SURVEY 2010 THE ITALIAN CONSTRUCTION COMPANIES IN THE WORLD

Transcription

1 SURVEY 2010 THE ITALIAN CONSTRUCTION COMPANIES IN THE WORLD edited by the Directorate for Economic Affairs and Studies and Overseas Works and International Relations Office

2 Italian construction companies overseas activities keep growing despite domestic market s weakness The 40 Italian construction companies which are part of Ance s Survey, have been increasing their overseas activities in order to balance the contraction of the domestic market. New international markets have been targeted with dynamism and determination. The 2009 international turnover of the 40 companies has exceeded 7.2 billion euro, thus achieving an annual 20% growth (average) for the past 5 years. The 40 companies have almost tripled their international turnover by comparison to 2003 (2,5 billion euro), which is now the 54% of the global. These companies are running 576 construction sites in 86 countries (+6 compared to last year), with a portfolio of 44 billion euro. In 2009 they have signed 170 new contracts for a global value of 11 billion euro. In addition, the companies operate concessions for 16.7 billion euro. The Italian construction companies core business is the achievement of complex infrastructures, such as railways, roads, bridges, subways, pipelines, hydroelectric plants and networks, hydraulic works, airports. The Italian construction sector, which is confronted with the persistent recession of it s domestic market, shows a remarkable competitiveness on international markets. Top Italian International Contractors (million euro) Rank Company International Total New Contracts Revenue 2009 Revenue , , , , , , (*) , de Eccher Renco Bentini Condotte Sicim Ferretti Int Ghizzoni Conicos Salcef G.L. Fincosit Valdadige Cossi Claudio Salini Vidoni Matarrese Ferretti Spa Demoter * Pro forma 2009 based on Salini s and Todini s consolidated statements, edited in accordance with standardized accounting methods

3 International Turnover ( ) National and International Turnover ( ) million euro , , , , , ,264.5 million euro ,795.8 NATIONAL TURNOVER INTERNATIONAL TURNOVER 6, , , , , , , , , , , The 2009 international turnover of the 40 Italian construction companies has exceeded 7.2 billion euro, more than the double of The international turnover rose from less than 30% in 2004 to more than 50% in National v/s International Turnover ( ) Company Size: International Turnover compared to Total Revenue 2004 = INTERNATIONAL TURNOVER NATIONAL TURNOVER Company Size in terms % of International % of International of Total Revenue (million euro) Turnover in 2004 Turnover in 2009 UP TO % 21.7% % 25.1% % 50.8% % 36.7% OVER % 58.4% TOTAL 30.7% 54.0% International turnover is outpacing the domestic one significantly: the distance between the two curves keeps widening. International activities increase for all sizes of companies, with picks that exceed the 50% for some of them.

4 Range of Contracts Amounts (million euro) > VENEZUELA ALGERIA SWITZERLAND PANAMA* ETHIOPIA UNITED ARAB EMIRATES QATAR ROMANIA POLAND KAZAKHSTAN NIGERIA ARGENTINA LYBIA UNITED STATES GREECE TURKEY GREATER ANTILLES* SOUTH AFRICA ICELAND GERMANY FRANCE COLOMBIA UGANDA KUWAIT ANGOLA MOZAMBIQUE SPAIN MOROCCO SAUDI ARABIA AZERBAIJAN BULGARIA ECUADOR CONGO (REP.) TUNISIA LAOS CHILE EL SALVADOR JORDAN AUSTRIA ARMENIA ALBANIA IRAN SWAZILAND COSTA RICA HONG KONG (P.R.C.) RUSSIA BELGIUM SIERRA LEONE MALAWI LESSER ANTILLES BOLIVIA LEBANON* PERU* CAPE VERDE CROATIA UKRAINE GEORGIA* BRAZIL MALTA < 50 NORWAY TAJIKISTAN HONDURAS KENYA CHINA IRELAND* ISRAEL INDIA SYRIA ZIMBABWE NICARAGUA SLOVENIA TANZANIA BOSNIA-HERZEGOVINA OMAN* IRAQ IVORY COAST PHILIPPINES MEXICO SLOVAKIA* GUINEA-BISSAU HUNGARY* URUGUAY EGYPT SWEDEN* TAIWAN* Concessions ARGENTINA BRAZIL CHILE CHINA COSTA RICA HONDURAS UNITED KINGDOM * New Countries in 2009

5 ITALIAN CONSTRUCTION SITES IN THE WORLD IN 2009 PRIMARY MARKETS FOR ITALIAN CONSTRUCTION FIRMS million euro Total Ongoing Contracts 1. VENEZUELA 8, ALGERIA 3, SWITZERLAND 3, PANAMA 2, ETHIOPIA 1, UNITED ARAB EMIRATES 1, QATAR 1, ROMANIA 1, POLAND 1, KAZAKHSTAN 1,224.0 Total Main 10 Markets 26,367.0 Total Ongoing Works 44,103.1 New Contracts in PANAMA 2, POLAND 1, SWITZERLAND KAZAKHSTAN ALGERIA LIBYA COLOMBIA GREATER ANTILLES GERMANY UNITED ARAB EMIRATES Total Main 10 markets in ,764.4 Total New Works in ,152.0

