Webuild: 2022 turnover of €8.2bn above expectations, €16bn of new orders

Pietro Salini, CEO of Webuild.

“We are particularly proud to have achieved very challenging results, as the crowning achievement of a strategic industrial plan that has guided our actions and choices over the past 10 years, together with the 83,000 people who now work with us worldwide”, commented the CEO of Webuild, Pietro Salini.

ROME, March 17, 2023 (GLOBE NEWSWIRE) — (LaPresse) — Strong growth in 2022: Webuild exceeded expectations by closing last year with a turnover of €8.2 billion, 22 per cent higher than in 2021, and EBITDA at €572 million, up 27 per cent. The Italian multinational construction and engineering group saw an increase in its orders worldwide last year, with €16 billion of new orders, 75 per cent of which came from foreign markets; in total, orders reached €54.3 billion, a record result for the second consecutive year. Overall, 70 per cent of the turnover was generated abroad, although Italy remains a strategic market for the group.

“We are particularly proud to have achieved very challenging results, as the crowning achievement of a strategic industrial plan that has guided our actions and choices over the past 10 years, together with the 83,000 people who now work with us worldwide,” commented the CEO of Webuild, Pietro Salini. “We close 2022 with strong growth results and a positioning that allows Webuild to establish itself more and more as a strategic player in the infrastructure sector in Italy and abroad, counting on a strong presence anchored in low-risk markets.” “We have gained a larger presence that allows us to be more and more competitive,” Salini continued, “delivering quality infrastructure that improves the lives of clients and local communities, such as subways, high-speed railways, dams, desalination plants, and bridges. 70% of our record turnover of €8.2 billion was generated abroad, in countries such as Australia, the United States, and Northern Europe, where we invested in innovative technologies for sustainable and safe projects. The Roadmap to 2025 marks the consolidation of a new phase for Webuild and its 17,500 suppliers around the world who work together with us, through which we intend to strengthen our partnership with the governments of the countries in which we operate, with the aim of accelerating the ecological and energy transition process and responding to the main megatrends at global level, such as climate change, population growth, urbanisation and the scarcity of resources, particularly water.”

The strategic guidelines for the next three years will enable the Webuild Group to achieve a turnover of between €10.5-11.0 billion in 2025, an EBITDA of between €990-1,050 million and a solid financial structure with a net cash position.

For more information:

Press Office LaPresse ufficio.stampa@lapresse.it

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GlobeNewswire Distribution ID 8790457

Curia Appoints Philip Macnabb as Chief Executive Officer

Philip Macnabb

Philip Macnabb appointed CEO of Curia

ALBANY, N.Y., March 16, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced that Philip Macnabb has been appointed as chief executive officer, succeeding John Ratliff.

“On behalf of the Board of Directors, we thank John Ratliff for the tremendous progress that Curia made during his tenure,” said Curia board members Sean Cunningham, managing director, GTCR and William McMullan, managing director, Carlyle. “We are delighted to welcome Phil, a seasoned executive who has an impressive track record of focusing companies on their core value proposition, enhancing the customer experience and building organizations with real and sustaining value. Curia is well positioned in the growing CDMO market, and we are excited about its outlook under Phil’s leadership.”

Mr. Macnabb commented: “Curia is a unique company with deep scientific expertise across its end-to-end offering. We have incredible people in the global Curia community, who are highly motivated by our noble purpose of improving patients lives. Going forward, we will focus on creating sustainable value for customers and employees.”

Macnabb joins Curia having spent years in leadership roles at various companies in the healthcare industry. Prior to that, Macnabb held senior positions in technology, distribution, and consumer products segments. He received an MBA from the University of Chicago and a BS in Business Administration from Purdue University.

About Curia

Curia is a leading contract research, development, and manufacturing organization providing products and services from R&D through commercial manufacturing to pharmaceutical and biopharmaceutical customers. Curia’s nearly 4,000 employees at 29 locations across the U.S., Europe, and Asia help its customers advance from curiosity to cure. Learn more at CuriaGlobal.com.

Corporate Contact:
Sue Zaranek
Curia
+1 518 512 2111
corporatecommunications@CuriaGlobal.com

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GlobeNewswire Distribution ID 8790280

Mental Health Exhibition

The Mental Health Exhibition 2023 in conjunction with Mental Health Regional Seminar 2023 is held, starting on 17th March until 19th March, at International Convention Centre in Berakas.

20 exhibition booths are provided involving participation from ministries and agencies. The exhibition is open to the public from 8 in the morning until 4 in the afternoon, except on Friday, it will be closed from 12 noon and resumed at 2 in the afternoon. On Saturday, it will be open at 12 noon. Blood donation campaign and medical check-up will be held on 18th March, from 10 in the morning until 2 in the afternoon.

Source: Radio Television Brunei

Various Education and Exposure based on the Malay Islamic Monarchy Philosophy

The trainees of the National Service Programme, PKBN faced various challenges during their training. This is because PKBN implements various education and exposure based on the Malay Islamic Monarchy philosophy. A number of activities were organised to develop, shape and build the trainees self-esteem including courage, care, concern, interaction, cooperation, trust and volunteering.

