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ASTALDI COMPANY PROFILE, June 2017
Company presentation
ASTALDI COMPANY PROFILE, June 2017
10.0 10.213.3 13.8
17.819.5
2011A 2012A 2013A 2014A 2015A 2016A
HIGHLIGHTSHIGHLIGHTS
� Leading global player in transport infrastructure, operating in high-growthend-markets (e.g. roads and motorways, railways and undergrounds, ports
and airports)
� Specialized EPC contractor providing fully “integrated offer”
� Strong track record on successful large and complex projects execution
� World class technical and engineering skills to create innovative solutions
� 53rd International Contractor worldwide(*)
BACKLOG IN EXECUTION (€BN)
KEY FIGURES EVOLUTION KEY FIGURES EVOLUTION
FY 2016 FIGURES BREAKDOWNFY 2016 FIGURES BREAKDOWN
+9%
A LEADING EPC CONTRACTOR…
2016 FY REVENUE AT OVER €3 BN
Rest of Europe 43.9%
Italy 15.7%
America 34.8%
Asia (Middle East) 0.5%Africa (Algeria) 5.1%
2016 FY BACKLOG IN EXECUTION AT OVER €19BN
Construction International28%
Construction Italy 23%
Concessions Italy 8%
Concessions International41%
* 2016 ENR Global Contractor List referring to 2015 consolidated figures
ASTALDI COMPANY PROFILE, June 2017
Chile
Italy
Turkey
Argentina
Panama
Scandinavia
Singapore
Balkans
Cuba
Czech Republic
Georgia
Iran
Mexico
CONSTRUCTION PROJECTS
Algeria
Bolivia
Canada
Chile
Russia
Saudi Arabia
Turkey
U.A.E.
Honduras
Indonesia
Italy
Nicaragua
Oman
Peru
Poland
Romania
U.S.A.
Venezuela
NEW MARKETS CONCESSION PROJECTSSCOUTING MARKETS
WITH GEOGRAPHICAL PRESENCE AND…
ASTALDI COMPANY PROFILE, June 2017
2016 KEY CONSOLIDATED FIGURES:
� REVENUES: MORE THAN € 3 BILLION (+5.2% YOY)
� TOTAL BACKLOG(1): MORE THAN €27 BILLION
� APPROX. 100 PROJECTS IN OVER 20 COUNTRIES
� OVER 11,500 EMPLOYEES
… WITH A BROADLY DIVERSIFIED BUSINESS MODEL
WORLDWIDE RANKINGS(2)
BRIDGE: 3RD CONTRACTOR
MASS TRANSIT & RAIL: 14TH
CONTRACTOR
MOTORWAY: 19TH CONTRACTOR
SUBWAY: 21ST CONTRACTOR
WORLDWIDE RANKINGS(2)
HYDRO PLANTS: 5TH
CONTRACTOR
WORLDWIDE RANKINGS(2)
HEALTHCARE: 19TH CONTRACTOR
TRANSPORT
INFRASTRUCTURES
ENERGY
HEALTHCARE
MAJOR ONGOING PROJECTS:
I-405 MOTORWAY (US)GEBZE-ORHANGAZI-IZMIR MOTORWAY (TURKEY)BRENNER RAILWAY TUNNEL (ITALY)NAPLES-BARI HS/HC RAILWAY (ITALY)
MAJOR ONGOING PROJECTS:
MUSKRAT FALLS HYDRO PLANT (CANADA),UPPER CISOKAN PUMPED STORAGE POWER PLANT (INDONESIA)
MAJOR ONGOING PROJECTS:
ETLIK INTEGRATED HEALTH CAMPUS IN ANKARA (TURKEY)E-ELT (CHILE)WEST METROPOLITAN HOSPITAL IN SANTIAGO (CHILE)
MAJOR ONGOING PROJECTS:
NEW HOSPITALS IN ITALYNEW RAILWAYPROJECTS IN ITALY
MAJOR PROJECTS IN OPERATION:
ARTURO MERINO BENÌTEZ INTERNATIONAL AIRPORT IN SANTIAGO (CHILE)THIRD BRIDGE ON BOSPHORUS (TURKEY)GEBZE-ORHANGAZI-IZMIR MOTORWAY (TURKEY)
MAJOR ONGOING PROJECTS:
TUSCANY HOSPITALS (ITALY)WEST METROPOLITAN HOSPITAL IN SANTIAGO (CHILE)ETLIK INTEGRATED HEALTH CAMPUS IN ANKARA (TURKEY)NEW HOSPITAL IN VENICE-MESTRE (ITALY)RELAVES MINING PROJECT (CHILE)
Notes: (1) Total backlog includes €19.5 billion of backlog in execution and €7.9 billion of orders in pipeline; (2) 2016 ENR Sourcebooks – rankings on FY 2015 consolidated revenues.
