Service Delivery Network News

RINA Continues Steady Growth

Italy-based classification-society RINA has reported continuing growth in both turnover and returns for 2008. Turnover for the 2008 year was $252.2m, up 17 per cent on 2007, and EBITDA was $41.2m, up 18 per cent on the 2007 financial year. Ugo Salerno, ceo of RINA said, "2008 was a year of careful scrutiny of our services and client base to ensure that we are doing the right things, for the world we live in, for our clients and for ourselves. It was also a year for consolidation and careful attention to detail within the group, to ensure that we are doing things right. We had to consolidate the companies acquired in 2007, control costs and work hard to get the right people with the right skills and the right management support into the right places around the world.