MAIRE MAIRE FY24 EUR 5.5 bn +38.6% backlog EUR 13.8 bn + Saipem SPM FY24 EUR 14.5 bn +23% backlog EUR 34.1 bn + Bonatti + Rosetti Marino, Saipem7 merger H2 2026 dual Milan/Oslo.
Italian EPC industrial-plant workforce against MAIRE S.p.A. (formerly Maire Tecnimont; Borsa Italiana MAIRE; FY2024 revenue EUR 5.5 bn +38.6%; EBITDA EUR 300.7 m +43.7%; backlog EUR 13.8 bn; 2024 order intake EUR 4.7 bn — EUR 458.9 m NEXTCHEM / Sustainable Tech Solutions + EUR 4.2 bn Integrated E&C; subsidiaries Tecnimont + KT-Kinetics Technology + NEXTCHEM + MET Development + Stamicarbon), Saipem S.p.A. (Borsa Italiana SPM; FY2024 revenue EUR 14.5 bn +23% YoY; EBITDA adj. EUR 1.3 bn +44%; net income EUR 306 m +70%; backlog EUR 34.1 bn record; 2024 order intake EUR 18.8 bn; Saipem + Subsea7 binding merger agreement July 2025 forming Saipem7 — HQ Milan dual-listed Milan/Oslo; combined revenue ~EUR 21 bn EBITDA >EUR 2 bn backlog EUR 43 bn at completion H2 2026), Bonatti S.p.A. (Parma-based privately held EPC for oil & gas pipelines and plants; ~8,500 employees globally; IPLOCA Excellence in Project Execution runner-up 2024), and Rosetti Marino S.p.A. (Ravenna-based EPC/offshore fabrication; secured $428 m offshore contract 2024-25 cycle; co-contractor with Saipem + MICOPERI on Snam Adriatic FSRU works delivery November 2024) — KT-Kinetics Technology hydrogen units for Eni Venice Refinery Porto Marghera (EPC contract for two hydrogen production lines) + MET Development + Eni + Iren Ambiente (authorisation kick-off February 2024 for circular methanol/hydrogen plant at Eni Sannazzaro de' Burgondi Pavia using NEXTCHEM NX Circular technology) + Snam Adriatic FSRU mooring platform off Ravenna (Saipem + Rosetti Marino + MICOPERI consortium; completion November 2024) + MAIRE US$1.3 bn EPC petrochemical contract (kick-off March 2026; export-oriented). D.Lgs. 36/2023 + MISE/MASE permitting + Decreto Legge 19/2020 + Codice Civile Art. 1676 + D.Lgs. 276/2003 Art. 29 + INPS/INAIL + CCNL Metalmeccanica + CCNL Edilizia + ANAC + CSN (Consiglio di Sicurezza Nucleare) for nuclear scope.
Request Technical BriefingRegulator exposure profile
- D.Lgs. 36/2023 + ANAC + MISE/MASE24%
- Codice Civile Art. 1676 + 276/03 Art. 2928%
- CCNL Metalmeccanica + Edilizia24%
- D.Lgs. 81/2008 + ATEX + INAIL24%
Refinery + H2 + petchem EPC ladder.
Italian EPC industrial-plant ladder: civil + foundations through process-piping + mechanical + E&I + commissioning — anchored by MISE/MASE permitting + CSN for nuclear + Cassa Edile for site labour.
▲ Process ready
- Mechanical completion fulfilled
Process commissioning
- UNI EN ISO 9606-1
- PED Cat II-IV
- EN 1090 EXC3+
- E&I + DCS integration fulfilled
Instrument loop-check
- ATEX 2014/34/UE
- CCNL Metalmeccanica
- IEC 61511 SIL
- Piping + mechanical fulfilled
Pipe + steel erect
- CCNL Metalmeccanica
- WPQR scope
- INAIL
- Civil + foundations fulfilled
Concrete + earthworks
- CCNL Edilizia 2025-2028
- Cassa Edile/CNCE
- D.Lgs. 81/2008
▼ Civil ground works
Named projects in this jurisdiction
- KT-Kinetics Technology hydrogen units for Eni Venice Refinery Porto Marghera (EPC contract for two hydrogen production lines) KT-Kinetics Technology / Eni
- MET Development + Eni + Iren Ambiente (authorisation kick-off February 2024 for circular methanol/hydrogen plant at Eni Sannazzaro de' Burgondi Pavia using NEXTCHEM NX Circular technology) + MAIRE US$1.3 bn EPC petrochemical contract (kick-off March 2026 export-oriented) MET Development + Eni + Iren / MAIRE 2024
- Snam Adriatic FSRU mooring platform off Ravenna (Saipem + Rosetti Marino + MICOPERI consortium; completion November 2024) Saipem + Rosetti Marino + MICOPERI / Snam 2024
- MAIRE S.p.A. (formerly Maire Tecnimont; MAIRE Borsa Italiana; FY24 EUR 5.5 bn +38.6%; subs Tecnimont + KT-Kinetics + NEXTCHEM + MET Development + Stamicarbon) + Saipem S.p.A. (SPM; FY24 EUR 14.5 bn +23%; merging with Subsea7 forming Saipem7 H2 2026 dual Milan/Oslo) + Bonatti S.p.A. (Parma private ~8,500 emp) + Rosetti Marino S.p.A. (Ravenna; $428 m offshore 2024-25) MAIRE + Saipem + Bonatti + Rosetti Marino
Italian EPC: MAIRE (MAIRE; FY24 EUR 5.5 bn +38.6%; backlog EUR 13.8 bn; Tecnimont + KT-Kinetics + NEXTCHEM + MET + Stamicarbon), Saipem (SPM; FY24 EUR 14.5 bn +23%; Saipem7 H2 2026 dual-listed), Bonatti (Parma private), Rosetti Marino (Ravenna). KT Eni Porto Marghera H2 + MET Sannazzaro circular Feb 2024 + Snam FSRU Nov 2024 + MAIRE US$1.3 bn Mar 2026. D.Lgs. 36/2023 + Art. 1676 + 276/03 Art. 29 + CCNL govern.
01. Pre-pricing — CCNL Metalmeccanica + Edilizia + Cassa Edile
E&I/piping under CCNL Metalmeccanica. Civil under CCNL Edilizia 2025-2028. Cassa Edile / CNCE per blue-collar worker.
02. A1 + UNI_Distacco_UE + ATEX pre-deployment
A1 portable document per posted worker. UNI_Distacco_UE notification via Ministero del Lavoro before D-1. ATEX 2014/34/UE + IEC 61511 SIL per E&I worker.
03. INPS + INAIL + ANAC + MASE onboarding
INPS social security + INAIL accident insurance. ANAC BDNCP supervision. MASE environmental permitting per refinery/H2/petchem.
04. INPS + ITSS-defensible evidence pack
Minimum pack: Italy-bank-traceable remuneration, Italian-language contract, A1 receipt, UNI_Distacco_UE receipt, CCNL reconciliation, Cassa Edile + UNI EN ISO 9606-1 + PED Cat II-IV NB cert per worker.
05. India and Gulf sourcing corridors — the Italy EPC pathway
Indian Larsen & Toubro Heavy Engineering + Gulf ADNOC/ARAMCO/Saipem/Bechtel-Riyadh pools route through D.Lgs. 36/2023 + CCNL Metalmeccanica + UNI EN ISO 9606-1 + ATEX audit-grade chain-of-custody against MAIRE, Saipem, Bonatti, or Rosetti Marino EPC scopes.