Maire Tecnimont
Also known as: Maire Tecnimonet; Maire Tecnimont Group
LeaveRussia detail: Suspension
Maire Tecnimont S.p.A. is an Italian group of 50 active companies in the engineering, technology and energy sectors. He focuses on plant design in the oil and gas, chemical and petrochemical industries, green chemistry and technologies that support the energy transition.
Business in Russia
The Italian industrial conglomerate MAIRE, a major player in the global engineering and construction sector, faces a potential existential threat as a high-stakes court case unfolds in Russia. The litigation, filed by the Russian division of EuroChem, a leading chemical company, targets MAIRE’s subsidiary Tecnimont S.p.A. and its Russian operations. The total claims amount to approximately €2 billion, an amount strikingly close to MAIRE’s entire market capitalization, raising alarm bells across the company’s investor base and the broader European engineering industry.
Decision trail
Decision date 08/08/2022 · Reference ↗
Suspended commercial activities; managing existing backlog. Revenue significantly (by more than -50%) decreased in 2024 vs 2023. Russian court awards EuroChem $2.19 billion in lawsuit against Italy's Tecnimont.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — suspended · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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