PLANT DESIGN & ENGINEERING
CONSTRUCTION
TRANSPORT
INFRASTRUCTURE
CIVIL & INDUSTRIAL
BUILDINGWATER & ENERGY
CONCESSION
O&MCONCESSION
PARTICIPATIONS
ASTALDI COMPANY PROFILE, June 2017
SPECIALIZED EPC CONTRACTOR PROVIDING FULLY “INTEGRATED OFFER”
Astaldi addresses the market by developing complex and integrated initiatives (design, construction, operation), with solid expertise and highly specialised human resources.
ORIGINATION ENGINEERING CONSTRUCTION FINANCING OPERATION & MAINTENANCE
ASTALDI COMPANY PROFILE, June 2017
STRONG TRACK RECORD OF SUCCESSFUL COMPLEX PROJECT EXECUTION
TRACK RECORDTRACK RECORD RECENTLY COMPLETED PROJECTSRECENTLY COMPLETED PROJECTS
3rd Bridge on Bosphorus (Northern Marmara Highway Project) – Turkey
� $3bn+ investment for the entire project
� 1st longest and widest hybrid bridge at worldwide level
� Opened to the public on August 26th, 2016
Izmit Bay Bridge (Gebze-Orhangazi-Izmir Motorway Project) – Turkey
� $7bn investment for the entire project
� 4th longest suspension bridge worldwide
� Completed in April 2016
Warsaw Subway Line 2 (Lot 1) – Poland
� €800m investment
� New subway line of 6 km in length and 7 stations
� Completed in March 2015
Pulkovo International Airport in Saint Petersburg – Russia
� €710m investment� The most important airport in the Baltic Region with a transport
capacity of 14,000,000 passengers/ year� Completed in 2015
Western High-Speed Diameter in Saint Petersburg – Russia
� €2.2bn investment
� 12km section, with 5.3km viaducts on sea and 2 cable-stayed bridges
� Completed in December 2016
4,565 KM OF RAILWAYS
185 KM OF UNDERGROUNDS
15,000 KM OF ROADS & MOTORWAYS
200 KM OF TUNNELS
160 KM OF BRIDGES AND VIADUCTS
6,000 MW OF INSTALLED CAPACITY
33 HYDROELECTRIC POWER PLANTS
68 DAMS
80 AQUEDUCTS
25.700.000 M3 OF CIVIL BUILDINGS
20 HOSPITALS
8,900 BEDS
19 AIRPORTS
17,200 PARKING SPACES
ASTALDI COMPANY PROFILE, June 2017
CONCESSIONS SECTOR
Starting from Italy, where in 2008 it successfully completed the first Hospital in PPP, Astaldi has carefully selected further PF/PPPopportunities in the healthcare, transport, energy and mining sectors in specific countries (Italy, Chile, Turkey).
Astaldi strengthened its role in the greenfield concession segment by leveraging on its experience in the construction sector. AstaldiConcessioni (100% owned by Astaldi) was created in 2010.
Through its Dual Integrated Construction-Concession Model – that integrates the traditional construction activities with concessions –Group supports business growth and profitability and enhance cash-flow stability.
