GLOBAL PLAYER IN STEEL

2

MARCEGAGLIA IS THE ITALIAN INDUSTRIAL GROUP LEADING THE EUROPEAN AND WORLDWIDE STEEL MARKET. A UNIQUE COMBINATION OF THE DYNAMIC ITALIAN FAMILY BUSINESS MODEL WITH THE GREAT OPERATING CAPACITY AND PRESENCE IN THE INTERNATIONAL MARKETS, TYPICAL OF THE LARGE CORPORATIONS.

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SHAPINGSTEEL

4

5.8 MILLION TONS PROCESSED YEARLY

5.3 BILLION EUROS SALES

6,500 EMPLOYEES

25 STEEL PLANTS

60 SALES OFFICES

1st INDEPENDENT PLAYER IN STEEL PROCESSING SECTOR IN THE WORLD

1st PRODUCER OF STAINLESS STEEL WELDED TUBES IN THE WORLD

1st PRODUCER OF CARBON STEEL WELDED TUBES IN EUROPE

1st SERVICE CENTER IN ITALY

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STEEL VALUES6

CORPORATE CULTURE

INDEPENDENCE, DYNAMISM, RESILIENCE, COMPETENCE, VERSATILITY, REACTIVITY: IN 60 YEARS OF HISTORY, THESE DISTINCTIVE VALUES MADE MARCEGAGLIA THE PRIVILEGED PARTNER IN THE STEEL PROCESSING INDUSTRY.

THE COMPANY CULTURE IS BASED ON PEOPLE CENTRICITY AND SHARING OF THE SAME KEY VALUES WHICH ARE SHAPING MARCEGAGLIA UNIQUE BUSINESS MODEL.

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STEEL CORE

CORE BUSINESS ACTIVITIES, CONTROLLED BY MARCEGAGLIA STEEL (HOLDING COMPANY, WHICH REPRESENTS 95% OF TOTAL ACTIVITIES), ARE ORGANIZED THROUGH THREE DIFFERENT OPERATING COMPANIES: MARCEGAGLIA CARBON STEEL AND MARCEGAGLIA RAVENNA WITH THE FLAT PRODUCTS AND WELDED TUBES DIVISIONS, MARCEGAGLIA SPECIALTIES AND MARCEGAGLIA GAZOLDO INOXWITH THE STAINLESS PRODUCTS AND COLD DRAWN BARS DIVISIONS, MARCEGAGLIA PLATES FOR THE HEAVY PLATES PRODUCTION. MARCEGAGLIA INVESTMENTS IS THE HOLDING FOR THE DIVERSIFIED ACTIVITIES (5% OF TOTAL ACTIVITIES).

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HEADQUARTERSGAZOLDO DEGLI

IPPOLITI

HEAVY PLATES

1 PLANT ITALY

Mariven

MARCEGAGLIA RU 1 PLANT

PLANTS & SALES OFFICES

3 WAREHOUSES ITALY

5 PLANTS ITALY

CARBON STEELWELDED TUBES

HEADQUARTERS AND PLANTGAZOLDO DEGLI IPPOLITI

MARCEGAGLIA DO BRASIL1 PLANT

PLANTS & SALES OFFICES

MARCEGAGLIA POLAND2 PLANTS

MARCEGAGLIA NOVERO1 PLANT

MARCEGAGLIA UK2 PLANTS

MARCEGAGLIA TURKEY 1 PLANT

MARCEGAGLIA USA 1 SALES OFFICEOTHER

PARTICIPATIONS

FIN. MAR. MARFIN Staff Corporate

Other particip.

Other particip.

Other particip.

Pugnochiuso

Other particip.

