Simtex Srl News

RINA Acquisitions Fuel Growth

International verification, certification and ship classification group RINA continued to grow in 2011 as it embarked on an acquisition strategy. Turnover for 2011 was up to 249 million Euros (+21 per cent) and EBITDA 41 million Euros. Turnover is expected to rise to over 300 million Euros in 2012 following major acquisitions late in 2011. “Two-thousand and eleven was a memorable year for RINA,” said Chairman and CEO Ugo Salerno. “We celebrated our 150th anniversary by transforming the company.