Monaco
Monaco S.p.A. is a privately-held Italian construction company founded in 1945, headquartered in Rome, specializing in large public infrastructure works — water/sewer networks, roads, airports, underground TBM microtunneling, and hydraulic systems — delivered exclusively via competitive tenders to Italian government entities and public utilities.
- Company typePrivate
- Founded1945
- HeadquartersRome, Italy
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Monaco does
Monaco S.p.A. is a privately-held Italian construction company founded in 1945 and headquartered in Rome, operating as one of the most specialized medium-sized Italian enterprises (medie imprese italiane) in large infrastructure works. The company delivers projects through eight core service lines: airport infrastructure (Aeroporti), cabling and electrical systems (Cavidotti e Impianti), water and waste-to-energy treatment (Depurazione), building construction (Edilizia), hydraulic infrastructure (Idraulica), road infrastructure (Infrastrutture Stradali), 24/7 water and sewer network maintenance (Manutenzione Reti), and underground works (Opere in Sotterraneo). Its technical core lies in NO-DIG / trenchless methods, including Tunnel Boring Machine excavation, large-diameter microtunneling (up to DN 4000), Cement Mortar Lining, UV-liner, and relining for pipe rehabilitation, alongside conventional mechanical excavation, jet-grouting, micropiles, and pressed/driven piling. Operational logistics for 24/7 network maintenance are managed through SAP ECC and SAP WM enterprise systems.
Monaco's go-to-market is exclusively B2G (Business-to-Government), with 100% of revenue generated through competitive public tenders issued by Italian government entities and public utilities. Its customer base comprises major Italian public-sector organizations including ACEA ATO 2 (water/sewer maintenance, contracts exceeding €173M combined), Publiacqua (€83M+ combined), ANAS (road infrastructure including the E78 Grosseto-Fano, A32 seismic retrofit, and Smart Roads framework), Aeroporti di Roma (Fiumicino terminal and infrastructure maintenance), Terna (HVDC Italy-France interconnection cabling), RFI (railway underpass construction), CONI (Olympic Stadium lighting), regional governments (Lazio, Sardinia, Piedmont, etc.), and the Ministry of Health (Spallanzani hospital restoration). Revenue is project-based with no recurring subscription or licensing layer; contracts are one-time per award, often structured as multi-year framework agreements. Pricing is determined by competitive bidding and is publicly documented through tender disclosures.
The company carries over 15 international certifications spanning quality (ISO 9001), environment (ISO 14001, ISO 14064-1), occupational health and safety (ISO 45001), anti-bribery (ISO 37001), road safety (ISO 39001), energy management (ISO 50001), information security (ISO 27001), asset management (ISO 55001), social accountability (SA 8000), sustainable procurement (ISO 20400), and diversity (ISO 30415). It is a signatory of the UN Global Compact and received the EcoVadis Platinum Medal in 2024, placing it in the top 1% of infrastructure construction companies globally by ESG performance. Registered capital stands at €5,800,000 (P.IVA 01560691006), headcount is in the 101–250 range, and operations span at least eight Italian regions.
Monaco firmographics
Firmographics- Name
- Monaco
- Legal name
- Monaco S.p.A.
- Website
- https://monacospa.com
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Monaco S.p.A. is a privately-held Italian construction company founded in 1945, headquartered in Rome, specializing in large public infrastructure works — water/sewer networks, roads, airports, underground TBM microtunneling, and hydraulic systems — delivered exclusively via competitive tenders to Italian government entities and public utilities.
- Ownership category
- akta.pro rank
Monaco industry classification
Industry- Product category
- Civil Engineering and Heavy Infrastructure Construction
- NAICS
- Utility System Construction (2371), Construction (23)
- akta.pro primary industry
- Interchanges, Ramps & Flyovers Construction (IMAFAEAD)
- akta.pro secondary industry
- Airport Terminal & Aviation Facilities Building Construction (IMAFACAL)
Keywords
Where Monaco is headquartered
LocationHeadquarters
- HQ city
- Rome
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Monaco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Public Infrastructure Construction Contracts: Monaco S.p.A. generates revenue exclusively through awarded public works contracts. The company bids on large-scale infrastructure projects issued by government entities and public utilities. Major ongoing contracts include ACEA ATO 2 network maintenance (over €170M combined), Publiacqua maintenance (over €83M combined), and ANAS road infrastructure projects. Revenue is project-based, one-time per contract.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Monaco product offering
Product offeringCore offering
Monaco S.p.A. is an Italian mid-sized construction enterprise that delivers large-scale civil engineering and infrastructure projects for public clients, including water and sewage networks, road and motorway infrastructure, airports, underground works, hydraulic infrastructure, and public buildings. The company acquires all work through competitive public tenders with Italian public entities (ANAS, ACEA, Publiacqua, Aeroporti di Roma, Terna, RFI, regional governments) and operates 24/7 network maintenance services via SAP-supported dispatch.
