Risk areas of the industry

The considerable slowdown in industrial production in international markets due  to the widespread financial crisis, which began in previous years, continues to be highly critical for the markets in which FISIA Italimpianti, the company which heads the segment, operates. These markets include the Arabian Gulf countries, which are the Group’s key markets.

Although this situation has critical repercussions on the company’s order backlog, at year-end 2012 the Fisia Italimpianti acquired a contract to build a new desalination plant  worth approximately US$28 million.

Although this contract’s value is not comparable to those acquired in previous years, it represents the first important step towards recovery, also considering the technologies provided for in the contract, which are an interesting alternative to those used for the large plants built in the past.