Source: Radio Television Brunei

Graduation Ceremony

The Brunei's Academy for Women Entrepreneurs, AWE held a Graduation Ceremony for the Cohort 2 of the academy. The academy was funded by the Embassy of the United States of America in the country and facilitated by Darussalam Enterprise, DARe. The ceremony was one of the events of the 4-day Brunei MSME Festival that is held in Bridex Hall, Jerudong.

The AWE Best Award was presented by Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister's Office and Second Minister of Finance and Economy as Chairman of Brunei Economic Development Board, BEDB and DARe.

While certificates were presented by Her Excellency CARYN MCCLELLAND, Ambassador Extraordinary and Plenipotentiary of the United States to Brunei Darussalam and Daniel Leong, Acting Chief Executive Officer of BEDB and DaRE. Top three businesses received $3,000 US Dollars each in seed funding. The AWE programme provides opportunities to women entrepreneurs to access resources, build community and support one another through information and experience exchanges. The 6-month programme was opened to local women entrepreneurs, aged between 18 to 40, who are in the early stages of starting and running a business, as well as possess limited business background or training.

Source: Radio Television Brunei

Initiative to Promote Domestic Tourism

Towards promoting the domestic tourism campaign, the Kenali Negara Kitani or KNK Campaign is open to the public during the 4-day MSME Fetsival at Bridex Hall, Jerudong. It is an ongoing initiative of the Ministry of Primary Resources and Tourism through the Tourism Development Department to make it easier for the public to make early preparations to spend time with family and friends for the upcoming school term holiday in April.

Information on domestic tourism products and activities offered by local tourism service providers are available at the Tourism Development Department booth. Among the tourism service providers participating in the campaign are Jerudong Park Country Club, Seria Energy Lab, Labi Coffee Farm, Angkasa Oud Agarwood Company, Poni Divers Group and a number of hotels under Brunei Association of Hotels. The companies are promoting various attractive travel packages suitable for every age group such as community-based tourism activities, staycation and many more. The public can also participate in activities such as KNK Mix & Match and KNK Quiz.

Source: Radio Television Brunei

Home Showcase Festival

Bank Islam Brunei Darussalam, BIBD, launched the 16th 'Home Showcase Festival', offering both homeowners and prospective homeowners alike the chance to experience the latest and best in home design and lifestyle options. Carrying the theme "Towards a Sustainable Home Lifestyle", the 3-day event is part of BIBD's initiatives under the BIBD Sustainability Framework and support for the United Nations Sustainable Development Goals.

The event was launched on 17th March afternoon, by Dr. Nor Imtihan binti Haji Abdul Razak, Permanent Secretary at the Ministry of Development. Held until the 19th of March, the festival also showcases solar panels for residential homes and demos of energy efficient appliances by Department of Energy at the Prime Minister's Office. Also taking part in the festival are several government agencies such as the Town and Country Planning Department, ABCi and BIBD SEED.

Source: Radio Television Brunei

Temporary Half Lane Closure

Half of the lane at Pengiran Muda Al-Muhtadee Billah Highway will be temporarily closed, starting on 17th March until 24th of March, from 11 at night until 3 in the morning, depending on weather condition.

The affected area is J24 traffic light heading towards Jalan Gadong/Jalan Telanai. The closure is to allow cable works to install 'Prepare to Stop' sign.

Meanwhile, a number of areas in the capital will be temporarily closed on the 20th of March. This is to allow demolition works to be carried out at Jalan Pemancha, namely Road in front of Taman Sir Muda Omar 'Ali Saifuddien, and along Jalan Roberts from Jln Mc Arthur heading to Jalan Pemancha. The closure from 7 in the morning until demolition works completed.

Source: Radio Television Brunei

Excise Order

A local man was charged at the Bandar Seri Begawan Magistrate's Court for two offences under Section 152(b), Excise Order 2006 and Section Section 146(1)(d), Excise Order 2006.

For the first offence, possessing 135 cartons of cigarettes of various brands, 42-year-old, Jasman Bin Aman was fined $1,500 or one month imprisonment in default. For the second offence, possessing 21 cans of alcoholic drinks of various brands, the defendant was fined $126,000 or 21 months imprisonment in default. All contraband were seized to be destroyed.

Source: Radio Television Brunei

Bandarku Ceria Programme

The Bandarku Ceria Programme held weekly on every Sunday will be temporarily halted starting 26th of March 2023.

The Ministry of Home Affairs in its press release stated that the Bandarku Ceria programme will resume on 7th of May 2023.

Source: Radio Television Brunei

Visit by Kampung Bunut Muslimah Group

The Muslimah Group of Kampung Bunut Mosque made a visit to Utama Mohammad Salleh Mosque in Bangar and Kampung Menengah Community Hall, 17th March morning.

The visit aimed to foster close relations between Kampung Bunut Mosque Muslimah Group and Muslimah Group from Utama Mohammad Salleh Mosque, Bangar, Temburong. Such visit allowed the Muslimah group to take a closer look at the activities and lifestyle of Temburong District residents. It was one of the annual activity organised by Kampung Bunut Mosque Muslimah Group.

Source: Radio Television Brunei

PKBN helps to improve their Children Identity

Parents and guardians of the PKBN trainees expressed their happiness upon the completion of their training. They shared that PKBN helps to improve their children identity by educating them to be more disciplined individuals.

Source: Radio Television Brunei