Vianini Lavori

What Vianini Lavori does

Vianini Lavori S.p.A. is an Italian civil engineering and construction company, founded in 1890 and headquartered in Rome, controlled since 1984 by Gruppo Caltagirone. The company executes large-scale public infrastructure projects across six core verticals: railways (high-speed lines, track doubling, station construction), metro systems (underground stations, tunnels, archaeo-stations in dense urban environments), road infrastructure (highways, tunnels, bridges, Olympic-event variants), civil/industrial/sports construction (arenas, hospitals, university campuses, waste-to-energy plants), integrated water cycle works (aqueducts, dams, treatment plants), and maritime works (port terminals, quays). Its customer base is overwhelmingly governmental, including Roma Metropolitane, Rete Ferroviaria Italiana (RFI), ANAS, regional authorities, water utilities, and port authorities, supplemented by institutional clients such as Politecnico di Milano and Istituti Fisioterapici Ospitalieri, and a notable private commercial contract with Eventim for the Arena Milano Santa Giulia.

The company's technical capabilities center on complex underground and surface works. Key technical components include Tunnel Boring Machine (TBM/EPB) excavation, with equipment such as the 15.62m-diameter TBM Martina deployed on the A1 Variante di Valico; deep diaphragm wall construction to 85m depth using hydrofraise equipment; and specialized archaeological integration techniques, exemplified by the archaeo-station approach on Metro C di Roma. The firm operates through Consorzio Stabile Eteria, a strategic consortium formed in 2021 with Gruppo Gavio's Itinera (40.45%), I.CO.P. (9.10%), and Sinelec (5.00%); Vianini Lavori holds 45.45% and is the consortium's largest single member, enabling participation in projects too large for any individual member.

The business model is B2G infrastructure contracting: revenue is generated through awarded public and private construction contracts, recognized over project duration based on completion milestones. Operating revenues grew from €76.3 million in 2022 to €301.4 million in 2024 (+137% YoY) and reached approximately €590 million in 2025, with 26 active commissions and a work portfolio valued at €2.7 billion as of 2025. Go-to-market is exclusively via competitive public tenders and government procurement, often through consortium structures, with no published pricing. Leadership comprises CEO Vincenzo Onorato (appointed June 2021) and, since April 17, 2026, Chair Elena De Simone; the post-2021 strategic repositioning under Onorato catalyzed the company's revenue acceleration.

Name

Vianini Lavori

Legal name

Vianini Lavori S.p.A.

Website

https://vianinilavori.it

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

101–250 employees

Short description

Vianini Lavori is an Italian civil engineering contractor, founded 1890 and part of Gruppo Caltagirone, delivering large-scale public infrastructure—metros, railways, roads, water, and maritime works—primarily for Italian government clients via public tenders and the Consorzio Stabile Eteria consortium.

Ownership category

akta.pro rank

Product category

Civil Engineering & Infrastructure Construction

NAICS

Heavy and Civil Engineering Construction (237), Other Heavy and Civil Engineering Construction (237990), Utility System Construction (2371), Water and Sewer Line and Related Structures Construction (23711)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Tunnels & Underground Rail Civil Construction (IMAFAFAE)

Keywords

• Civil engineering construction
• Infrastructure construction services
• Railway construction
• Metro construction
• Water infrastructure works

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Contracts: Revenue is generated through awarded public and private infrastructure construction contracts. The company serves as general contractor or consortium member for large-scale projects including metros, railways, highways, civil buildings, water infrastructure, and maritime works. Revenue recognition occurs over project duration based on completion milestones. For 2024, operating revenues reached €301.4 million.
2. Strategic Consortium Participation: Through Consorzio Stabile Eteria, the company participates in larger infrastructure projects that would be difficult to secure individually, sharing risks and revenues with consortium partners.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Vianini Lavori S.p.A. is a general construction company specializing in large-scale civil engineering and infrastructure projects across Italy. The company executes six core categories of work: railways, metro systems, roads, civil/industrial/sports buildings, integrated water cycle infrastructure, and maritime works, serving as general contractor or consortium member through public tenders awarded by government and institutional clients.

Product overview

Vianini Lavori S.p.A. is a general construction company specializing in large-scale civil engineering and infrastructure projects. The company operates through six core product categories: (1) Ferrovie (Railway Construction) for high-speed and conventional rail lines; (2) Metropolitane (Metro Systems) including underground stations and driverless metro lines; (3) Strade (Road Infrastructure) covering highways, tunnels and bridges; (4) Edilizia Civile, Industriale e Sportiva (Civil, Industrial and Sports Construction) for arenas, hospitals, universities and industrial facilities; (5) Ciclo Idrico Integrato (Integrated Water Cycle) including aqueducts, dams and water infrastructure; and (6) Opere Marittime (Maritime Works) for port construction. The company is part of Consorzio Stabile Eteria and executes projects throughout Italy, often involving technically complex underground and surface infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Ferrovie (Railway Construction) Design and construction of railway infrastructure, including high-speed rail lines, track doubling, railway node upgrades, and related civil works such as tunnels, bridges, and viaducts. Targeted at national and regional railway authorities.
• Metropolitane (Metro Systems) Construction of metropolitan subway systems including underground stations, tunnels, and driverless metro lines, often involving archaeological preservation and complex urban excavation. Targeted at metropolitan and municipal transport authorities.
• Strade (Road Infrastructure) Design and construction of roads, highways, motorways, tunnels, bridges, and road variants, including works for major events such as the Milano Cortina 2026 Olympics. Targeted at national road authorities and regional governments.
• Edilizia Civile, Industriale e Sportiva (Civil, Industrial and Sports Construction) Construction of civil, industrial, and sports buildings including arenas, hospitals, university campuses, fairgrounds, and waste-to-energy plants. Targeted at government, institutional and enterprise clients.
• Ciclo Idrico Integrato (Integrated Water Cycle) Water infrastructure including aqueducts, dams, water treatment plants, desalination facilities, tunnels, and hydraulic engineering works. Targeted at water utilities and regional authorities.
• Opere Marittime (Maritime Works) Construction and modernization of port infrastructure including quays, terminals, and maritime facilities. Targeted at port authorities.