6 GEOGRAPHIC PRESENCE OF ITALIAN COMPANIES ABROAD Amount of total works: 44,103.1 million euro NORTH AMERICA United States Condotte Grandi Lavori Fincosit CENTRAL AMERICA 3,337.8 Costa Rica El Salvador Greater Antilles Honduras Lesser Antilles Grandi Lavori Fincosit Mexico Ferretti Spa Nicaragua Panama SOUTH AMERICA 10,018.0 Argentina Bolivia Grandi Lavori Fincosit Brazil Chile Colombia Grandi Lavori Fincosit Ecuador Peru Uruguay Venezuela NORTH AFRICA 6,684.1 Algeria Bentini CLF Condotte Cossi Egypt Ethiopia Libya Conicos Ferretti International Morocco Bentini Bitumstrade Claudio Salini Matarrese Tunisia Demoter SUB-SAHAR. AFRICA 3,171.5 Angola Cape Verde Congo (Rep.) Renco Sicim Guinea Bissau Ivory Coast Kenya Malawi Mozambique Nigeria Bentini Sierra Leone South-Africa Swaziland Tanzania Uganda Zimbabwe EU 5,531.3 Austria Belgium Bentini Renco Bulgaria CLF Ferretti International France Ferretti Spa Ghizzoni Germany Ghizzoni Sicim Greece Ghizzoni Hungary Ireland Sicim Malta Ibi Poland Valdadige Romania Carena Cossi Ferretti Spa Itinera Monticava Salcef Secol Slovakia Bottoli Slovenia Vidoni Spain Sweden United Kingdom EUROPE EXTRA EU 5,320.4 Albania Claudio Salini Matarrese Armenia Renco Azerbaijan Bosnia-Herzegovina Vidoni Croatia Ghizzoni Salcef Georgia Iceland Norway Russia Switzerland Condotte Cossi Turkey Ukraine MIDDLE EAST 4,240.7 Jordan Condotte Iran Iraq Israel Kuwait Lebanon Oman Qatar Saudi Arabia Mont-Ele Syria United Arab Emirates ASIA 1,571.3 China Hong Kong India Kazakhstan Renco Sicim Laos Philippines Taiwan Tajikistan

7 Geographic Distribution of Italian Companies in 2009 Total Amount of Contracts New Contracts in 2009 Extra EU 13% North Africa 16% Sub-Saharian Africa 8% Asia 4% Middle East 10% North America 2% Extra EU 11% Nord Africa 13% Sub-Saharian Africa 4% Asia 8% Middle East 6% North America 2% EU 14% South America 25% Central America 8% The majority of ongoing contracts abroad is concentrated in South-America. Other main geographic areas are North Africa, the European Union and Europe Extra EU. EU 21% South America 6% Central America 29% New contracts signed in 2009 are concentrated in Central America, European Union and North Africa. The importance of Asia increases. % RAILWAYS 28.7 HYDROELECTRIC PLANTS 12.9 Amount of Contracts per Sector (% on Total Revenue) ROADS & BRIDGES 12.8 HYDRAULIC WORKS 12.2 OTHERS 9.1 SUBWAYS 8.1 BUILDINGS 5.8 The majority of Italian companies work on complex infrastructures (railways, hydroelectric plants, roads, bridges, hydraulic works, subways). POWER, OIL & GAS 5.4 NON-RESIDENTIAL BUILDINGS 4.7 AIRPORTS 2.6 RESIDENTIAL BUILDINGS 1.1 PILES & FOUNDATIONS 0.8 PORTS 0.8 GARBAGE DISPOSAL PLANTS 0.8 Summarizing data on Italian international contracts Construction Sites n. Value of Contracts million euro WORKS New Contracts in ,152.0 Contracts Pre-existing ,951.1 Total Works ,103.1 CONCESSIONS New Concessions in ,668.5 Concessions Pre-existing ,022.8 Total Concessions 14 16,691.3 Italian contractors are running 576 construction sites abroad for an amount exceeding 44 billion euro. Investment diversification is increasing. The value of concessions has exceeded 16 billion euro.

8 SpA Bentini SpA Bitumstrade Srl SpA Bottoli Costruzioni SpA Carena SpA CLF SpA C.M.C. Di Ravenna Cogeis SpA Condotte SpA Con.i.cos SpA Cossi Costruzioni SpA Demoter SpA Srl COMPANIES PART OF ANCE S 2010 SURVEY Ferretti International Srl [email protected] Ferretti SpA [email protected] SpA [email protected] Ghizzoni SpA [email protected] Grandi Lavori Fincosit SpA [email protected] I.B.I. SpA [email protected] SpA [email protected] Ing. Claudio Salini SpA [email protected] [email protected] SpA [email protected] Itinera SpA [email protected] SpA [email protected] Mont-Ele Srl [email protected] Monticava Strade Srl [email protected] & C. SpA [email protected] Renco SpA [email protected] De Eccher SpA [email protected] Salcef SpA [email protected] SpA [email protected] Salvatore Matarrese SpA [email protected] S.E.C.O.L. SpA [email protected] S.E.L.I. SpA [email protected] Sicim SpA [email protected] SpA [email protected] Valdadige SpA [email protected] Vidoni SpA [email protected] Lavori SpA [email protected] Overseas Works and International Relations Office Via Guattani, Rome - Italy Tel /437 Fax [email protected] Office for the Relations with the European Union Av. de la Joyeuse Entree 1, B Brussels - Belgium Tel: