Cobar Spa

What Cobar Spa does

Cobar Spa (legal name Costruzioni Barozzi S.p.A.) is a privately-held Italian construction and heritage restoration general contractor headquartered in Altamura (Apulia), founded in 1983 by Vito Matteo Barozzi and operating under the direction and coordination of parent company Victus Horizon Srl. The company executes three integrated service lines: Restauro (heritage restoration of monuments, cathedrals, theaters, and historic buildings including the Colosseum, Teatro San Carlo, Palazzo Barberini, and Basilica di San Benedetto in Norcia), Infrastrutture (public infrastructure including the Caserma Farinati military facility in Taranto for the Italian Navy and Bus Rapid Transit in Bari), and Edilizia (residential and urban regeneration including the Eco-Quartiere Ponticelli with 104 housing units in Naples). Underlying methods combine traditional restoration craftsmanship with modern seismic reinforcement, energy-efficiency upgrades, and contemporary construction techniques; Cobar also operates a digital supplier registry (Albo Fornitori e Trasparenza) launched in November 2024.

Cobar generates revenue through project-based contracts awarded via Italian public procurement processes and direct negotiation with public and private clients. Pricing is not publicly disclosed; contracts are negotiated individually based on scope and complexity. The go-to-market is enterprise field sales targeting the Ministry of Culture, the Italian Navy, municipal governments (notably Naples, L'Aquila, Taranto, Reggio Calabria), and private clients including cultural and religious institutions. The firm self-reports over 300 collaborators, more than 500 completed projects, more than 10 industry certifications (including ISO standards and UNI PdR 125 gender equality), and €8,000,000 fully paid-in share capital. Notable commercial credentials include a Top 20 ranking in Il Sole 24 Ore's private-market construction league table (2018) and recognition as the largest construction company in Southern Italy by Rapporto Guamari/Milano Finanza (2025). The firm operates exclusively in Italy across six regions, with no disclosed international footprint.

Name

Cobar Spa

Legal name

COSTRUZIONI BAROZZI S.p.A. (COBAR S.p.A.)

Website

https://cobarspa.it

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Cobar Spa is an Italian privately-held construction and heritage restoration general contractor founded in 1983, serving the Ministry of Culture, the Italian Navy, and municipal governments across Italy through three service lines: heritage restoration, public infrastructure, and building construction.

Ownership category

akta.pro rank

Product category

Construction & Heritage Restoration Services

NAICS

Commercial and Institutional Building Construction (236220), Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Hospitality & Entertainment Venue Construction (IMAFACAC)

Keywords

• Heritage restoration services
• Infrastructure construction projects
• Building construction services
• Cultural heritage conservation
• Public works contracting

Headquarters

HQ city

Altamura

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Construction and Restoration Services: Project-based revenue from construction, restoration, and infrastructure projects for government agencies, public institutions, and private clients. Revenue generated through direct contracts, public procurement bids, and direct engagement with clients. The company acts as a general contractor executing complex restoration and construction projects.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Cobar Spa is a general contractor that executes heritage restoration (Restauro), infrastructure construction (Infrastrutture), and building construction (Edilizia) projects across Italy. Services span monument conservation, structural rehabilitation, military facility construction, public works, residential and commercial building, and urban regeneration, primarily for government entities, public institutions, military authorities, cultural heritage bodies, and private clients through direct contracts and public procurement.

Product overview

Cobar Spa is a unified construction and restoration company operating three core service lines: Restauro (heritage restoration of monuments and historic buildings), Infrastrutture (infrastructure construction including military facilities and public works), and Edilizia (residential and commercial construction). The company also operates a digital platform called Albo Fornitori e Trasparenza for supplier management. All services are delivered through the company's own workforce of over 300 collaborators across Italy.

Differentiator

Problem solved

Functional benefit

Products and services

• Restauro (Heritage Restoration)

Quantifiable outcome

• Over 500 projects completed
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Zaha Hadid ArchitectscoreStrategic or Co-development PartnerCollaboration on the Museo del Mediterraneo project in Reggio Calabria. Zaha Hadid Architects designed the museum, and Cobar Spa is executing construction works. This is a flagship project for the company featuring internationally renowned architectural design.
• Victus Horizon SrlcoreOthersParent company that exercises direction and coordination (Direzione e Coordinamento) over Cobar Spa. Cobar is a single-member company (Società con Socio Unico) under the control of Victus Horizon Srl.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Itinera SpA: Italian construction company part of the ASTM Group, active in infrastructure, civil works, and building construction across Italy. Comparable as a peer bidding on public tenders in transportation, urban regeneration, and institutional building construction.
• CMC Ravenna: Italian cooperative general contractor executing major infrastructure and building construction projects. Comparable as an Italian competitor pursuing public tenders in infrastructure and nonresidential building construction.
• Italiana Costruzioni SpA: Italian construction firm active in public works, infrastructure, and restoration. Comparable as a domestic competitor in the Italian general construction and public-procurement market.
• Todini Costruzioni SpA: Italian general contractor focused on infrastructure, transport, and public building projects. Comparable as a domestic competitor in the Italian public construction market with similar mid-to-large scale tendering activity.
• Consorzio Stabile Italia Costruzioni: Italian construction consortium executing public infrastructure, restoration, and building construction. Comparable as a peer bidding on Italian public tenders with overlap in restoration and nonresidential construction.
• Grandi Lavori Fincosit SpA: Italian general contractor specializing in large public infrastructure, transportation, and building construction. Comparable as a domestic competitor bidding on the same Italian public procurement tenders in infrastructure and building construction.

Broad incumbents

• Ghella SpA: Italian general contractor with infrastructure and public building operations across Italy and internationally. Comparable as a domestic peer in Italian public construction, though Ghella is significantly larger and more internationally diversified than Cobar.
• Pizzarotti & C. SpA: Long-established Italian general contractor with national presence in infrastructure, civil works, and public buildings. Comparable as a domestic peer competing for similar public construction contracts though at larger scale and broader portfolio.
• Webuild SpA (formerly Salini Impregilo): Italy's largest general contractor, executing large infrastructure, public buildings, and heritage-related works nationally and globally. Comparable as a major Italian construction firm competing for the same public tenders, though at significantly larger scale and broader scope than Cobar's heritage-and-construction focus.

Others

• Renzo Piano Building Workshop: Internationally renowned Italian architectural firm with significant heritage restoration and public building portfolio. Comparable as a participant in high-profile Italian cultural heritage and museum projects alongside contractors like Cobar, though operating in design rather than construction execution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/cobar
• LinkedInlinkedin.com/company/cobar-spa

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Cobar Spa