Ricam Srl

What Ricam Srl does

Ricam Srl, commercially branded as Ricam Group, is an Italian integrated engineering firm tracing its origins to 1972 and reorganized under a new leadership team in 2017 led by CEO Riccardo Baldelli, with the broader Baldelli family (Alessandro, Edoardo and founder Gian Marco) holding principal operating and legal roles. The company delivers multidisciplinary engineering services spanning structural, seismic safety, fire safety, mechanical, electrical, HVAC, piping, process, energy, geotechnical, acoustic, maintenance and architectural disciplines, functioning both as a consulting practice and as an EPC contractor providing end-to-end project accompaniment from preliminary consulting through construction supervision (direzione lavori).

Its core technology stack is anchored on certified BIM (Building Information Modeling) capabilities used to build digital twins and integrated asset management systems, supplemented by advanced non-destructive analysis and monitoring instrumentation for seismic vulnerability assessments and structural diagnostics. The firm also runs Ricam Academy, a training-focused subsidiary that has developed VR-based training programs with partners.

Commercially, Ricam monetizes engineering professional services across four primary verticals — Industrial Manufacturing (Oil & Gas, Chemical, Pharmaceutical, Food & Beverage, Semiconductors, Waste Treatment), Infrastructure, Real Estate, and Public Sector — with a dedicated High-Risk Industrial / Seveso compliance practice as a specialist overlay. The customer base spans more than 600 active clients including municipal governments (e.g., Comune di Cinisello Balsamo, Comune di Siziano, Comune di Caronno Pertusella) and industrial players (e.g., Tappezzeria Nautica, a Lombardy textile firm). Pricing is project-based and tailored via multi-year contracts, with free preliminary analyses used as a top-of-funnel acquisition lever. Distribution is direct enterprise sales plus public procurement participation, with four physical offices in Italy (Grumello del Monte HQ, Milan, Bari, Brescia) and a limited international footprint indicated by project references in Paris, London and Dortmund.

Name

Ricam Srl

Legal name

Ricam S.r.l.

Website

https://ricamgroup.it

Company type

Private

Founded year

1972

Operating status

Operating

Short description

Ricam Srl (Ricam Group) is an Italian integrated engineering firm, founded 1972 and under new leadership since 2017, delivering multidisciplinary structural, seismic, fire, mechanical, electrical, HVAC, piping, process, energy and maintenance engineering to industrial, infrastructure, real estate and public sector clients across Italy.

Ownership category

akta.pro rank

Product category

Integrated Engineering Services

NAICS

Engineering Services (54133), Architectural, Engineering, and Related Services (5413), Engineering Services (541330), Professional, Scientific, and Technical Services (54)

SIC

Services-Engineering Services (8711), General Bldg Contractors - Nonresidential Bldgs (1540), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Civil & Structural Engineering Consulting (BPAHAIAA)

akta.pro secondary industries

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF), Systems Engineering & Technical Program Management (BPAHAIAI)

Keywords

• Structural engineering services
• Seismic safety consulting
• Industrial engineering design
• BIM asset management
• EPC contracting

Headquarters

HQ city

Grumello Del Monte

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering Consulting Services: Integrated engineering services including structural design, seismic safety consulting, fire engineering, energy efficiency, and maintenance engineering. Services span from technical consulting to construction supervision (direzione lavori).
2. EPC Contracting: General contractor services where Ricam curates interventions directly, providing end-to-end project delivery to reduce client burdens.
3. BIM and Digital Services: Building Information Modeling services, 3D digital twins, and reverse engineering for asset management and maintenance planning.
4. Safety and Compliance Services: Seveso compliance services, safety reports, emergency plans, and HSE audits for industrial facilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Ricam S.r.l. is an Italian integrated engineering firm that delivers multidisciplinary engineering, architectural, and consulting services for civil, industrial, infrastructure, and real estate projects. Operating as an EPC contractor, the company accompanies clients through every project phase from technical consulting and feasibility studies through detailed design, construction supervision (direzione lavori), and maintenance planning. Service offerings span structural engineering, seismic safety, fire safety engineering, HVAC, electrical, mechanical and piping engineering, process engineering, energy and acoustic engineering, geotechnical and diagnostic services, BIM-based digital asset management, Seveso compliance, and architecture.

