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Rizzani de Eccher SPA: Working in Russia Despite Ukrainian Conflict

Illustrative photo. Credit: Red-Diamond/Shutterstock

One of the members of the general company BERERIX, the Italian Rizzani de Eccher SPA, still continues to work on the territory of Russia a year and a half after the Russian invasion of Ukraine. The company has a Codest branch there and has been working there for thirty years. Just now, on August 16, a public consultation on the construction of a technical silicon production plant was concluded in the city of Verhniai Salda in the Sverdlov area, where the executor of the works will be the Joint Stock Company Rizzani de Eccher SPA. At the same time, this fact did not prevent the general company from winning the tender for the design and construction of Rail Baltica.

The general partnership ERB Rail Baltica JV, which consists of three companies – the Italian Rizzani de Eccher SPA, the French Eiffage Genie Civil SAS and the Polish Budimex SA – won the procurement for the construction of the main track of Rail Baltica, which was concluded at the beginning of September this year, for the amount of 3.7 billion euro.

The offer of the second bidder, a Turkish company, half a billion cheaper, was rejected as inappropriate, reported the program “De facto”. As reported pietiek.com, the Turkish company has submitted a complaint to the IUB, basing it mainly on the fact that the recommendation of the State Security Service is not justified and is not binding on the IUB when deciding on the winner. I wonder if security has investigated the winner of the competition. In any case, Forbes looked into various Russian registers and news tapes. Here’s what we found.

One of the members of the general company BERERIX, the Italian Rizzani de Eccher SPA, still continues to work on the territory of Russia a year and a half after the Russian invasion of Ukraine. The company has a Codest branch there and has been working there for thirty years. Just now, on August 16, a public consultation on the construction of a technical silicon production plant was concluded in the city of Verhniai Salda in the Sverdlov area, where the executor of the works will be the Joint Stock Company Rizzani de Eccher SPA. At the same time, this fact did not prevent the general company from winning the tender for the design and construction of Rail Baltica.

According to the Internet Archive WayBack Machine dati, on June 9 of this year, information about the company’s branch in Moscow was published on the Rizzani de Eccher website in the contact section, but later it was removed from the website, leaving only information about the branch in another “friendly” country – Belarus. Researching the information in various Russian registers shows that the company Russia is still active and is represented by the Italian Gianluigi Savorani, who, according to his CV on the LinkedIn platform, has been working in various structural units of Rizzani de Eccher SPA in Russia and Belarus since 2018. Gianluigi Savorani also notes that in 2018 the company built VTB Arena Park; later, the manager traveled to Minsk, where the company built the Gazprom office building, but with the beginning of the war, Gianluigi Savorani became responsible for the operation of Rizzani de Eccher SPA in Russia and the CIS countries.

To find out if this could really be the case, Forbes looked into the Russian news archives, where information companies were immediately located Silarus website for public consultation now, a year and a half after the Russian invasion of Ukraine. Rizzani de Eccher SPA is indicated as the executor of the work, while the client is the Silarus company.

According to the information On the website of the Ministry of Investment and Development of the Sverdlovsk region of Russia, the Silarus company was founded by Mihailas Sutyaginskis, who is also the chairman of the board of directors of the Titan Group of Companies. Titan is one of the largest Russian petrochemical companies, but as evidenced publicly available information about Mihail Sutyaginskihe represents the United Russia party, was a member of the Russian Duma from 2008 to 2011, and also holds positions in other governmental and non-governmental organizations.

Forbes reached out to the company for comment and has not yet received a response. The article will be supplemented with a comment as soon as it is received.

On the other hand, the French group of companies Eiffage also has an active subsidiary in Russia called “Клемси Рус”, which, let’s be precise, was founded by Eiffage Énergie Systèmes. Although contacts in Russia cannot be found on the company’s website, according to Audit-it.ru, which takes information from official registers, the company “Klemsi Rus” employed 11 people in 2022, in addition, the company’s turnover increased by 117% last year, reaching 1.5 million euros, while the company’s profit increased by 254%.

From publicly available information, it is not entirely clear whether the company continues to work in Russia this year as well, but it appears that it has not been liquidated (unlike, for example, Emergn, which Forbes wrote about earlier). Forbes also referred questions to Clemessy.

2023-09-18 11:36:55
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