Significant events

This section presents the main events that occurred after June 30, 2015, regarding the matters not specifically commented on in earlier sections of the Half-Year Financial Report of the Salini Impregilo Group for the first half of 2015.

Site integration

Following the meetings of June 10 and June 17 this year, on July 7, 2015 the national and local trade unions and company union representatives of Salini Impregilo S.p.A., Todini Costruzioni Generali S.p.A. and Co.Ge.Ma. S.p.A., signed an agreement with the Group Representatives, which establishes the implementation of a series of tools to help during the integration process like: the transfer of employees, the possibility of accessing voluntary pension schemes and incentive programmes. This, with the aim of promoting a prompt integration and of mitigating the impact of these activities on employees.

Contract for the construction of the Al Bayt stadium in Qatar

On July 8, 2015, the Salini Impregilo Group was awarded the contract for the construction of the Al Bayt stadium in the city of Al Khor in Qatar, around 50 km north of the capital Doha. The contract, worth €770 million, of which €716 million for construction works and over €53 million for operation & maintenance, involves the design and construction of one of the sports complexes that the FIFA World Cup 2022 will be played in. The project, awarded by the governmental foundation Aspire Zone, responsible for the development of sports infrastructure in the country, involves the construction of a stadium that can accommodate 70,000 spectators, with an area of 200 thousand square meters; of an auxiliary building for security and the administrative part of the facility; and of the center that will house the electromechanical and distribution systems.

Contract for the construction of primary urban infrastructures in Qatar

On July 9, 2015, the Salini Impregilo Group was awarded the contract for the construction of primary urban development infrastructure in Shamal, an area of residential development located approximately 100 km from the capital Doha in the far north of Qatar. The Project, worth €300 million, is part of the “Framework Contract for Local Roads and Drainage Programme (LR&DP)”. The works, to be completed within 30 months, were awarded to Salini Impregilo by the Public Works Authority of Ashghal, the authority established in 2004 and responsible for the design, implementation and management of public infrastructure in the Gulf state.Salini Impregilo was awarded the creation of Package 01, which covers about 25% of the development area and includes roads and infrastructure in the district of Al-Zubara located in the west, the area north of the central district of Abu Al-Dholouf and the area south of the city of Al-Shamal, in addition to design and planning of the microtunneling and of the water system for irrigating the green areas. The entire area for residential development measures 1,043 hectares and is connected to Doha through the "North Road".

Contract for the design and construction of the A1 motorway in Poland

On July 22, 2015, the Salini Impregilo Group was awarded a contract worth €170 million for the design and construction of 20,270 km of a section of the A1 Motorway south of Warsaw near the town of Katowice. The project is financed in part by EU funds and in part by Polish public funding. The works, which will last for a total of 33 months, include three junctions: Rząsawa, Lgota, Blachownia, 4 bridges, 1 railway bridge and 21 viaducts. The road surfacing will be entirely in concrete.

Appointment of the new Chairman of the Board of Directors

On July 14, 2015, the Board of Directors of Salini Impregilo S.p.A. appointed the Director Alberto Giovannini as the Chairman of the Company. Giovannini replaced Claudio Costamagna, recently appointed as Chairman of the Board of Directors of Cassa Depositi e Prestiti S.p.A., who resigned from his position as Director, Chairman of the Board of Directors and member of the Executive Committee of Salini Impregilo.