Italiana Costruzioni

What Italiana Costruzioni does

Italiana Costruzioni S.p.A. is an Italian general construction company founded in 1975 and headquartered in Rome, with a secondary office in Milan. It operates across five divisions: Civil Works (Opere Civili) for commercial, residential, healthcare, educational, and industrial construction; Real Estate Development (Sviluppo Immobiliare); Infrastructure (Infrastrutture) covering roads, railways, bridges, and metros; Historical Restoration (Restauro) of heritage and cultural buildings; and International Projects (Estero). Revenue is generated almost entirely through project-based construction contracts won via public tender or direct private negotiation, with no recurring or subscription-style pricing.

The company has executed landmark projects including the €245M UN Geneva Palace of Nations renovation (2019, ~€70M share in JV with CMB and CSC/Salini Impregilo), a 70% stake in the Doha Metro Red Line JV with Qatar Railways, the €58M Turin Metro Line 1 extension as Capogruppo of a four-firm consortium, the €90.5M Fondazione RIMED biotechnology center in Palermo, and a 27-year concession through CISAR Milano SpA for the Città della Salute e della Ricerca hospital campus serving two IRCCS institutions. The client base is dominated by public-sector and institutional counterparties (ANAS, Italian regional governments, the United Nations, IRCCS hospitals, Fondazione ENPAM, Qatar Railways), supplemented by private developers such as Reale Immobili.

The group wholly owns ICI Italiana Costruzioni Infrastrutture S.p.A. and holds 96.4% of Fratelli Navarra S.r.l. (heritage restoration). As of September 29, 2025, Italiana Costruzioni filed for the Procedura di composizione negoziata della crisi under the Italian Crisis Code, appointed Prof. Riccardo Tiscini as Independent Expert, and is conducting competitive sales of its business complex and the Fratelli Navarra stake, indicating the company is in active financial restructuring rather than steady-state operation.

Name

Italiana Costruzioni

Legal name

Italiana Costruzioni S.p.A.

Website

https://italianacostruzionispa.it

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

51–100 employees

Short description

Italiana Costruzioni is an Italian civil engineering and construction company (founded 1975, Rome) delivering public infrastructure, real estate, heritage restoration, and international projects across five divisions to government and institutional clients.

Ownership category

akta.pro rank

Product category

Civil Engineering & Construction Services

NAICS

Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF)

akta.pro secondary industries

Healthcare Facility Construction (Hospitals, Clinics, Labs) (IMAFACAD), Sports & Recreation Facility Construction (Stadiums, Arenas, Community Centers) (IMAFACAI)

Keywords

• Civil engineering construction
• Infrastructure construction services
• Real estate development
• Historical building restoration
• Public works contracting

Headquarters

HQ city

Roma

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Construction contracting: Project-based construction contracting for civil works, infrastructure, real estate development, and restoration projects. Revenue generated through public tenders and private contracts for building construction, renovation, and infrastructure development.

Distribution channels1 record

Marketing channels1 record

Core offering

Italiana Costruzioni S.p.A. is an Italian general construction contractor delivering civil works, public infrastructure, real estate development, and historical building restoration across Italy and select international markets. Operations are organized into five service divisions: Civil Construction Works (commercial, residential, healthcare, educational, industrial, and administrative buildings), Real Estate Development, Infrastructure (roads, railways, bridges, metro systems), Historical Restoration of heritage assets, and International Projects (highways, metro, archaeological works) in Serbia, Qatar, Switzerland, Turkey, and Lebanon. Revenue is generated through public tenders, direct private contracts, and consortium-based project execution.

Product overview

Italiana Costruzioni S.p.A. is an Italian general construction company offering a comprehensive portfolio of construction services through five main divisions: Civil Works (Opere Civili) covering commercial, residential, healthcare, educational, and industrial construction; Real Estate Development (Sviluppo Immobiliare) for property development; Infrastructure (Infrastrutture) for roads, railways, and metro systems; Historical Restoration (Restauro) for heritage preservation; and International Projects (Estero) for overseas construction contracts. The company operates throughout Italy and internationally in markets including Serbia, Qatar, Switzerland, Turkey, and Lebanon.

