Sustainable Building Awards 2025 Tugnolo A&C srl originated as part of a group of companies established by the Tugnolo family in Northern Italy. The Founder, Annibale Tugnolo, migrated from the Veneto region to industrial Piedmont in the post-war period, initially working in construction and infrastructure for established entrepreneurs in the Chieri area. He later expanded into environmental services and facility management, and in 1980, founded his own company. Over time, he built one of the most prominent service providers in the Turin region, focusing on contracts with local authorities and private clients. In the 1990s, Annibale’s daughter Letizia joined the business, taking on a central role in administration and financial oversight. Her involvement marked a shift towards more structured investment strategies and income management, contributing to the company’s continued expansion. The business remained family-owned and operated, with a strong emphasis on operational reliability and longterm client relationships. Italy’s energy and construction sectors continue to evolve under pressure from EU climate targets, shifting tax policies, and changing consumer expectations. In this environment, companies that combine technical capability with financial discipline and strategic foresight will be best positioned to lead. Tugnolo A&C srl is a group whose model reflects this demand, offering a framework for sustainable growth in a sector defined by transformation. As Tugnolo is named in the Sustainable Building Awards 2025, we took a closer look at the company’s longstanding legacy. Best Sustainable Construction Company – Italy In 2019, the Tugnolo family sold its core operations to an industrial group, retaining a single business branch and preserving full autonomy. This decision laid the groundwork for a strategic repositioning, which formally began in late 2021 when Letizia Tugnolo, supported by consultant Riccardo Palmerini, acquired majority ownership of the company. The new leadership team identified growth opportunities in energy redevelopment and financial services, driven by EU directives and Italy’s Superbonus incentive scheme. Tugnolo restructured its operations to function as a financial general contractor, coordinating redevelopment projects that qualified for tax incentives on energy efficiency and seismic upgrades. The company secured ceilings for the assignment of receivables, structured procurement contracts, and engaged external advisors – including members of the Big 4 and PWC – for verification and certification of tax credits. To support its expanded scope, Tugnolo recruited high-profile managers and technical specialists across construction, plant engineering, and compliance. It also opened offices in Veneto, Bologna, and Lecce to facilitate regional partnerships and respond to market demand in photovoltaic development, real estate redevelopment, and tourism infrastructure. Rather than relying on a commercial network, Tugnolo built direct relationships with professionals, condominium administrators, and client companies. This approach enabled greater control over quality, documentation, and timelines. During this period, the company also acquired and relaunched dormant entities, transforming them into specialised subsidiaries focused on engineering, documentation, and operational execution. The Superbonus era served as a catalyst for Tugnolo’s evolution into a fully operational holding company. By integrating financial, technical, and compliance functions, the company developed a scalable model that
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