BUILDING

HOME PRODUCTS

ENERGY

Oskar Imat

CO.GE.AM

ENGINEERING

Elet.Ca Made HSE

Gaia Turismo

HOSPITALITY ACTIVITIES & REAL ESTATEAlbarella

Palazzo Agricoltura

Gabetti Property Solutions

OTHER PARTICIPATIONS

EuroEnergy

Marcegaglia Buildtech

M. Gulf Qatar

SALES OFFICES

MARCEGAGLIADEUTSCHLAND

MARCEGAGLIA FRANCE

MARCEGAGLIA IBERICA

MARCEGAGLIA INDIA

MARCEGAGLIANORTH EUROPE

MARCEGAGLIA ROMANIA

1 PLANT ITALY 1 PLANT ITALY

CARBON STEELFLAT PRODUCTS

CARBON STEELFLAT PRODUCTS

Fontana

SIM

ConsorzioABSolute

MetalInterconnector

STAINLESS STEELFLAT PRODUCTS

1 PLANT ITALY1 PLANT ITALY

COLD-DRAWNBARS

HEADQUARTERSGAZOLDO DEGLI IPPOLITI

STAINLESS STEELPRODUCTS

1 PLANT ITALY

MARCEGAGLIA COLOMBIA1 PLANT

MARCEGAGLIA CENTRAL AMERICA

MARCEGAGLIA MEXICO1 PLANT

E T (M/€) P (KT/y)

1,100 250 50

E T (M/€) P (KT/y)

100 250 400

E T (M/€) P (KT/y)

1,000

1,350 TOTAL 700 TOTAL

1.200

STAINLESSSTEEL

PRODUCTS

150

COLD-DRAWN

BARS

500

STAINLESSSTEEL

PRODUCTS

200

COLD-DRAWN

BARS

EMPLOYEES TURNOVER (M/€) PRODUCTION (KT/y)

4,300

3,450 TOTAL 4,650 TOTAL

2,300

FLAT PRODUCTS

1,150

WELDED TUBES

3,100

FLAT PRODUCTS

1,550

WELDED TUBES

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1959

MARCEGAGLIA, IN SIXTY YEARS OF HISTORY, HAS BEEN CONSTANLY GROWING FROM A SMALL LOCAL ENTITY TO ONE OF THE LARGEST ITALIAN CORPORATION, ABLE TO DEVELOP INTERNATIONALLY ITS “MADE IN ITALY” BUSINESS MODEL. NEVERTHLESS THE GROUP REMAINS STRONGLY ROOTED TO ITS ITALIAN ORIGIN.

MARCEGAGLIA LEADERSHIP HAS BEEN BUILT THROUGH A LONG, SOLID AND CONSISTENT GROWTH PATH. MARCEGAGLIA IS THE LARGEST INDEPENDENT STEEL PROCESSOR WORLDWIDE.

TIMELINE10

Gazoldo degli Ippoliti HQ Contino, ITA Casalmaggiore, ITA Lomagna, ITA Boltiere, ITA Tezze sul Brenta, ITA Ravenna, ITA Forlì, ITA

1959 In Gazoldo degli Ippoliti (Man-tua, Northern Italy), Steno Marcegaglia establishes a small factory, Marcega-glia-Caraffini, specialized in the manu-facturing of roller shutter and open profi-les. The company is taken over a few time later and re-named Metallurgica Manto-vana.

1963 I.P.A.S. is founded for the manu-facturing of drawn products from flat and tubular steels.

1959 - 1963Start up. The pioneering phase

1964 - 1982 Strong internal growth

1970 The unit in Gazoldo degli Ippoli-ti quickly develops its activities adding cold re-rolling process and precision tu-bes manufacturing.

1982 Steno Marcegaglia founds in asso-ciation with three business partners Oto Mills - leader in high-precision tubes mills - and successively establishes a new sta-te-of-the-art unit in Casalmaggiore (Cre-mona).

1982 - 1988Organic growth is accompanied by an M&A campaign in Italy

1983 Acquisition of Lombarda Tubi in Lomagna (Lecco), Saom in Boltiere (Bergamo), Trisider in Tezze sul Brenta (Vicenza).

1985 Marcegaglia adds to its structure three companies of Maraldi Group with the plants in Ravenna, Forlimpopoli (Forlì) and Cervignano del Friuli (Udine).