SEGMENT : TRANSPORT
COUNTRY: ITALY, TURKEY, CHILE
MOTORWAYS
� TOTAL OF 720 KM OF MOTORWAYS
UNDERGROUNDS
� TOTAL OF 40
OF WHICH, IN OPERATION:
� 13 KM
� 19 STATIONS
AIRPORTS
� 1, WITH A MAX. CAPACITY OF 30 MILLION
PAX/YEAR
CONCESSION INVESTMENTS
SEGMENT: ENERGY AND MINING
COUNTRY: CHILE
ENERGY – IN OPERATION
� 1 HYDROELECTRIC PLANT
� 557 GWH/YEAR OF GENERATED CAPACITY
� 111 MW OF INSTALLED POWER
MINING – IN OPERATION
� 1 MINING PLANT
� 3,200 TONS/YEAR OF COPPER
SEGMENT: HEALTHCARE
COUNTRY: ITALY, TURKEY, CHILE
HEALTHCARE
� 6,700+ HOSPITAL BEDS
� 17,200+ PARKING SPACES
OF WHICH, IN OPERATION:
� 2,700+ HOSPITAL BEDS
� 5,600+ PARKING SPACES
ASTALDI COMPANY PROFILE, June 2017
O&M ACTIVITIES
Hard Maintenance
Heat/Energy Plants
Commercial ServicesParking lot Operation and Maintenance,
Catering & Vending Services, Rent of Commercial Areas
Non-medical support services
(healthcare sector)ICT services / Laboratory & Radiology /
Sterilization services
Other servicesAutomated Transport Systems,
Safety & Security, Reception &
Contact Center
Healthcare ServicesElectromedical Services
Hotel ServicesCleaning/Laudry and provision of
workwear and other textiles/
Catering/ Disposal & Recycling)
ASTALDI COMPANY PROFILE, June 2017
SYSTEMS, RENEWABLE ENERGY, FACILITY MANAGEMENT AND MAINTENANCE
NBI Impianti ed Energia and Sartori Tecnologie Industriali are the Group’s Companies specialized in these sectors
• ENGINEERING SYSTEMS
• FACILITY MANAGEMENT
• RENEWABLE ENERGY
• INDUSTRIAL MAINTENANCE
• METALWORK PRODUCTION FOR CIVIL
INFRASTRUCTURES AND CONSTRUCTION
Turn-key plants of any size and type, cutting-edge solutions for complex systems, clean energy, micro-cogeneration, engineering and innovative control systems for air quality in confined spaces (healthcare centers, airports, fair centers)
Specialized in the assembly of machines and equipmentand in machinery hoisting operations performed in criticalsituations or in particularly narrow settings
ASTALDI COMPANY PROFILE, June 2017
� Consolidated risk control and management processes
� A centralized "knowledge hub" to serve all new initiatives in all geographies, in order to achieve...
� ...consistent best practice approach from bidding to delivery at a Global level
CONSOLIDATED ORGANIZATIONAL STRUCTURE
CEOBUSINESS
DEVELOPMENT
AmericasEurope andMiddle East
AstaldiConcessioni
Administrationand Finance
Turkey & South East
Italy & Algeria
Engineering &IndustrialServices
PMO – PROJECT
MANAGEMENT OFFICE
HSE - HEALTH,SAFETY, ENVIRONMET
PROJECT CONTROL
QA/QC -QUALITY ASSURANCE AND CONTROL
TENDER AND PREQUALIFICATIONS
PROCUREMENT
DESIGN/ENGINEERING
• Support and Monitoring throughout theentire business Process
• Efficient and timely response to all businessneeds through specialized staff
• Allows a smooth transition in all the Project Phases from Tender\Planning to Commissioning\Handing Over
Engineering & Industrial Services
Staff~ 100
ASTALDI COMPANY PROFILE, June 2017
� Project selection based on established multi-step and multi-review process.� Risk management function supported by internally developed models and procedures..
