2014 ANNUAL REPORT

113 348

113
*Europe - Middle East - Africa
**Asia - Pacific
Euro163 million
EMEA* 79%
North America 8%
South and Central America 10%
APAC** 3%
CAPITAL EXPENDITURE IN 2014
Euro163 million
Increase capacity/product mix 30%
Energy Projects 18%
Energy Products 5%
Telecom7%
Base-load 10%
Eciency20%
IT, R&D 12%
Other 28%
Enterprise" cable ship in order to provide it with an advanced
"DP2" manoeuvring and dynamic positioning system; this
work will be completed in early 2015, allowing the Group to
use the ship for submarine cable laying and installation ac-
tivities for the rest of the year. The other major investments
were the acquisition of the industrial building in Pikkala
(Finland) and continued work at the Ansaldo 20 industrial
site, in the Bicocca district of Milan, on building the Group's
new headquarters, which will extend over an area of more
than 20,000 m2 and allow the Group to consolidate all
its Milan-based company functions in one place, with a
resulting saving in running costs.