Differentiator

Problem solved

Functional benefit

Products and services

• Opere Civili (Civil Construction Works) General civil construction works delivered for Italian public-sector and private clients, covering commercial buildings, hotels, residential complexes, healthcare facilities, educational institutions, industrial plants, and administrative facilities. Sub-categories listed by the company include hospitality/tourism/mobility (Aeroporto di Firenze, ALDI stores, ATAC stations, Centro Commerciale Castel Romano, Hotel Aldrovandi, Torino Porta Nuova station, Pegaso student housing), residential (Centro Polifunzionale di Fiumicino, Residenze Il Chiostro Milano, Giustiniano Imperatore urban requalification), healthcare/education/research (IULM Campus, Centro Bio-Medico PRABB, Poliambulatorio Bambino Gesù, Città della Salute e della Ricerca Sesto San Giovanni), culture/sport (MAXXI Museum, EXPO 2015 pavilions, Unicredit Pavilion, Centro Sportivo Romanina), industrial plants (Alstom Sesto San Giovanni, Fiat Cassino/Melfi/Serbia, Ferrari Maranello, Ferragamo logistics), government/judicial/police facilities (Carabinieri barracks, Guardia di Finanza, Nuova Corte d'Appello, Rebibbia prison, Fiera Milano), and existing-building works (Banca d'Italia, post-L'Aquila-earthquake reconstruction of multiple condominiums, ENPAM Foundation requalification).
• Sviluppo Immobiliare (Real Estate Development) Development of residential and commercial real estate complexes, including property acquisition, development, and construction management. Example project: Complesso residenziale "Antica Roma" in Roma.
• Infrastrutture (Infrastructure Construction) Construction of public infrastructure including roads, railways, bridges, and metro systems. Notable projects include the Doha Metro Red Line (executed in a 70% JV with Salini Impregilo, SK E&C, and Galfar Al Misnad) and the Torino Metro Line 1 extension Lotto 1 (€58M, via an Italian consortium led by ICI Italiana Costruzioni Infrastrutture as Capogruppo with Aleandri, Monaco, and Gimac Holding). Domestic projects include the Sassari-Olbia lane adaptation for ANAS and the Lioni-Grottaminarda fast road for Regione Campania.
• Restauro (Historical Restoration) Restoration and conservation of historical and cultural heritage buildings, including churches, palaces, museums, and monuments. Capability is concentrated in the acquired subsidiary Fratelli Navarra S.r.l. (held 96.4%), which focuses on historical building restoration, conservation works, and urban requalification. Domestically, restoration includes the €7.1M renovation at Via Brisa 5 - Via Ansperto in Milan for Reale Immobili S.p.A. and several post-L'Aquila-earthquake 2009 reconstruction projects. Internationally, restoration expertise contributes to the €245M consortium contract (with ~€70M Italiana Costruzioni share) for the renovation of the United Nations Palace of Nations in Geneva.
• Estero (International Projects) International construction projects delivered abroad by Italiana Costruzioni through local branches and joint ventures, covering highways in Serbia (including a JV with Amiga doo Kraljevo for the Novi Sad Science and Technology Park), the Doha Metro Red Line in Qatar (70% JV share within the ISG consortium with Salini Impregilo, SK E&C, and Galfar Al Misnad), the €245M renovation of the UN Palace of Nations in Geneva, Switzerland (consortium contract signed 15 November 2019), and archaeological projects in Turkey and Lebanon.

Named customers7 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major and minor.

