Financials​ 

Leadership and Strategic Direction

Upon assuming the role of CEO, I am working on a clear objective: move RINA into the next growth curve. In the last twenty years, the company has transitioned from a traditional maritime services company into a global leader in engineering consulting and inspection and certification. My task is now to leverage on our extensive expertise and expand our presence in critical sectors beyond our historical focus and vertical markets. 

Moreover, RINA embraces cross-disciplinary collaboration founded on an open innovation model and knowledge sharing. Specifically, the company seeks to build an ecosystem of interconnected organizations that generate and exchange value through both cooperation and competition.

Looking ahead to 2024, our strategic plan and key priorities will be focused on energy transition, integrated asset management, market expansion, infrastructure and urban transformation, and fields requiring highly specific competencies. 

Using our ecosystem of shared innovation and multidisciplinary skills in sectors ranging from energy and infrastructure to shipping, we are continuing to position ourselves as a leading reference for the management of plants, infrastructures, and works. Our market expansion strategy is centred on increasing our presence in strategically important markets. Currently operating in around 70 countries, we aim to deepen our engagement with local industries and communities to better address their unique needs. 

Energy is our primary business, and the energy transition lies at the core of our competencies. Energy and decarbonisation impact all the markets we operate in, including shipping, infrastructure, industry, certification, mobility, consultancy, and real estate. 

Over the years, RINA has contributed to various urban transformation projects spanning infrastructure, transport, real estate, and building redevelopment. Our diverse skill set and successful national and international projects have established us as a trusted partner for both public and private clients in infrastructure and urban transformation. This is an area we will continue to actively pursue and expand in. 

Finally, RINA is actively exploring new business streams that require highly specific competencies, such as underwater, cybersecurity, and space, which have seen significant growth in recent years.

2024: Market Expansion and Strategic Priorities

Future Directions

As we move forward, our vision is to integrate more deeply with the global markets we serve. We are particularly excited about opportunities in emerging markets, where we see significant potential for growth in energy and infrastructure projects. We will also continue to work to combine the enormous number of competencies we have throughout our business to provide holistic, integrated, innovative services to our customers. 

In addition to geographic focus, we are also enhancing our service offerings. This includes developing integrated solutions that combine our engineering expertise with new technologies such as AI and machine learning. These initiatives will not only drive growth but also create value for our clients and stakeholders.

Conclusion

In closing, the past year has, once again, set the foundations for a dynamic and promising future at RINA. We are entering 2024 with a strong strategy, a clear vision, and a dedicated team that is capable of achieving great things. 

I am profoundly grateful to all our employees, partners, and stakeholders for their dedication and support throughout this pivotal year. Their commitment to excellence and innovation continues to inspire our journey forward. 

Together, we are shaping a resilient and prosperous future for RINA and making a positive impact on the industries and communities we serve around the world. Innovation is at our heart. We never stop, are very much connected to the external world, and bring new ideas to the table every day that will help make the world a better place.