Turkey

On November 17, 2011, the subsidiary SKG, in which Kolin and Generali Costruzioni Ferroviarie also hold a stake, received the order to start work on the “Rehabilitation and reconstruction of the Kosekoy-Gezbe section of the Ankara Istanbul high speed train project”.

The initiative, emblematic of the remodernization of Turkey’s transportation system, includes the dismantling of the current railway line and the subsequent construction of a new dual-track line some 55.6 km long connecting the country’s two “capitals”. The new railway line will have an operating speed of 160 km/h.

The percentage of work completion as at June 30, 2015, was 93.8%

On March 26, 2013, the Ministry of Health of the Republic of Turkey awarded Salini SpA, (now Salini Impregilo S.p.A.), as part of a joint venture with the Korean company Samsung C&T, the Dutch company Simed, and the local company KayiInsaat, a concession to build and manage an important hospital complex in the city of Gaziantep with a total of 1,875 beds on a surface area of just over 500,000 square meters.

The initiative will be carried out based on the PPP (Public Private Partnership) model through an SPV (Special Purpose Venture) in which Salini Impregilo held 28%, and now holds 35.5% due to the exit of the Dutch company Simed. In turn, the SPV will assign the design, construction, and supply work to a joint venture consisting of Salini Impregilo, Samsung, and Kayi, for a total value of approximately € 510 million.

The preliminary design of the healthcare facility (Conceptual Design) was completed at the end of February 2014 and the next phase is currently underway.