Pietro Fiorentini, founded in Bologna in 1940, is a leading industrial company in north-eastern Italy, recognised as a Historic Brand of National Interest. With more than 80 years of experience in the entire natural gas supply chain, the Group has expanded its horizons towards the development of technologies and solutions for a sustainable digital world and has particularly focused on renewable energy projects.
The company is an active player in market changes, including digitalisation, the transition to cleaner energy sources and greater responsibility with regard to environmental, social and economic sustainability.
In 2022, the Pietro Fiorentini Group achieved consolidated revenues above half billion USD, an increase of 8% compared to 2021. The Group has a consolidated customer base of natural gas transmission and distribution companies, oil and gas companies, engineering companies, EPCs, industrial end-users and utilities.
THE STORY: FROM ITALIAN FAMILY BUSINESS TO MULTINATIONAL COMPANY
Pietro Fiorentini SpA was established in Italy in 1940. Today, in addition to its headquarters in Arcugnano (Vicenza), the Pietro Fiorentini Group has 40 commercial and production sites, both in Italy and abroad, and employs around 2,800 people worldwide, with a distribution network covering more than 100 countries on all continents.
Production focuses on a wide variety of advanced technology solutions for the entire natural gas supply chain: from the components and services involved in distribution and transmission networks to a range of engineered solutions including valves, multiphase flow meters, processing plants, regulation and metering stations (ERMs).
Over the past decade, the company has invested heavily in R&D, mergers and acquisitions (M&A), and in its factories and production systems. As a result, it now holds a leading position in smart metering, as well as in smart grids in general, and can offer end-to-end solutions. State-of-the-art solutions thanks to the combination of mechanical and electronic know-how with software solutions provided by its subsidiary, Terranova.
More recently, in the field of energy transition, the Group has been accelerating its efforts to seize new opportunities related to green energy sources, such as biomethane, hydrogen and Power-to-gas. The Group is also expanding its horizons into water metering, digitalisation of the water cycle and the environmental sector.
Our customers are the basis of our daily work as part of a customer-focused logic that does not imply a simple focus on product quality or process optimisation, but is intimately linked to all the other elements (technical support, maintenance services, logistics, information and communication) that distinguish our relationship.
We work by integrating the principles of Lean Management, which has earned us the nickname of the Toyota of Italy over more than 20 years of rigorous application through our Agile Team network. These principles are dedicated to developing multi-purpose projects of the utmost importance, with a fast and flexible rationale, built on the model of modern start-ups.
Sustainability at the core
Our long-term strategy focuses on sustainability, not only for our business but also for the environmental system and the society in which we live. Protecting the world we leave to future generations is everyone’s responsibility and, as a company, we will do our part to prevent potential negative external effects related to our business and our industry.
Pietro Fiorentini’s values and principles are the foundation on which our corporate culture is based.
Our values encapsulate what we believe to be important as a Company and play a key role in establishing the conditions for working collaboratively. The principles that are linked to them are what convey to us the indications to respect in order to put them into action every day.
Reliability: We always deliver our commitments on time and successfully meet expectations to generate trust.
Communication: We ensure that strategies, programs, objectives and information are conveyed in a transparent, clear and comprehensible manner, taking care to understand the listener’s perspective.
Excellence: We set ourselves ambitious goals so we are constantly improving, identifying the value stream and organising our resources in order to reduce waste that would hinder development.
Commitment: We work resolutely to analyse problems, propose solutions and implement tasks, making the most of every opportunity.
Innovation: We pursue constant evolution by encouraging research into new solutions, without settling for the easiest route.
Teamwork: We involve and motivate our colleagues and employees, enhancing their ideas, skills and competencies with the aim of constant improvement in terms of performance and results.
Respect: We accept and defend the dignity of people and their work, regardless of their gender, race or origins, and strive to draw added value from diversity.
Sincerity: We demonstrate moral integrity, professional honesty and fairness in interpersonal relationships, courageously supporting ideas and opinions.
Quality, safety and environmental protection
Pietro Fiorentini has always complied with the latest regulations in terms of quality control, safety at work and environmental management. For us, it is not just about rules, but about our continuous quest for excellence.