Product overview

Ricam Srl (Ricam Group) is an integrated engineering company offering comprehensive engineering services across multiple disciplines. Founded in 1972 and under new leadership since 2017, the company provides multidisciplinary solutions including structural engineering, seismic safety, fire safety, electrical engineering, HVAC, mechanical engineering, piping, process engineering, energy services, geotechnical engineering, acoustic engineering, and maintenance engineering. The company operates as an EPC (Engineering, Procurement, Construction) contractor serving industrial, residential, commercial, public, and infrastructure sectors. They are BIM certified and utilize Building Information Modeling technology for integrated asset management. Services range from technical consulting and design to construction management and maintenance planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Fire Safety Engineering (Antincendio) Fire engineering services for fire safety, regulatory compliance, and asset protection for industrial, civil, and infrastructure clients.
• Architecture (Architettura) Architectural design services with emphasis on design innovation, aesthetic quality, and environmental sustainability for civil and real estate projects.
• BIM (Building Information Modeling) Digital Asset Management Certified BIM operator delivering 3D digital twins and integrated digital solutions for comprehensive asset management, enabling detailed information retrieval on every element for structural maintenance planning.
• Process Engineering (Ingegneria di Processo) Engineering solutions for efficiency, safety, and sustainability of industrial plants across Oil & Gas, chemical, pharmaceutical, and other process sectors.
• Diagnostic Engineering (Diagnostica) Diagnostic engineering services for assessment of buildings and infrastructure, supporting maintenance decisions and structural health evaluation.
• Electrical Engineering (Ingegneria Elettrica) Integrated electrical design, energy efficiency, and technological safety services for industrial, civil, and infrastructure projects.
• Energy Engineering (Energia) Advanced services for energy efficiency, sustainability, and integration of renewable energy sources into buildings and industrial facilities.
• Geotechnical Engineering (Geotecnica) Design, analysis, and verification of soil-structure interactions for civil, infrastructural, and industrial works.
• HVAC Engineering Integrated design of HVAC systems for buildings and facilities, with focus on efficiency, indoor health, and sustainability.
• Maintenance Engineering (Ingegneria della Manutenzione) Strategic roadmap for valuing, preserving, and extending the useful life of building and plant assets through structured maintenance planning.
• Mechanical Engineering (Ingegneria Meccanica) Design, modeling, and verification of mechanical systems for industrial, civil, and infrastructure sector clients.
• Piping Engineering Integrated piping design for safe and efficient industrial plants, particularly in process-intensive sectors.
• Seveso Compliance Services Engineering services for high-risk facilities under the Seveso Directive, including risk analysis, safety reports, MAPP, SGS-PIR, PEI/PEE emergency plans, and Seveso inspection preparation.
• Safety Engineering (Sicurezza) Safety and risk assessment services for protecting companies, personnel, and the environment across industrial operations.
• Seismic Safety (Antisismica) Seismic safety services including structural design, verification, and adaptation, leveraging advanced non-destructive analysis and monitoring instrumentation for seismic vulnerability assessment of buildings and industrial facilities.
• Structural Engineering (Ingegneria Strutturale) Structural engineering services providing solidity, precision, and vision for construction projects across industrial, civil, and infrastructure sectors.
• Acoustic Engineering (Acustica) Solutions for acoustic comfort, regulatory compliance, and sound impact mitigation across building and industrial applications.
• EPC Contracting (General Contractor Services) General contractor service offering in which Ricam curates interventions directly and provides end-to-end project delivery to reduce client burdens across industrial, infrastructure, and real estate projects.

Quantifiable outcome

• Up to 80% tax deduction on seismic improvement expenses within 96,000 euro ceiling
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Aiman (Associazione Italiana della Manutenzione)coreStrategic or Co-development PartnerRicam is a partner of Aiman, the Italian Maintenance Association. They contribute monthly columns to Aiman's magazine explaining the importance of engineering applied to civil infrastructure maintenance. This partnership supports their positioning as certified maintenance experts and thought leaders in the maintenance field.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Technital: Italian engineering consultancy providing multidisciplinary design, project management, and supervision services across transport, water, and infrastructure — closely mirrors Ricam's integrated engineering and construction supervision offering.
• Manens-Tifs: Italian integrated engineering firm with multidisciplinary civil, structural, mechanical, electrical, and environmental capabilities serving industrial, energy, and infrastructure clients — directly comparable to Ricam's EPC and consulting profile.
• Proger: Italian engineering and project management group delivering integrated EPCM services across infrastructure, energy, and public works — a similar full-lifecycle multidisciplinary competitor, albeit at a larger scale.
• Speri: Italian engineering firm offering structural, civil, and infrastructure design plus construction supervision — comparable in service mix and target public-sector and infrastructure clients.

Emerging players

• AICoTech: BIM-focused digital engineering and asset management specialists in Italy — relevant emerging peer where Ricam's BIM and digital asset management capability intersects with a more software-native delivery model.

Broad incumbents

• Fichtner: German independent engineering and consulting firm focused on energy, infrastructure, and industrial projects — comparable multidisciplinary and EPC-adjacent profile with strong European presence.
• Bureau Veritas: Global testing, inspection, and certification major with significant industrial compliance and asset integrity services — a broader incumbent touching Ricam's regulated industrial compliance and Seveso-adjacent work.
• RINA: Italy-headquartered global testing, inspection, certification, and engineering conglomerate with deep industrial client overlap, including Seveso-adjacent compliance work — a much larger incumbent in adjacent engineering and certification services.
• Tractebel: Belgian-headquartered global engineering consultancy covering energy, water, and infrastructure — relevant reference for Ricam's ambitions in regulated industrial and energy infrastructure engineering.
• Artelia: France-based multidisciplinary engineering, project management, and consulting group with broad industrial, infrastructure, and energy exposure — comparable integrated offering and a relevant international benchmark for Ricam's European expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCvil-oUNAYgrNPiMbHL8QUg
• Facebookfacebook.com/ricamgroupsrl
• LinkedInlinkedin.com/company/ricam-group
• Instagraminstagram.com/ricam.group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Ricam Srl