• Aleandri Spa, Monaco Spa, Gimac Holding srlmajorStrategic or Co-development PartnerJoint venture for Metro Torino Line 1 extension (Lotto 1) - Italiana Costruzioni Infrastrutture Spa as Capogruppo leading the RTV (Raggruppamento Temporaneo) consortium for €58 million project
• CMB Società Cooperativa Muratori e Braccianti di Carpi, CSC Impresa Costruzioni SA (Salini Impregilo group)majorStrategic or Co-development PartnerJoint venture for UN Geneva Palace renovation - €245 million contract signed November 15, 2019, with 46-month duration
• Gemmo SpA, ISA SpA, Tamco SrlmajorStrategic or Co-development PartnerATI (Associazione Temporanea di Imprese) for Fondazione RIMED biotechnology center - €90.5 million project in Carini, Palermo
• Società Italiana per Condotte d'Acqua SpA, INSO Sistemi SpA, Zephyro SpA (Gruppo Edison)majorStrategic or Co-development PartnerCISAR Milano SpA consortium for Città della Salute e della Ricerca - 27-year concession contract for healthcare facility development in Sesto San Giovanni
• Amiga doo KraljevominorStrategic or Co-development PartnerSerbian branch JV for Novi Sad Science and Technology Park construction
• Qatar Railways Company / ISG JV (Salini Impregilo, SK E&C, Galfar Al Misnad)majorStrategic or Co-development PartnerDoha Metro Red Line project - Italiana Costruzioni Spa holds 70% share in joint venture for metro construction

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• CMB Società Cooperativa Muratori e Braccianti di Carpi: Cooperativa-based Italian general contractor executing large public and private construction projects, including heritage restoration and infrastructure. Co-partner with Italiana Costruzioni on the UN Geneva Palace renovation and competes for the same pool of Italian public tenders.
• Società Italiana per Condotte d'Acqua S.p.A. Historic Italian general contractor in infrastructure, hydraulic works, and public concessions. Co-partner with Italiana Costruzioni in the CISAR Milano SpA concession for Città della Salute; similarly diversified across infrastructure and buildings.
• Vianini Lavori S.p.A. Italian civil engineering and infrastructure contractor with a long track record in roads, railways, and public works. Comparable in scale, customer profile (ANAS, Italian regions), and reliance on public tenders.
• Toto S.p.A. Italian general contractor with strong infrastructure and civil works portfolio, including transport and public buildings. Comparable in size and segment mix; competes for similar public tenders in central and southern Italy.
• Webuild (formerly Salini Impregilo): Italy's largest general contractor active in infrastructure, metro, and large public-works projects. Direct competitor and JV partner (via CSC Impresa Costruzioni SA) on the UN Geneva Palace renovation; closely comparable in scope, customer base, and project delivery model.
• INSO Sistemi S.p.A. Italian contractor specialized in healthcare facility construction and complex public buildings. Direct overlap with Italiana Costruzioni's healthcare segment (RIMED, Città della Salute) and a co-partner in the CISAR Milano concession.

Emerging players

• Gemmo S.p.A. Italian specialist in electrical and mechanical systems for complex public buildings, healthcare, and infrastructure. Co-partner with Italiana Costruzioni on the RIMED biotechnology center; smaller in general construction scope but competes in the same end-markets.

Broad incumbents

• Trevi Group: Italian specialty contractor in foundations, underground works, and civil infrastructure. Adjacent in metro/railway work and public-sector contracting, though more specialized in geotechnical engineering than full general contracting.
• Pizzarotti S.p.A. Large, established Italian general contractor active in infrastructure, civil, and international works. Competes for the same mega-projects and concessions (e.g., ANAS, motorways, healthcare concessions) but operates at significantly larger scale.
• Itinera S.p.A. Italian infrastructure and construction group (part of ASTM) focused on transport infrastructure, civil works, and concessions. Comparable customer base (public sector, motorway operators) and project types but larger and concession-led.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ici-italiana-costruzioni-infrastrutture

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Italiana Costruzioni