DISCIPLINED APPROACH TO PROJECT SELECTION AND RISK
RISK MANAGEMENT PROCESS
IDENTIFY “TOP
RISKS”IDENTIFY “TOP
RISKS”COUNTRY RISK
REPORTING
COUNTRY RISK
REPORTING
BUSINESS PLAN
REPORTING
BUSINESS PLAN
REPORTING
DEVELOP AND
MAINTAIN SOLID
RISK MODULES
DEVELOP AND
MAINTAIN SOLID
RISK MODULES
RISK BACK
ANALYSIS
RISK BACK
ANALYSIS
RISK ADJUSTED
FINANCIAL
FORECAST
RISK ADJUSTED
FINANCIAL
FORECAST
Strategico F inanziario
Compliance Operativo
Astaldi
Universo
dei Rischi
Fiscalità
Struttura
Finanziaria
Mercato
Liquidità
e crediti
A ssicurazioni
Sistemi
Informativ i
Forza
Maggiore
Risorse
Umane
Procurement
Ambiente,
salute e sicurezzaInfrastrutture
/ OpereManageriale
Costruzione
Tecnico
Progettazione
Comunicazione
esterna ed immagine
aziendale
Fusioni,
A cquisizioni,
DisinvestimentiCorporate Governance
Sviluppo
Iniziative /
Offerte
Pianificazione e
Allocazione
Risorse
Dinamiche di
Mercato
Contesto
Legale e
Contrattuale
Leggi e
Normative
Regolame nti
Interni
Reportistica
Contabilità Inv estor
Relations
Strategico F inanziario
Compliance Operativo
Astaldi
Universo
dei Rischi
Fiscalità
Struttura
Finanziaria
Mercato
Liquidità
e crediti
A ssicurazioni
Sistemi
Informativ i
Forza
Maggiore
Risorse
Umane
Procurement
Ambiente,
salute e sicurezzaInfrastrutture
/ OpereManageriale
Costruzione
Tecnico
Progettazione
Comunicazione
esterna ed immagine
aziendale
Fusioni,
A cquisizioni,
DisinvestimentiCorporate Governance
Sviluppo
Iniziative /
Offerte
Pianificazione e
Allocazione
Risorse
Dinamiche di
Mercato
Contesto
Legale e
Contrattuale
Leggi e
Normative
Regolame nti
Interni
Reportistica
Contabilità Inv estor
Relations
VERYVERYLOWLOW
LOWLOW
MODERATEMODERATE
HIGHHIGH
VERYVERYHIGHHIGH
VERYLOW
LOW
MODERATE
HIGH
VERYHIGH
EBIT@RISK
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
ATTENTION LEVEL
1 2 3
6 5 4
PROJECT SELECTION PROCESS
MANAGEMENT DISCUSSIONS IN A CLOSING MEETING WITH 2/3 LAYERS OF MANAGEMENT
DEPENDING UPON SIZE ETC
FIN
AL
BID
CORPORATE RISK MANAGEMENT DIRECTOR REVIEW
RIS
K
AN
AL
YS
ISF
EA
SIB
ILIT
Y
COUNTRY/AREA LEADERS
SIGNAL POTENTIAL PROJECTS
TO BID ON
COUNTRY/AREA LEADERS
PREPARE AN INTERNAL FORM
FORM REVIEWED AND
AUTHORIZED BY ASTALDI
MANAGEMENT
INTERNAL CONTROL EXTERNAL QUALITY INSPECTOR
MO
NIT
OR
ING
STRATEGIC
REVIEW
TECHNICAL
REVIEW
FINANCIAL
REVIEW
ECONOMIC
REVIEW
COMPLIANCE
REVIEW
PR
OJ
EC
T
RE
VIE
WS
ASTALDI COMPANY PROFILE, June 2017
� ASTALDI has adopted an Integrated Management System – Quality, Safety, Environment – conforming to the international Standards:
ISO 9001:2008 “Quality Management Systems”, ISO 14001:2004 “Environmental Management Systems”, BS OHSAS 18001:2007
“Occupational Health and Safety Management Systems” concerning the activities of Project Management, design and construction of
major civil engineering works, transport infrastructures, hydraulic works, including dams and hydroelectric power plants, Project Financing
and General Contracting too.
DISCIPLINED APPROACH TO QUALITY, SAFETY AND ENVIRONMENT
12
QHSE MANAGEMENT SYSTEM CERTIFICATES� The integrated system has
been certified by «DNV GL».