1987 Acquisition of Profilnastro in Dusino San Michele (Asti).

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Gazoldo degli Ippoliti HQ Contino, ITA Casalmaggiore, ITA Lomagna, ITA Boltiere, ITA Tezze sul Brenta, ITA Ravenna, ITA Forlì, ITA Dusino San Michele, ITA San Giorgio di Nogaro, ITA Osteria Grande, ITA Dudley, UK Lainate, ITA Albignasego, ITA Corsico, ITA Garuva, Brazil Munhall, USA Praszka, Poland Kluczbork, Poland Yangzhou, China Vladimir, Russia Montechiarugolo, ITA

1989-1991 Start up of the first tube mill in the Forlì plant. Start up of the first line for stainless steels processing and pickling in Gazoldo degli Ippoliti unit. Acquisition of the San Giorgio di Nogaro plant (Udine).

Start up of new distribution offices (today Marcegaglia UK); foundation of Marcegaglia Deutschland and acquisition of Bishop near Philadelphia (USA).

90’s Start up of diversified activities: acquisitions of Albarella, Ponteggi Dalmine, CCT and other activities in the real estate and financial sectors.

1988 - 1999Expansion of the steel activities (stainless steels and heavy plates).Launch of diversification (acquisitions) and internationalization

1999 - 2007Strong development in carbon steel flats and stainless steels

1999 The unit in Ravenna is at the core of a huge investment program (“Raven-na 2000”) for coils processing.

2000 Inauguration in Garuva (Brazil) of a huge plant specialized in refrigeration tubes and household appliances com-ponents. Development of stainless steel tubes manufacturing in the Pittsburgh unit (Marcegaglia USA).

2000-2005 Growth of Italian activities and sales network worldwide.

2000 Joint venture agreement with Brema (Arcelor Group) for the supply of 500 K t/year of hot-rolled coils.

2005-2009 Offtake agreement with Teeside (Corus Group) for the supply of 850 K t/year of slabs.

2000 - 2008Reliable and strategic supply of raw materials

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Gazoldo degli Ippoliti HQ Contino, ITA Casalmaggiore, ITA Lomagna, ITA Boltiere, ITA Tezze sul Brenta, ITA Ravenna, ITA Forlì, ITA Dusino San Michele, ITA San Giorgio di Nogaro, ITA Osteria Grande, ITA Dudley, UK Lainate, ITA Albignasego, ITA Corsico, ITA Garuva, Brazil Munhall, USA Praszka, Poland Kluczbork, Poland Yangzhou, China Vladimir, Russia Istanbul, Turkey

2007-2008 onsolidation of the main Ital-ian manufacturing units (Ravenna, Casal-maggiore, Gazoldo degli Ippoliti – 1,5 billion euros invested in 6 years). Inau-guration of new units in the European (Poland) and extra-Europe (China, Russia) markets. Doubling of Brazilian plant.

2010-2011 Opening of the new Mar-cegaglia Poland manufacturing unit in Kluczbork dedicated to carbon steel tubes production. Inauguration of Marcegaglia China in Yangzhou, the biggest Italian invest-ment in China. Growth in diversified sec-tors (tourism, thanks to the acquisition of Forte Village and Castelmonastero, and renewable energies).

2007 - 2013Further industrialization program in Italy and abroad (core business)

2013 - 2014Diversified activities: start up of the divestment program

2013-2014 Marcegaglia decides to fo-cus on and to consolidate its own core business and to gradually divest the di-versified activities. In 2013 Oto Mills and Forte Village are sold.

Marcegaglia launches a corporate reorganization project to become even more protagonist in its core business.In 2018, through M&A activities, Marcegaglia expands its portfolio of investments; Marcegaglia Novero, Marcegaglia Colombia and Marcegaglia Mexico are established.

2015 - 2019Group reorganization project and new acquisitions

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HARBOURS AND RAIL TERMINALSRavenna, ITASan Giorgio di Nogaro, ITA

OUR MAIN LOGISTIC HUBSKolding, Gdansk, Newport, Antwerpen, Hagen, Siegen, Karlsruhe, Lyon, Constanta, Gemlik, Tarragona

brco

mexit

fr

uk lu

ro

in

tr

rues

pl

Dusino San Michele

Corsico

Casalmaggiore

Forlì

Contino

San Giorgio di Nogaro

Tezze sul Brenta

Osteria Grande

Ravenna

Gazoldo degli Ippoliti

Boltiere

Lomagna

Lainate

Rivoli

de

STEEL IN THE WORLD14

Ravenna, ITA

Gazoldo degli Ippoliti HQBoltiere, ITACasalmaggiore, ITACorsico, ITADusino San Michele, ITALainate, ITALomagna, ITAOsteria Grande, ITARivoli, ITATezze sul Brenta, ITADudley, UKRotherham, UKFunza, ColombiaGaruva, BrazilKluczbork, PolandPraszka, PolandQuerétaro, Mexico

