Webuild Announces Seasoned Leader Gianni De Gennaro as Chairman of Eurolink for Sicily-Calabria Bridge Project

Webuild Announces Seasoned Leader Gianni De Gennaro as Chairman of Eurolink for Sicily-Calabria Bridge Project

(IN BRIEF) Webuild has appointed Gianni De Gennaro as the chairman of Eurolink, the General Contractor responsible for constructing the Sicily-Calabria Bridge in southern Italy. De Gennaro’s selection is based on his extensive experience in both the public and private sectors, as well as his integrity and dedication to security and law enforcement. Previously, he held significant positions such as head of the police force, director general for public security, and chairman of Leonardo (formerly Finmeccanica). The Eurolink consortium, led by Webuild, includes international partners Sacyr, Condotte d’Acqua, CMC, IHI, and Consorzio ACI. This consortium was awarded the public tender due to its expertise in constructing strategic infrastructure, which is expected to drive economic growth in Italy.

(PRESS RELEASE) MILAN, 12-Jul-2023 — /EuropaWire/ — Webuild SpA (OTCMKTS: IMPJY), a global player specialized in the construction of complex infrastructure, is proud to announce the nomination of Gianni De Gennaro as chairman of Eurolink, the General Contractor responsible for the design and construction of the highly anticipated bridge over the Strait of Messina, connecting Sicily and Calabria in southern Italy. As the consortium leader, Webuild recognizes De Gennaro’s distinguished institutional and corporate experience, as well as his unwavering commitment to integrity, transparency, and advancements in security and law enforcement within the country.

Drawing from a wealth of managerial expertise in both the public and private sectors, De Gennaro has garnered extensive knowledge in public institutions, corporate governance, and the banking industry. His notable career includes positions such as head of the police force and director general for public security, chief of staff at the Interior Ministry, and general manager of the Security Intelligence Department (DIS). Moreover, during the government of Mario Monti, De Gennaro served as undersecretary of state before the Council of Ministers, overseeing intelligence and security services. From 2013 to 2020, he served as chairman of Leonardo (formerly known as Finmeccanica) before assuming the role of chairman of Banca Popolare di Bari from 2020 to 2022. Additionally, since 2013, he has held the esteemed position of chairman at Centro Studi Americani.

The Eurolink consortium, led by Webuild, comprises a dynamic group of international partners, including Sacyr (18.7% stake), Condotte d’Acqua (15%), CMC (13%), IHI (6.3%), and Consorzio ACI (2%). This accomplished consortium emerged victorious in the highly competitive public tender process, chosen for their exceptional expertise and dedication to constructing this strategic infrastructure, which is poised to stimulate significant economic growth in the country.

Webuild is delighted to welcome Gianni De Gennaro as chairman of Eurolink, confident that his exceptional leadership and profound industry knowledge will play an instrumental role in successfully delivering the highly anticipated Strait of Messina Bridge, a project of paramount importance for the future of Italy.

Webuild is a global leader in the design and construction of large, complex projects in the sectors of sustainable mobility (rail, metro, bridges, roads, ports), hydropower (dams, power plants), water (treatment and desalination plants, wastewater management, irrigation dams) and green buildings (civil and industrial buildings, airports, stadiums, hospitals). It supports clients in achieving the Sustainable Development Goals (SDGs) established by the United Nations. The recognised leader in infrastructure for the water sector, it operates in 50 countries, generating 70 percent of its revenues from international markets. It has 83,000 direct and indirect employees from 100 nationalities, and a supply chain of more than 17,500 businesses. In its 117 years of applied engineering on more than 3,200 projects, the Group has built 14,118 kilometres of rail and metro lines, 82,509 kilometres of roads and highways, 1,018 kilometres of bridges and viaducts, 3,396 kilometres of tunnels, and 313 dams and hydropower plants. Projects include the Genoa San Giorgio Bridge, the second Panama Canal, the Lake Mead Third Intake hydraulic project near Las Vegas in the United States, the Airport Line in Perth, Australia and the Stavros Niarchos Foundation Cultural Center in Athens. Projects under construction include the Brenner Base Tunnel, Line 4 of the Milan metro system, the Terzo Valico dei Giovi-Nodo di Genova in Italy, and the North East Link of Melbourne in Australia. In 2022, the Group had revenues of €8.2 billion, total orders worth more than €53 billion, and projects that will help reduce annual CO2 emissions by 25 million tonnes. Webuild, subject to the direction and coordination of Salini Costruttori S.p.A., is headquartered in Italy and is listed on the Milan stock exchange (WBD; WBD.MI; WBD:IM). Since 2021, it is member of the MIB ESG, the index of Italian companies with the best ESG practices.

Contacts:

Media Relations
Francesca Romana Chiarano
Tel. +39 338 247 4827
email: f.chiarano@webuildgroup.com

International Media Relations
Gilles Castonguay
Tel. +39 342 682 6321
email: gr.castonguay@webuildgroup.com

Investor Relations
Amarilda Karaj
Tel +39 02 444 22476
email: a.karaj@webuildgroup.com

SOURCE: Webuild S.p.A.