ASTALDI COMPANY PROFILE, June 2017
OPERATION & MAINTENANCEASTALDI’S EXPERTISE IN
ASTALDI COMPANY PROFILE, June 2017
ASTALDI – O&M SECTORHealthcare projects
KEY MILESTONES
�1,500,000 SQM OF AREAS
�6,700 BEDS
Etlik Healthcare Campus in Ankara, Turkey
1,000,000 sq.m of areas
Western Metropolitan Hospital In Santiago, Chile
540 beds130,000 sq.m of areas
Venice-MestreHospital, Italy
680 beds140,000 sq.m of areas
Four Hospitals in TuscanyItaIy
2,000 beds280,000 sq.m of Areas
ASTALDI COMPANY PROFILE, June 2017
O&M ACTIVITIES
Hard Maintenance
Heat/Energy Plants
Commercial ServicesParking lot Operation and Maintenance,
Catering & Vending Services, Rent of Commercial Areas
Non-medical support services
(healthcare sector)ICT services / Laboratory & Radiology /
Sterilization services
Other servicesAutomated Transport Systems,
Safety & Security, Reception &
Contact Center
Healthcare ServicesElectromedical Services
Hotel ServicesCleaning/Laudry and provision of
workwear and other textiles/
Catering/ Disposal & Recycling)
ASTALDI COMPANY PROFILE, June 2017
23,000,000Laboratory Analysis/year
7,000,000 Kg of linen/year
4,500,000Meals/year
2,500,000 Kg of special waste/year
O&M “SOFT” ACTIVITIES
About 80% of provided activities is due to “soft” services or non-hard maintenance activities
(1of2)
ASTALDI COMPANY PROFILE, June 2017
135,000Support calls/year
45,000Electromedical Services
17,000 mqCommercial Areas
6,000Parking lots P
(2of2)
P
O&M “SOFT” ACTIVITIES
ASTALDI COMPANY PROFILE, June 2017
CASE STUDY: WESTERN METROPOLITAN HOSPITAL(Chile)
Client
COMMIS-SIONINGHand-over risk reduced by a complete control of both construction and operation phases NBI
Sub
Contractors
Sub
Contractors
Service
Providers
Service
Providers
NBI
SPV
70%
30%
EPC contract
100%
O&M activities
75%
25%
ASTALDI COMPANY PROFILE, June 2017
Image Gallery
ASTALDI COMPANY PROFILE, June 2017
THIRD BRIDGE ON BOSPHORUS – Turkey
� The longest and widest hybrid bridge in the world
� The bridge with the tallest towers in the world
� Completed in only 3 years
ASTALDI COMPANY PROFILE, June 2017
WARSAW SUBWAY LINE 2 – Poland
� The stations are relevant from an architectural, as well as an engineering viewpoint.
� The soil was literally sliced using a freezing technique which involves the use of liquid nitrogen
ASTALDI COMPANY PROFILE, June 2017
BRENNERO RAILWAY TUNNEL – Italy
� The longest underground railway connection in the world is being built.
ASTALDI COMPANY PROFILE, June 2017
MILAN SUBWAY LINE 5 – Italy
� Fully automated system (driverless system), which places Line 5 at the forefront in Europe.
� The 1st project finance in Italy and one of the first in Europe, developed in the urban transport sector.
� “European Transport (Light Rail) Deal of the Year” international award won in 2007.
ASTALDI COMPANY PROFILE, June 2017
IZMIT BAY BRIDGE – Turkey
� The 4th longest suspension bridge in the world
� A suspension bridge with a central span of 1,550 metres
ASTALDI COMPANY PROFILE, June 2017
CHACAYES HYDROELECTRIC POWER PLANT – Chile
� A run-of-river driver plant, generating totally renewable clean energy.
ASTALDI COMPANY PROFILE, June 2017
� Europe’s largest health care complex.
� 3,600 hospital beds divided into 8 healthcare facilities.
� Construction area of about 1,100,000 square meters.
ETLIK INTEGRATED HEALTH CAMPUS IN ANKARA – Turkey
ASTALDI COMPANY PROFILE, June 2017
EUROPEAN EXTREMELY LARGE TELESCOPE (E-ELT) – Chile
� The largest optical telescope in the world (mirror Ø: 39.3 m)
� Focus capability 100,000,000 times better than the human eye
� It is being built on the Cerro Armazones, at an altitude of 3,000
ASTALDI COMPANY PROFILE, June 2017
ARTURO MERINO BENÍTEZ INTERNATIONAL AIRPORT – Chile
� The 6th largest airport in South America
� Potential expansion up to 45 million of passengers per year.
