ASTALDI : NEW ORDER IN THE USA FOR 108 MILLION DOLLARS

ASTALDI, NEW ORDER IN THE USA FOR 108 MILLION DOLLARS

Rome, 15 January 2018 - Astaldi announces it has been awarded the US$ 108 million contract to build a section of the Wekiva Parkway in Florida (United States).

The new contract calls for building 8 kilometres of a new motorway along the State Road 429 - State Road 46 (Wekiva Parkway, Section 7A), including 12 bridges and all the related works. The works have an expected duration of just over 5 years, with start-up beginning in the first quarter of 2018.

The Customer is the Florida Department of Transportation (FDOT - District 5), the American government agency charged with developing the transport infrastructure system in the State of Florida. The works will be financed with FDOT funds. The works will be performed by Astaldi Construction Corporation (ACC), an Astaldi Group investee devoted to developing the American market.

The Astaldi Group has been in the United States for about 30 years, through its investee ACC, which operates mainly in states on the East Coast (Florida) and the West Coast (California). The most important contract underway is the US$ 1.2 billion project for widening and modernisation of 22 kilometres of Interstate 405 in California, one of the most complex jobs currently being done in the country.

The United States is one of the areas of greatest interest for the Group's planned growth in the years to come, and this new contract marks a major success for Astaldi and for consolidating its presence there.

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Astaldi Group is one of Italy's leading General Contractors, and among Europe's top 25 firms in the construction industry, where it also works as a sponsor of project finance initiatives. An international player for 90 years, it addresses the market by developing complex and integrated initiatives in the field of designing, building, and operating public infrastructures and large-scale civil engineering works, mainly in the areas of Transport Infrastructures, Energy Production Plants, Civil and Industrial Construction, Facility Management, Plant Engineering, and Management of Complex Systems. Listed on the stock market since 2002, it ended the 2016 financial year with a total order backlog of over EUR 27 billion and turnover of more than EUR 3 billion. It boasts more than 11,500 employees and operates mainly in Italy, Europe (Poland, Romania and Russia) and Turkey, Africa (Algeria), North America (Canada and the USA), Latin America, the Middle East (Saudi Arabia) and the Far East (Indonesia).

FOR FURTHER INFORMATION:ASTALDI

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Alessandra Onorati / Anna Forciniti External Relations and Investor [e-mail]

Italian Media: IMAGE BUILDING Tel. [phone]

Simona Raffaelli / Alfredo Mele / Ilaria [e-mail]

International Media: FINSBURY Edward Simpkins

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