based overseas. [6]

References

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