ASTALDI COMPANY PROFILE, June 2017
Rome-Naples High-Speed Railway | Location: Italy
TRANSPORT INFRASTRUCTURES
Anatolian Motorway | Location: Turkey
Gebze-Orhangazi-Izmir Motorway | Location: Turkey Northern Marmara Motorway and 3rd bosphorus bridge | Location: Turkey
Warsaw Subway Line 2 | Location: PolandNaples Subway Line 2 (Toledo Station) | Location: Italy Jonica National Road, Lot DG-21 | Location: Italy
ASTALDI COMPANY PROFILE, June 2017
Nacaome Valley RCC Dam | Location: Honduras
Balambano Hydroelectric Project | Location: Indonesia
WATER AND ENERGY
Chacayes Hydroelectric Power Plant | Location: Chile | under management Huanza Hydroelectric Project | Location: Peru
Inga Hydroelectric Project – phase 1 and phase 2 | Location: DR Congo
Pont Ventoux Hydroelectric Power Plant | Location: Italy Cerro del Àguila Hydroelectric Project | Location: Peru
ASTALDI COMPANY PROFILE, June 2017
Rho-Pero Expo Fair Centre in Milan | Location: Italy
New Hospital in Venice-Mestre | Location: Italy | under management
CIVIL AND INDUSTRIAL BUILDINGS
Lia Manoliu National Stadium in Bucharest | Location: Romania Pulkovo International Airport | Location: Russia, Saint Peterburg
Four Hospitals In Tuscany | Location: Italy | under management
ASTALDI COMPANY PROFILE, June 2017
Milan Subway Line 5 | Location: Italy
PLANT ENGINEERING AND FACILITY MANAGEMENT
Milas-Bodrum International Airport | Location: Turkey
Poste Italiane Data Center in Turin | Location: Italy
New Hospital In Naples | Location: Italy
Buddusò –Alà dei Sardi wind farm | Location: Italy
COOP Adriatica Photovoltaic plant | Location: Italy
ASTALDI COMPANY PROFILE, June 2017
New Hospital in Venice-Mestre | Location: Italy | under management
CONCESSION SECTOR
Chacayes Hydroelectric Power Plant | Location: Chile | under management
New Hospital in Pistoia (Ospedale San Jacopo) | Location: Italy | under management
Milan Subway Line 5 | Location: Italy | under management
ASTALDI COMPANY PROFILE, June 2017
AWARD-WINNING PROJECTS
CONCEPCION HYDRO PROJECT | HONDURAS
1991 INGERSOLL-RAND ITALIA
NAPLES SUBWAY LINE 1, TOLEDO STATION | ITALY
ITA TUNNELING AWARD 2015
LEAF AWARD 2015 AND 2013
INGA 1&2 HYDROELECTRIC PROJECTS | DEMOCRATIC REPUBLIC OF THE CONGO
1975 INGERSOLL-RAND ITALIA
FOUR HOSPITALS IN TUSCANY | ITALY
PROJECT FINANCE DEALS OF THE YEAR 2012 -
EUROPEAN HEALTHCARE AWARD
NEW HOSPITAL IN VENICE-MESTRE | ITALY
2005 PFI AWARDS - EMEA PPP DEAL OF THE YEAR
MILAN SUBWAY LINE 5 | ITALY
EUROMONEY PROJECT FINANCE AWARDS 2007 –
EUROPEAN TRANSPORT (LIGHT RAIL) DEAL OF THE YEAR
CHACAYES HYDROELECTRIC POWER PLANT | CHILE
POWER GEN INTERNATIONALS PROJECT OF THE YEAR
2012 - BEST HYDRO PROJECT OF THE YEAR
EXPO FAIR CENTRE IN MILAN (RHO-PERO) | ITALY
2007 INTERNATIONAL ARCHITECTURE AWARD
TR
AN
SP
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INF
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RU
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CIV
IL&
IN
DU
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RIA
L
BU
ILD
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S
RE
NE
WA
BL
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/ W
AT
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& E
NE
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ETLIK HOSPITAL, ANKARA | TURCHIA
2015 BONDS & LOANS AWARD - STRUCTURED
FINANCE DEAL OF THE YEAR
ASTALDI COMPANY PROFILE, June 2017
HEADQUARTERS
Astaldi S.p.A
Via Giulio Vincenzo Bona n. 65
00156 Rome – Italy
www.astaldi.com