SALES OFFICESBarcelona, Spain Cluj, RomaniaDüsseldorf, GermanyLuxembourg, LuxembourgLyon, FrancePune, India

Gazoldo degli Ippoliti HQ Contino, ITAForlì, ITAIstanbul, Turkey Vladimir, Russia

SALES OFFICESMunhall, USA

Gazoldo degli Ippoliti HQSan Giorgio di Nogaro, ITA

Gazoldo degli Ippoliti, ITA

STEEL UNIQUE

IRON MAKING

STEEL MAKING

CASTING

HOT ROLLING

GALVANISED,PICKLED,COLD ROLLEDAND PRE-PAINTED COILS

STAINLESS STEEL HR/CRCOILS

TUBES, SHEETS

TUBES, STRIPS,STAINLESS SHEETS,DRAWN BARS

ALL PRODUCTS

ALL PRODUCTS

PICKLING COLD ROLLINGGALVANIZINGPRE-PAINTING

PICKLING COLD ROLLING

TUBE FORMING, SLITTINGAND CUTTING TO LENGTH

TUBE FORMING, SLITTINGAND CUTTING TO LENGTH,DRAWING

FINISHINGDISTRIBUTION

FINISHINGDISTRIBUTION

Via either blast furnace,using iron mineraland carbon, or electric furnace, using re-melted scrap steel.

STEEL PRODUCTION

ARE CHEMICALLY AND/ORMECHANICALLY PROCESSEDTO MAKE THEM SUITABLEFOR SPECIFIC INDUSTRIALPURPOSES

1st TRANSFORMATION

ADVANCED PROCESSINGTO CUSTOMISE STEELPRODUCTS ON CLIENTSSPECIFIC REQUESTS

2nd TRANSFORMATION

DIRECT SELLINGAND/OR RETAILINGTO INDUSTRIAL CLIENTSOR FURTHER PROCESSINGUNDER REQUEST

DISTRIBUTION

OUTPUTACTIVITIES

Marcegaglia is covering the whole downstream and distribution steel value chain, both horizontally and vertically, thanks to its unique strategic position. Marcegaglia is the first steel processor with a range of products that varies from carbon to stainless, from long to flat products, from commodity to specialty.

Carbon steel productsStainless steel products

COILS

BARS

HEAVYPLATES

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STEEL AT YOUR SERVICE

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Building, Carpentry

Automotive

Food and Dairy

Trading

Household appliances

Mechanical engineering

Agriculture

Chemical, Petrochemical

Plant engineering

HVAC, Plumbing

Furniture, Houseware

Energy, Environment

Other

Sport, Leisure

19%

13%

9%

9%

8%

8%

6%

6%

6%

6%

4%

3%

2%

1%

APPLICATIONS

COUNTING ON 72 INTERNATIONAL MANUFACTURING STANDARDS FOR STAINLESS AND CARBON STEELS AND 136 INTERNAL SPECIFICATIONS, ALSO TAILOR-MADE TO CUSTOMERS, MARCEGAGLIA HAS A WIDESPREAD PRESENCE IN SEVERAL MARKET SEGMENTS: FROM DISTRIBUTION TO MECHANICAL ENGINEERING, MACHINERY, BUILDING&CONSTRUCTION, AUTOMOTIVE, APPLIANCES, FOOD, ETC.

OVER 15,000 CUSTOMERS IN EUROPE AND WORLDWIDE CONFIRM THE GROUP WIDE MARKET CAPILLARITY.

