@astaldi.com
Astaris (before: Astaldi) is an international construction group with a leading position in Italy and among the top 100 International Contractors
📢
Find anything inaccurate?
If you spot any mistakes on this brand profile, report to us.
Brand Logos
View allLogo
SVG
Icon
JPEG
About
Description
Astaldi is an Italian multinational construction company. Founded in 1929 by Sante Astaldi, the company is headquartered in Rome, Italy. Astaldi specializes in complex infrastructure projects such as highways, bridges, railways, dams, and buildings.
With over 90 years of experience, Astaldi has established itself as a global player in the construction industry. As of now, Astaldi operates in over 15 countries worldwide. The company has a strong presence in Europe, especially in Italy, where it has completed many landmark projects.
Astaldi has also expanded its operations to other continents, including Africa, Asia, and the Americas. This global presence has allowed the company to diversify its revenue streams and reduce its dependency on any one market. Astaldi operates several noteworthy subsidiaries and joint ventures.
One of its major joint ventures is with Turkish construction company IC İçtaş, known as IC İçtaş-Astaldi. This joint venture has successfully executed various infrastructure projects in Turkey, including the Istanbul Airport. Astaldi is also involved in partnerships and collaborations with local companies in different countries, enabling it to tap into local expertise and expand its project portfolio.
In terms of market position, Astaldi is considered one of the leading construction companies globally. It has a significant market share in Italy and has successfully positioned itself as a reliable and reputable brand in the global construction market. With its strong financial capabilities and technical expertise, the company is often chosen for complex and large-scale projects.
Throughout its history, Astaldi has achieved numerous notable milestones. One significant event was the company's IPO in 2002 when it became listed on the Milan Stock Exchange. This allowed Astaldi to raise funds for future investments and expand its operations.
Additionally, the company has continuously evolved its business strategy, focusing on sustainable development and innovation in construction techniques. In recent years, Astaldi has faced some challenges, including financial difficulties. In 2018, the company initiated a financial restructuring process to address its debt burden.
As a result of this process, Astaldi underwent significant changes in ownership and leadership, including the sale of some assets. As of the latest available information, Astaldi is still in the process of recovering from its financial difficulties. The company is implementing a new strategic plan to regain profitability and strengthen its balance sheet.
While it has faced setbacks, Astaldi remains committed to delivering high-quality projects and maintaining its position as a prominent player in the global construction industry
Company Type
Public Company
Company Size
10,001+
Year Founded
1922
Brand collections
View allLogos
Colors
Fonts
Images
Our mission is to keep every brand on-brand everywhere 👋
All services online