CMB’s members approved the 2024-2026 Industrial and Sustainability Plan, aimed at increasing the Cooperative’s turnover to € 1 Billion. Sustainability objectives are integral to the strategic plan

2022 was a growth year for the CMB Group, which strengthened both its operational and financial solidity, achieving results beyond expectations and confirming the company’s resilience.

Even though the macroeconomic situation is being threatened by multiple factors, CMB, the fourth-largest construction company in Italy, is still on a growth trajectory and achieving record levels in the company. The company’s preliminary turnover in 2022 was 707 million euros, and it is aiming for 730 million euros in 2023.

On 15 November, in Carpi in the province of Modena, Italy, CMB, Kieback&Peter, and Pro-Soft founded V4B Systems Srl. The mission is to functionally integrate Building Automation and large-scale digitised projects, establishing an effective exchange of skills and developing more innovative and efficient buildings and infrastructures.

The joint venture led by CMB, together with Mieci of the Renovit Group, the largest Italian energy efficiency company; Arcoservizi, a company controlled by CMB and specialized in the heat management field; with the design of the Mythos consortium, was selected as Promoter for the concession contract of the construction and the modernization of the IRCCS Gaslini Hospital in Genova.

CMB closes the 2021 financial year in profit with a turnover of more than EUR 746 million, recording a strong recovery and an unprecedented result. Construction is the segment with the strongest growth; however, the real estate segment also doubles the previous year’s result with revenues of more than EUR 41 million. The Shareholders’ Meeting was held on Saturday, 21 May 2022 at the CMB headquarters.

With a project financing agreement, CMB will carry out the second phase of the project to redevelop the Hospital of Arzignano - Montecchio Maggiore, which will include new buildings and the supply of furniture and equipment for the ULSS 8 Berica of Veneto region.

CMB confirms the turnover growth trend with a 2021 final result of 727 million euros, against 573 million in 2020, and a 2022 budget that arrives at 735, the highest level ever reached by the enterprise. In this scenario the contribution of foreign production is decisive: 140 million of turnover comes from building sites in Denmark and Switzerland.