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STEEL MOVING THE WORLD

25

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A CAPILLARY PRESENCE AND SOPHISTICATED LOGISTIC NETWORK TO GET CLOSER TO CUSTOMERS ALL OVER EUROPE AND IN THE WORLD

MARCEGAGLIA OWNS 25 PLANTS, 11 HUBS LOCATED IN THE MOST STRATEGIC EUROPEAN PRODUCTION DISTRICTS, 2 RAIL TERMINALS AND 2 PORT DOCKS BY THE MEDITERRANEAN SEA (RAVENNA AND SAN GIORGIO DI NOGARO) IN ORDER TO ENSURE MAXIMUM TIMELINESS, FLEXIBILITY AND ON TIME IN DELIVERING THE PRODUCTS.

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STEEL INDEPENDENT

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SPECIAL CONSIDERATION TO RAW MATERIAL

THE SPECIAL CONSIDERATION GIVEN ON THE SOURCE AND ORIGIN OF RAW MATERIALS IS ONE OF THE GROUP’S STRENGTHS IN THE PRODUCTION PROCESS MANAGEMENT: WITH MORE THAN 60 LONG-TERMS PARTNERSHIP AGREEMENTS WITH THE MAJOR STEEL MAKERS WORLDWIDE, MARCEGAGLIA CAN COUNT ON A CONSTANT AND RELIABLE SUPPLY OF TOP-QUALITY RAW MATERIALS AND DIFFERENT STEEL GRADES IN ORDER TO OFFER TO ITS CUSTOMERS A CONTINUOUS TAILOR-MADE SERVICE.CLIENTI UN SERVIZIO SU MISURA IN OGNI MOMENTO.

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QUALITY STEEL

CLOSE ATTENTION TO EXCELLENCE NOT ONLY IN TERMS OF PRODUCT QUALITY,BUT ALSO OF PROCESS AND SERVICE

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MARCEGAGLIA R&D TEAM, THANKS TO THE DEEP KNOWLEDGE OF RAW MATERIALS AND MANUFACTURING PROCESS, CUSTOMIZES PRODUCTS ON CUSTOMERS’ MOST DEMANDING REQUIREMENTS.

THE R&D DIVISION’S COMMITMENT IS TO CONTINUOUSLY EXPAND THE PRODUCTION CHAIN AND TO DEVELOP NEW PROCESS AND FINISHINGS. THE SUPPORT PROVIDED TO SOME TECHNOLOGICALLY ADVANCED INDUSTRIES IS A GENUINE PARTNERSHIP WITH CUSTOMERS AIMED TO DEVELOP NEW PRODUCTS AND SOLUTIONS. MARCEGAGLIA IS OFTEN CONSIDERED THE BENCHMARK FOR INTERNATIONAL CERTIFICATION AUTHORITIES AND THE PIONEER TO NEW AND HIGHER QUALITY STANDARDS.

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STEELREVOLUTION

4.0

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INDUSTRY 4.0, FOR REAL

THE DESIGN AND IMPLEMENTATION OF INTEGRATED DIGITAL AND AUTOMATION SOLUTIONS, AS RESULT OF A STRONG SYNERGY BETWEEN IT AND R&D ENGINEERING DEPARTMENTS, GUARANTEE THE BEST PERFORMANCES IN TERMS OF PRODUCTION AND SERVICE.

SPECIAL ATTENTION HAS BEEN DEDICATED TO THE IMPROVEMENT OF INFORMATION FLOWS, SPECIALLY ON PRODUCTION TIMING AND SHARED IN REAL TIME WITH CUSTOMERS.THE STATE-OF-THE-ART TECHNOLOGY OPTIMIZES THE GOODS FLOW AND BECOMES A FURTHER KEY FEATURE TO INCREASE EFFICIENCY, SAFETY OF WORKERS AND ENHANCEMENT OF THE VALUE CHAIN.

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STEELFORFUTURE

26

EVERY DAY, MARCEGAGLIA EXPRESSESA DISTINCTIVE EXPERTISE THAT, BESIDES THE UNIQUE COMPETENCE AND PRODUCTIVE KNOW-HOW, IS TRANSLATED INTO A CONSTANT ATTENTION TO SUSTAINABILITY

THE ATTENTION TO THE QUALITY OF THE PRODUCTION PROCESS IS ALSO EXPRESSED IN THE COMMITMENT TO THE SAFETY OF WORKERS, THROUGH THE CONSTANT INNOVATION OF THE PRODUCTION SYSTEM.