Product overview
Monaco S.p.A. is an Italian construction company established in 1945, specializing in large infrastructure projects. The company operates as a multi-service construction firm offering eight core service areas: Aeroporti (airport infrastructure), Cavidotti e Impianti (cablings and electrical systems), Depurazione (water treatment and waste-to-energy), Edilizia (building construction), Idraulica (hydraulic infrastructure), Infrastrutture Stradali (road infrastructure), Manutenzione Reti (network maintenance), and Opere in Sotterraneo (underground works). These services are delivered through project-based contracts with public and private clients across Italy, with particular expertise in complex civil engineering projects including highways, water networks, and underground infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Aeroporti (Airport Infrastructure)
Quantifiable outcome
- Network maintenance contracts valued at over €256M combined (ACEA + Publiacqua)
- +3 more outcomes
Companies that use Monaco
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles4 records
Monaco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Monaco partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered not specified.
- ITINERAnot specifiedITINERA is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- MAEGnot specifiedMAEG is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- MATILDInot specifiedMATILDI is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- PATOnot specifiedPATO is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- SIELTEnot specifiedSIELTE is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- SPOSATOnot specifiedSPOSATO is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- TUBOSIDERnot specifiedTUBOSIDER is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- VITTADELLOnot specifiedVITTADELLO is listed as a partner company of Monaco S.p.A. No additional details on the nature of the partnership are provided on the company website.
- Consorzio Imprese Riunite Scarlnot specifiedConsorzio Imprese Riunite Scarl is listed as a category of data recipients in the Privacy Policy, indicating some form of consortium or collaborative relationship with Monaco S.p.A. for data processing purposes in the context of candidate evaluation.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Monaco competitors and assessment
Company assessmentDirect peers
- Ghella: Italian family-owned contractor specializing in tunneling and underground works, with deep TBM expertise comparable to Monaco's microtunneling capability. Active in transport, hydraulic, and metro infrastructure projects across Italy and internationally, making it the closest technical peer.
- CMC Ravenna: Italian cooperative infrastructure contractor active in transport infrastructure, water works, and civil engineering. Comparable mid-to-large scale with similar exposure to public tender procurement in Italy.
- Itinera: Italian mid-sized infrastructure contractor explicitly listed as a partner company of Monaco S.p.A., with comparable scale and focus on transport infrastructure, roads, and civil engineering works for public clients.
- Salcef Group: Italian specialized infrastructure company focused on railway construction, maintenance, and related civil works. Comparable mid-sized public-contractor profile with strong presence in Italian transport infrastructure tenders where Monaco also competes.
- Vittadello: Italian mid-sized civil contractor listed as a partner company of Monaco. Comparable in scale and profile, focused on public infrastructure works including roads, viaducts, and civil engineering for Italian public clients.
- Toto Group: Italian civil and infrastructure construction group with comparable profile to Monaco, executing roads, tunnels, hydraulic works, and major public infrastructure projects across Italy.
Broad incumbents
- Webuild: Italy's largest infrastructure contractor (formerly Salini Impregilo), with overlapping capabilities in roads, bridges, tunnels, hydraulic works, and water infrastructure. Competes with Monaco on large public tenders but operates at a fundamentally larger scale and international footprint.
- Pizzarotti: Major Italian general contractor with extensive infrastructure and civil works capabilities, including roads, bridges, hydraulic works, and building construction. Larger than Monaco but competes in overlapping public tender categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Monaco social profiles
Digital presenceMonaco compliance and trust
Trust signalCompliance12 records
Monaco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monaco leadership team
Management profileNumber of profiles
Profiles1 record
Monaco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monaco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monaco
What does Monaco do?
Monaco S.p.A. is an Italian mid-sized construction enterprise that delivers large-scale civil engineering and infrastructure projects for public clients, including water and sewage networks, road and motorway infrastructure, airports, underground works, hydraulic infrastructure, and public buildings. The company acquires all work through competitive public tenders with Italian public entities (ANAS, ACEA, Publiacqua, Aeroporti di Roma, Terna, RFI, regional governments) and operates 24/7 network maintenance services via SAP-supported dispatch.
Is Monaco a public or private company?
Monaco is a private company. It is classified as family owned and is currently operating.
When was Monaco founded?
Monaco was founded in 1945. It employs 101 to 250 people.
Where is Monaco based?
Monaco is headquartered in Rome, Italy, in the Europe region.
How does Monaco make money?
One revenue line is on record: public Infrastructure Construction Contracts.
Who are Monaco's main competitors?
Direct peers on record are Ghella, CMC Ravenna, Itinera, Salcef Group, Vittadello and Toto Group. Broad incumbents are Webuild and Pizzarotti.
Does Monaco have an API?
No public API is recorded for Monaco.
What industry is Monaco in?
Monaco's product category is Civil Engineering and Heavy Infrastructure Construction. Its primary akta.pro industry code is IMAFAEAD, Interchanges, Ramps & Flyovers Construction, with a secondary code of IMAFACAL, Airport Terminal & Aviation Facilities Building Construction. Its NAICS code is 2371.