About CIR
Compagnie Industriali Riunite SpA (CIR) is the holding company of a leading Italian industrial group active in five business sectors:
- Energy - electricity and gas
- Media - publishing, radio, television and internet
- Automotive components - filters and suspension systems
- Healthcare - residences for the elderly and rehabilitation services
- Financial services - non performing loans, private equity and venture capital
CIR is listed on the Milan Stock Exchange (FTSE/MIB index), and is controlled by Compagnia Finanziaria De Benedetti SpA (COFIDE), the financial holding company of which the De Benedetti family holds a 52% stake.
CIR was founded in 1976 by Carlo De Benedetti, currently Honorary Chairman, who acquired a small tanning business (Concerie Industriali Riunite) and transformed it in a diversified industrial company. Carlo’s son, Rodolfo De Benedetti, has been Chief Executive Officer of CIR since 1993.
In 2009 CIR group posted consolidated revenues of 4.3 billion euros, with an EBITDA of 294.6 million euros and a net income of 143.4 million euros. At the end of 2009 the group had around 12,750 employees.
2009 group sales by business

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2009 group sales by geographical area

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