AN EXCELLENT 2022 FOR GSE ITALIA: REVENUE UP 111% FOR THE GROUP’S ITALIAN BRANCH

Exponential growth continues for GSE Italia, which released its consolidated results in April 2023: the company more than doubled its revenue, increasing from €123 million to €259 million (+111%). These figures confirm the strengthening of GSE’s position in the Italian market, where over the last 24 years it has managed projects covering more than 1.9 million square metres.

“We are extremely pleased with these results, achieved in a complex historical context that we successfully navigated thanks to the strong cohesion of the entire Group. We believe they confirm the commitment and quality that every employee brings to each project, as well as our ability to effectively coordinate complex developments involving numerous stakeholders and a supply chain of the best professionals and subcontractors in the market,” said Valentino Chiarparin, Country Manager of GSE Italia. “Today, we are proud to be among the 1% of companies awarded the EcoVadis Platinum rating, to build half of our projects within urban regeneration contexts, and to begin delivering our first Zero Carbon buildings to clients. From here, we aim to create an ecosystem of expertise that supports all our customers in accelerating the ecological transition of the real estate sector.”

Commitment to safety and training
GSE Italia’s success has deep roots and is based on a corporate philosophy that places people at the centre, as demonstrated by the company’s workforce growth: from just 9 employees in 2018 to more than 100 today. GSE Italia is first and foremost a company of people, protecting their safety not only through established procedures but through a genuine assumption of direct responsibility by management that goes beyond regulatory requirements. To this end, the company established its Quality and Safety Department in 2005, which forms part of the executive management committee. Seven managers, coordinated by a department director, oversee two key missions: continuous risk assessment and ongoing training delivery.

In addition to regular technical meetings focused on analysing management and execution best practices, particular importance is given to the review of “near misses”, situations that could potentially have resulted in accidents. In this respect, training and prevention are considered essential tools for achieving the highest market standards. For this reason, GSE personnel follow a rigorous training programme designed to disseminate the company’s best safety practices. In 2023 alone, 1,304 hours of training were delivered, representing a 34% increase compared to the previous financial year.

GSE Italia’s business areas
In addition to being one of the leading players in logistics construction, in 2022 GSE Italia established two dedicated operational units focused on specific business lines: the industrial sector and the multi-storey parking sector, developed using the proprietary construction system of parent company GOLDBECK, which has already been introduced in Italy.

GSE Italia certifications
GSE Italia’s business is built upon a practical commitment to quality, safety and sustainable development. With this objective in mind, the company has undertaken a corporate certification programme to formally recognise the standards it has achieved. First and foremost is the EcoVadis Platinum certification, which reflects the strength of GSE’s CSR performance and sustainability strategy. This is the highest distinction awarded by the agency and places GSE among the top 1% of companies assessed out of more than 75,000 organisations worldwide, thanks to a score of 74/100 achieved in 2021 and subsequently improved to 79/100 in 2022.

GSE Italia has also recently obtained ISO 9001 certification, a voluntary certification that confirms the quality of the company’s management system and its ability to meet customer expectations effectively. Procedures have also been initiated to obtain the SOA qualifications required for operating within the public sector.

At project level, sustainability remains one of the cornerstones of GSE Italia’s development strategy. Over the past year, GSE projects achieved three LEED Silver certifications, one LEED Gold certification, two BREEAM Very Good certifications and one BREEAM Excellent certification. In addition, five projects either completed or currently under construction are pursuing three LEED Gold certifications, one LEED Silver certification, one BREEAM Excellent certification and, for the first time for an Italian logistics building, the prestigious ZERO CARBON Certification by the International Living Future Institute.