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2019 financial statements: the ORI Martin Group closes the year with a positive result, confirming its consolidation with 5 acquisitions
Investments, in new technologies as well as in environmental improvement, and new acquisitions : these are the keywords for ORI Martin in 2019. After 2018 which achieved exceptional figures, the Group registers a net financial situation of 71.55 million , while the net assets amount to 383.67 million . Sales revenues rose to 583 million euros (+1.5% from 2018), and EBITDA was 78.8 million (equal to 13.5% of sales). The total investments made by the Group in 2019 amounted to approximately € 32...
ORI Martin: an even more sustainable and circular steel mill thanks to the HEATLEAP project
After the important experience of the i-Recovery system, ORI Martin strengthens its partnership with Turboden by signing a new and important project on industrial sustainability. The HEATLEAP PROJECT, "Low-Grade Waste Heat Recovery in steel-making industry by coupling of Large Heat Pump and Gas Expander" is realized in collaboration with other important companies in Brescia such as A2A, the CSMT – Centro Servizi Multisettoriale Tecnologico, Rina consulting and Cogen Europe and financed by the...
i-Recovery system: ORI Martin's lighthouse plant in the spotlight of national newspapers
The i-Recovery system developed by ORI Martin, partnered with Tenova, Turboden, and A2A, the local utilities company, for the recovery and recycling of the heat produced by the steel mill, is once again making headlines. The i-Recovery system is part of A2A's wide-ranging plan, launched in 2018, for the decarbonization of the energy system, which will make Brescia the first "carbon-free" Italian city, well ahead of the MISE's Integrated National Energy and Climate Plan. And that's not all. Once...
Resume shipping activities
Following the indications contained in the Prime Ministerial Decree of April, 10 (art. 2 point 12) all the plants of the ORI Martin Group, starting from today, April, 15 will resume loading and/or shipping activities of the in-stock material, in relation to orders already in place. Our sales office is available for further information – Ing. Alberto Franchi tel +39 030 3999205, email@example.com Pending new indications from the authorities, we hope for a soon restart of production...
Temporary closure of production activities
In this extraordinary situation, the ORI Martin Group has immediately implemented all the precautionary measures provided for by the Authorities to guarantee maximum safety in the company. Following the provisions of the latest Prime Minister's Decree, our plants confirm the closure of activities from 25 March until next 3 April. "Health comes first and then everything else", said Andrea Agnelli, CEO of ORI Martin Spa.