In a scenario in the construction sector still affected by the economic crisis, the result of the CMB Group for the 2018 financial year is confirmed as positive, improving the margins set out in the Budget. Turnover stands at 512 million euros, with a profit of 4.4 million.
CMB has entered into a contract with Klépierre, leader at European level in the shopping centres sector, to carry out the restructuring work and extension of Shoppingville Gran Reno in Casalecchio di Reno in the province of Bologna. The work relates to the restructuring of the existing shopping arcade and the completion of a new important portion of retail spaces.
Just a few days before the official opening of Line 2 of the Florence Tramway in the presence of the President of the Republic Sergio Mattarella, CMB has approved the Budget for the 2019 financial year, confirming the development model already set out last year in the 2018-2020 Business Plan.
Tramway line 2, opened on 11 February in the presence of Italian PresidentSergio Mattarella, extends for 5 km through the city of Florence. The new tramline aims to encourage commuters to switch from buses, often the cause of traffic jams and holdups, to anelectric and environmentally-friendly form of transportwith a capacity of around 250 passengers..
A unanimous appeal for investments to relaunch the market which has been hard hit by the crisis. On Friday 30 November, in the splendid setting of the Municipal Theatre of Carpi, CMB celebrated its first 110 years with an afternoon of meetings that focused its attention on a depressed market and the ability of the Carpi cooperative to keep its finances always in the black thanks to the know-how, the ability to extend its expertise into services and a quality of works recognised also abroad.
CMB celebrated its 110 years since its foundation, on 17 October in Milan, in the Pirelli building. From the upgrading of the Porta Nuova district to the Generali Tower and PwC in CityLife, and the Feltrinelli Foundation, CMB is the name behind works that symbolise the architectural and cultural progress of the city and represent Milan’s increasingly dynamic and European soul.