COSTS CONTROL, ENERGY SAVING AND ENVIRONMENTAL CARE ARE EXPRESSED THROUGH THE USE OF ALTERNATIVE ENERGIES, PRODUCTION ENERGY RECOVERY AND REDUCTION OF WASTE, BECOMING FOR MARCEGAGLIA A DEEP ROOTED VALUE WHICH MAKES THE GROUP A MODEL OF SUSTAINABLE COMPANY.

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STEELIS HUMAN

MARCEGAGLIA’S VISION IS BASED ON VALORIZATION OF ITS HUMAN RESOURCES THAT SHARE AND EXPAND THE GROUP VALUES

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THE 6,500 EMPLOYEES, WHO CONSTITUTE MARCEGAGLIA’S HUMAN CAPITAL, REPRESENT THE CORE ASSET OF THE GROUP.

MARCEGAGLIA CONTINUOUS COMMITMENT TO INVEST ON THE SAFETY AND GROWTH OF HUMAN RESOURCES RESULTS INTO A DEEP-ROOTED BOND WITH THE COMPANY, CREATING A PASSIONATE ATTACHMENT AND A LOW TURNOVER RATE.

MARCEGAGLIA CONSTANTLY PROMOTES AND VALUES THE KNOW-HOW, SKILLS, COMPETENCES, EXPERIENCES AND PERSONAL QUALITIES OF ITS EMPLOYEES.

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MARCEGAGLIA HAS PARTICIPATED INTO SEVERAL SUPPORT INITIATIVES TO PROMOTE, THROUGH THE DIRECT PARTICIPATION OF ITS PRODUCTION UNITS, THE WELL-BEING OF THE COMMUNITY.

THE GROUP HAS MAINLY FOCUSED ITS COMMITMENT TO SUSTAIN THE TERRITORY AND LOCAL COMMUNITIES, IN ITALY AND ABROAD, ON SUFFERING AND SOCIAL DISADVANTAGES.

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Building

Marcegaglia Buildtech

Home products

Oskar Imat

Energy

EuroEnergy CO.GE.AM

Engineering

Elet.CaMade HSE

Hospitality Act. & RE

Albarella Gabetti Property Solutions

MARCEGAGLIA INVESTMENTS DEVELOPS ALL THE DIVERSIFIED ACTIVITIES IN THE BUILDING&CONSTRUCTION SECTOR, HOME PRODUCTS - WITH A DEDICATED RANGE FOR HOUSEHOLD APPLIANCES,REFRIGERATION AND DIY - ELECTRO-MECHANICHALAND COMPOSITE MATERIALS PRODUCTS.

MOREOVER, MARCEGAGLIA INVESTMENTS CAN COUNT ON A PRESENCE IN THE ENERGY SECTOR WITH THE PRODUCTION OF ENERGY FROM RENEWABLE RESOURCES, IN THE TOURISM AND IN THE REAL ESTATE.

PugnochiusoVieste, FG

Le TonnareStintino, SS

ETA ManfredoniaManfredonia, FG

Appia EnergyMassafra, TA

AlbarellaIsola di Albarella, RO

Gabetti Property SolutionsMilano, MI

Made HSEGazoldo degli Ippoliti, MN

EuroEnergy groupLainate, MI

Marcegaglia BuildtechMilano, MI

Marcegaglia BuildtechGraffignana, LO

Marcegaglia BuildtechPozzolo Formigaro, AL

ImatFontanafredda, PN

OskarMezzolara di Budrio, BO

Marcegaglia GulfDoha, QATAR

Elet.CaSigna, FI

Castel Monastero, SI

INSULATED PANELS

GUARDRAIL

CONSTRUCTION EQUIPMENT

METAL HANDLES

CONDENSERS

EVAPORATORS

POWER PRODUCTION

FROM RENEWABLE

SOURCES

COMPOSITE MATERIALS

ENVIROMENTAL,

SAFETY, QUALITY

HOSPITALITY

ACTIVITIES AND

REAL ESTATE

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www.marcegaglia.com

March 2019March 2019