Salini Impregilo’s board of directors have approved a plan to rename the company to signal that its arrival at a "milestone" on its drive to become a global operator.
The group chose the name "WeBuild" after consulting branding specialists and internal and external stakeholders.
Pietro Salini, Salini Impregilo Group’s chief executive, said: "Today is a very important day for me. We are taking another step forward in this significant industrial operation that brings growth.
"The future of this new group is and must increasingly be connected to a clear mission of industrial growth and must be the result of the union and enhancement of the expertise of everyone. This is very important for a group with a global mission that competes with the largest international groups to build large complex infrastructure in over 50 countries."
Image: WeBuild’s logo is similar to Salini Impregilo’s previous one