About Saipem
Saipem is a company based in San Donato Milanese (Italy) founded in 1957. The company has 30,440 employees as of December 31, 2024. Saipem has completed 2 acquisitions, including Bouygues Offshore and Moss Maritime. Saipem offers products and services including Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.
- Headquarter San Donato Milanese, Italy
- Employees 30440 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Saipem S.P.A.
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Annual Revenue
$15.12 B (USD)22.53as on Dec 31, 2024
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Net Profit
$317.9 M (USD)70.95as on Dec 31, 2024
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EBITDA
$1.38 B (USD)44.76as on Dec 31, 2024
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Latest Funding Round
$1.4 B (USD), Post-IPO
Jul 11, 2022
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Investors
European Union
& 1 more
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Employee Count
30440
as on Dec 31, 2024
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Investments & Acquisitions
Bouygues Offshore
& 1 more
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IPO & Listings of Saipem
Saipem is a publicly listed company on the MIL with ticker symbol SPM in Italy, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Saipem
Saipem offers a comprehensive portfolio of products and services, including Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.
Construction and installation of offshore energy infrastructure
Drones for safe and efficient subsea operations
Offshore drilling for oil and gas projects
Development of offshore wind and solar energy systems
People of Saipem
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Funding Insights of Saipem
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $1.4B
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First Round
First Round
(27 Sep 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Post-IPO - Saipem | Valuation |
investors |
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| May, 2021 | Amount | Grant - Saipem | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Saipem | Valuation |
investors |
Investors in Saipem
Saipem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Haldor Topsoe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Saipem
Saipem has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bouygues Offshore and Moss Maritime.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Engineering and design services for floating offshore structures are provided.
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1971 | ||||
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Subscription-based streaming video services are provided to subscribers.
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1952 |
Financial Statements - Saipem
Saipem Comparisons
Competitors of Saipem
Frequently Asked Questions about Saipem
Saipem was founded in 1957 and raised its 1st funding round 50 years after it was founded.
Saipem is headquartered in San Donato Milanese, Italy. It is registered at San Donato Milanese, Lombardia, Italy.
As of Dec 31, 2024, the latest employee count at Saipem is 30,440.
Annual revenue of Saipem is $15.12B as on Dec 31, 2024.
Saipem was founded in 1957 as an Italian public company based in San Donato Milanese. Operations are centered on the oil and gas sector, with services encompassing drilling, engineering, procurement, construction, and pipeline installation for both onshore and offshore projects. The company has been listed on the Milan Stock Exchange since 1984. In 2019, annual revenues of 10.2 billion were recorded, alongside a net profit of 0.
Saipem offers Offshore E&C Services, Robotics Solutions, Drilling Services, and Renewable Energy Solutions.
Yes, Saipem is publicly traded on MIL under the ticker symbol SPM.
Saipem has made 2 acquisitions, including Bouygues Offshore, and Moss Maritime.
Saipem has 2 investors. Key investors include European Union, and Haldor Topsoe.
The ticker symbol of Saipem is SPM on MIL.