Quantifiable outcome

• Revenue growth of 137% year-over-year to €301.4 million in 2024
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Consorzio Stabile EteriacoreStrategic or Co-development Partner · 1 January 2021Consorzio Stabile Eteria was established in 2021 as a strategic alliance between Gruppo Caltagirone (via Vianini Lavori) and Gruppo Gavio (via Itinera). Vianini Lavori holds 45.45%, Itinera 40.45%, I.CO.P. 9.10%, and Sinelec 5.00%. The consortium enables participation in large infrastructure projects across Italy, positioning as a major player in the Italian construction market.
• Itinera (Gruppo Gavio/ASTM)coreStrategic or Co-development Partner · 1 January 2021Itinera is part of Gruppo Gavio/ASTM, one of Italy's largest transportation infrastructure groups. It holds 40.45% of Consorzio Stabile Eteria. The partnership combines Itinera's expertise with Vianini Lavori's capabilities for major infrastructure projects.
• I.CO.P. S.p.A.minorStrategic or Co-development PartnerI.CO.P. (Impresa Costruzioni Opere Pubbliche) is a highly specialized national construction company that joined Consorzio Stabile Eteria, holding 9.10% stake. It contributes specialized expertise to the consortium's capabilities.
• Sinelec (Gruppo Gavio)minorStrategic or Co-development PartnerSinelec, part of Gruppo Gavio, holds 5.00% of Consorzio Stabile Eteria. The company specializes in railway electrification and systems, complementing the consortium's construction capabilities.
• WebuildcoreChannel Partner/ Reseller/ DistributorWebuild is the lead partner with Vianini Lavori in Metro C S.c.p.A., the consortium executing the Metro C di Roma project. Webuild handles major civil works while Vianini Lavori serves as a key consortium member.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Impresa Pizzarotti & C. S.p.A. Major Italian general contractor in heavy civil engineering, transportation infrastructure, and public works. Comparable in scale, customer base (Italian public entities), and execution of large-scale metro and road projects.
• Webuild (formerly Salini Impregilo): Italy's largest infrastructure contractor and lead partner in Metro C Roma alongside Vianini Lavori. Both compete for and co-execute large metro, rail, and tunneling projects under Consorzio Stabile arrangements, with comparable technical capabilities in TBM-based underground works.
• I.CO.P. S.p.A. Consortium partner in Consorzio Stabile Eteria (9.10% stake). I.CO.P. is a specialized Italian infrastructure contractor with overlapping capabilities in tunneling, foundations, and heavy civil works for public clients.
• CMC Ravenna (Cooperativa Muratori e Cementisti): Italian heavy civil contractor historically involved in major infrastructure projects including metros, highways, and water systems. Comparable scale and customer base in Italian public works, though currently undergoing restructuring.
• Toto Costruzioni Generali S.p.A. Italian general contractor with significant presence in heavy civil, transportation, and energy infrastructure. Overlaps with Vianini in highway, rail, and large public works projects across Italy.
• CMB (Cooperativa Muratori e Braccianti di Carpi): Italian construction cooperative operating in civil, industrial, and infrastructure works. Comparable in market positioning for mid-large public infrastructure projects across Italy.
• Ghella S.p.A. Italian tunneling and underground infrastructure specialist with strong TBM capabilities comparable to Vianini's. Both compete for large metro and rail tunnel contracts, with overlapping technical differentiators in complex underground excavation.
• Itinera (Gruppo Gavio / ASTM): Core consortium partner in Consorzio Stabile Eteria (40.45% stake). Itinera is a major Italian highway, rail, and civil infrastructure contractor with overlapping customer base (ANAS, RFI, regional authorities) and similar project portfolio.

Broad incumbents

• Strabag SE: Major European construction group with strong presence in transportation infrastructure, tunneling, and civil engineering. Comparable technical capabilities in underground works and similar customer base in public infrastructure projects.
• VINCI Construction: Global heavy civil and infrastructure contractor operating across Europe with extensive capabilities in metro, rail, and tunneling projects. Overlaps with Vianini in Italian infrastructure market but operates at much larger international scale with broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@vianinilavorispa
• LinkedInlinkedin.com/company/vianini-lavori-s-p-a-
• Instagraminstagram.com/vianinilavorispa

Compliance10 records

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 Vianini Lavori