MAIRE Secures €900 Million in New Awards

The latest announcement is out from MaireTecnimont SpA ( (IT:MAIRE) ).

MAIRE has announced that its subsidiaries, TECNIMONT and KT-Kinetics Technology, have secured additional works and new awards totaling approximately €900 million. These contracts, involving engineering, procurement, and construction activities for petrochemical infrastructures and green hydrogen facilities, were granted by major international clients in Central Asia and Southern Europe. This development enhances MAIRE’s geographical diversification and strengthens its presence in strategic areas, showcasing the group’s execution capabilities.

More about MaireTecnimont SpA

MAIRE S.p.A. is a leading technology and engineering group focused on advancing the Energy Transition. It provides Integrated Engineering and Construction Solutions for the downstream market and Sustainable Technology Solutions through three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. With operations across 50 countries, MAIRE employs over 9,800 people and is listed on the Milan Stock Exchange.

YTD Price Performance: 6.71%

Average Trading Volume: 9,134

Technical Sentiment Signal: Strong Sell

Current Market Cap: €2.77B

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