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Maire Tecnimont SpA (MTCM.MI)

MTCM.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maire Tecnimont Awarded By Lukoil Two EPC Contracts Worth $527 Mln
Monday, 23 Jul 2018 01:33am EDT 

July 23 (Reuters) - Maire Tecnimont SpA ::WINS TWO EPC (ENGINEERING, PROCUREMENT AND CONSTRUCTION)CONTRACTS WORTH $527 MLN AWARDED BY LUKOIL IN THE REFINING BUSINESS.THE EP PORTION WORTH USD 156 MLN WAS AWARDED AND ALREADY COMMUNICATED TO THE MARKET ON NOV 10, 2017 .CONTRACTS ARE RELATED TO 5 REFINERY PROCESS UNITS, TO BE IMPLEMENTED INSIDE KSTOVO REFINERY, IN CENTRAL RUSSIA, AS PART OF THE OIL RESIDUE UPGRADING PROJECT.  Full Article

Maire Tecnimont Awarded Contracts For USD 730 Mln
Friday, 13 Jul 2018 04:43am EDT 

July 13 (Reuters) - Maire Tecnimont SpA ::ITS UNITS HAVE BEEN GRANTED AWARDS AND ADDITIONAL WORKS OF EXISTING CONTRACTS FOR USD 730 MILLION FOR LICENSING, ENGINEERING SERVICES AND ENGINEERING, PROCUREMENT & CONSTRUCTION SERVICES.  Full Article

Maire Tecnimont CEO sees 2018 EBITDA at 195-205 mln euros
Thursday, 15 Mar 2018 12:55pm EDT 

March 15 (Reuters) - Maire Tecnimont CEO Pierroberto Folgiero tells analysts on a conference call: :SEES 2018 REVENUES AT BETWEEN 3.5-3.75 BILLION EUROS, EBITDA AT 195-205 MILLION EUROS, NET CASH GENERATION OF 100-150 MILLION EUROS.  Full Article

Maire Tecnimont To Issue Non-Convertible Bond Of Up To EUR 250 Mln
Thursday, 15 Mar 2018 11:14am EDT 

March 15 (Reuters) - MAIRE TECNIMONT SPA ::BOARD APPROVES ISSUE OF NON-CONVERTIBLE BOND FOR UP TO OF EUR 250 MILLION.BOND IS AIMED AT PARTIAL REPAYMENT OF MEDIUM/LONG TERM DEBT OF UNIT TECNIMONT.BOND ISSUE WILL HAVE MINIMUM DENOMINATION OF EUR 1,000 AND DUE DATE BETWEEN 5 AND 7 YEARS.INTEREST RATE WILL BE FIXED AND WILL NOT BE LOWER THAN 2.25% ON ANNUAL BASIS.  Full Article

Maire Tecnimont FY Net Profit Up At EUR 118.7 Mln
Thursday, 15 Mar 2018 09:07am EDT 

March 15 (Reuters) - MAIRE TECNIMONT SPA ::FY REVENUE EUR 3.52 BILLION VERSUS EUR 2.44 BILLION YEAR AGO.PROPOSES DIVIDEND OF EUR 0.128 PER SHARE.FY NET PROFIT EUR 118.7 MILLION VERSUS EUR 74.4 MILLION YEAR AGO.TO MAINTAIN IN 2018 INDUSTRIAL PERFORMANCE ACHIEVED IN 2017.  Full Article

Maire Tecnimont Unit Wins In Joint Venture $180 Mln Contract In Philippines
Monday, 12 Mar 2018 02:37am EDT 

March 12 (Reuters) - MAIRE TECNIMONT SPA ::UNIT IS AWARDED IN JV WITH JGC PHILIPPINES EPC LUMP SUM CONTRACT BY JG SUMMIT PETROCHEMICAL CORPORATION (JGSPC).THE EPC LUMP SUM CONTRACT OVERALL VALUE IS IN THE RANGE OF USD 180 MILLION.JV IS OWNED BY TECNIMONT PHILIPPINES FOR 65% AND JGC PHILIPPINES FOR 35%.THE PROJECT HAS AN OVERALL EXECUTION PERIOD OF 26 MONTHS.  Full Article

Maire Tecnimont: Receives Conversion Requests From Bondholders for EUR 79.8 Mln
Tuesday, 6 Mar 2018 01:44pm EST 

March 7 (Reuters) - MAIRE TECNIMONT ::SAID ON TUESDAY RECEIVED CONVERSION REQUESTS FROM EUR 79.9 MLN BONDS HOLDERS FOR EUR 79.8 MLN .THE AMOUNT IS EQUAL TO A TOTAL 798 BONDS, AT THE CONVERSION PRICE OF EURO 2.0964. .THE CONVERSION RIGHTS EXERCISED WERE SATISFIED BY DELIVERING A TOTAL OF 38.1 MLN ORDINARY MAIRE TECNIMONT SHARES TO BONDHOLDERS .15.0 MLN WERE TREASURY SHARES COMING FROM THE BUYBACK PROGRAM AND 23.1 MLN WERE NEWLY ISSUED SHARES .  Full Article

Maire Tecnimont Receives $215 Mln Refining Project By Gazprom Neft – Omsk Refinery
Thursday, 15 Feb 2018 01:45am EST 

Feb 15 (Reuters) - Maire Tecnimont Spa ::SAYS AWARDED USD 215 MLN REFINING PROJECT BY JSC GAZPROM NEFT – OMSK REFINERY.  Full Article

Maire Tecnimont Wins Contracts Worth About USD 315 Mln In Core Business
Friday, 9 Feb 2018 01:39am EST 

Feb 9 (Reuters) - MAIRE TECNIMONT SPA ::AWARDS FOR OVERALL VALUE OF ABOUT USD 315 MILLION IN CORE BUSINESS.CONTRACTS HAVE BEEN GRANTED MAINLY IN EUROPE, ASIA, AFRICA AND U.S..  Full Article

Maire Tecnimont Signs Refinery Revamp Contract With SOCAR For USD 800 Mln
Thursday, 1 Feb 2018 05:15am EST 

Feb 1 (Reuters) - MAIRE TECNIMONT SPA ::SIGNS REFINERY REVAMP CONTRACT WITH SOCAR (STATE OIL COMPANY OF AZERBAIJAN REPUBLIC).OVERALL CONTRACT VALUE EQUALS TO ABOUT USD 800 MILLION.CONTRACT IS AT THE HEYDAR ALIYEV BAKU OIL REFINERY IN AZERBAIJAN.  Full Article