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23 January 2020 The on-line newspaper devoted to the world of transports 06:46 GMT+1

April 5, 2011

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Last year, the Group's operating result increased by 11% RINA

Revenue rose 2% to 205 million euro. 2010 - said the company - has confirmed a further year, with an overall stagnation of investment

RINA SpA, parent company of the operating companies belonging to the Italian Naval Register, filed in 2010 in increments of 2% of production value and 11% of operating income. The 2010 consolidated financial statements of the group was approved today by the company.

"The 2010 - said the president of RINA SpA, Enrico Scerni - was a challenging year but very satisfying. We have made our society even stronger, further strengthening our presence in growth markets and laying the foundations for sustainable growth of the group. Operational excellence, innovation, customer focus and the strength of an international know-how continue to be the pillars that have enabled us to achieve the current successes and represent the starting point for our future strategies. "

"Although 2010 has confirmed another year where we found an overall stagnation of investment resulting in a reduction of large infrastructure projects in which we are involved - said the CEO of the group, Ugo Salerno - we have achieved significant results. The turnover reached 205 million euro and EBITDA of EUR 40 million euro, recorded a 11% increase. These findings are the result of an intense team effort that has strongly committed all the resources of the group to which we send our most sincere appreciation. "

RINA has announced that last year the research and development and training activities undertaken by the company exceeded, respectively, 9% of turnover and 120,000 hours in 2011 and have been provided equal investment confirms that these activities will play a strategic role in the coming years.

Today the assembly of RINA Spa supplied also to appoint the new Board that sees Henry Scerni confirmed as president, as vice president and Gianrenzo Meadows Ugo Salerno, CEO. Were appointed directors: Angelo Ansaldo, Enrico Buschi, Umberto D'Amato and Paul Pierantoni.It has also confirmed the supervisory board whose members are: Giovanni Grazzini, Giuliano and Francesco Illuzzi Termanini. Even Alberto Alberti was confirmed as Secretary of the Board.


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Autorità di Sistema Portuale Adriatico Meridionale

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