European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent research observatory tracking Europe’s listed growth companies.

Francesco Castellaneta, Full Professor of Strategy and Entrepreneurship, SKEMA Business School – Université Côte d’Azur (GREDEG) · Scientific Committee Diego Zunino and Jackie Krafft

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Annual rank5

Italy · Energy

Rosetti Marino

Provides engineering, procurement, construction and installation services worldwide for the energy industry.

+148%revenue growth
FY2022–FY2025
+695%net-income growth
FY2022–FY2025
+731%stock return
FY2022–FY2025
−12%2026 stock return
current context only

Company profile

Engineer, fabricate and install complex energy infrastructure

Rosetti Marino is a Ravenna-based engineering group that grew from a one-worker mechanical workshop founded in 1925 into an international contractor. It combines in-house engineering, procurement, fabrication yards, offshore installation and technical services for conventional energy, offshore wind, carbon capture and energy-storage infrastructure, supported by specialist companies and operating bases outside Italy.

Products and services

Take an offshore structure from early design to installation

Rosetti Marino delivers topsides, jackets, living quarters, compression and utility modules, subsea structures and brownfield revamps. Its scope can run from FEED and detailed engineering through procurement, fabrication, commissioning, offshore installation, operations and maintenance, joining office engineering with its own construction yards.

Energy-transition projects

Build offshore wind foundations, hydrogen storage and carbon-capture platforms

For Nordsee II and Gode Wind 4, the group delivered a 60-metre jacket and a 30-metre transition piece. The Baseload Power Hub combines batteries, an electrolyser and a fuel cell inside an offshore wind farm. A Liverpool Bay project extends the portfolio to four structures for carbon capture and storage.

Projects and geography

Load out in Ravenna, then deliver from the North Sea to Tierra del Fuego

Tolmount paired a 5,000-tonne topside with a 75-metre jacket for the North Sea. Ravenna's FSRU terminal required an EPCIC receiving platform and mooring structures, while Fenix placed an 86-metre wellhead jacket off Tierra del Fuego. Owned and partner yards extend fabrication into Kazakhstan.

Heritage and operating model

Turn a blacksmith workshop into a network of engineering specialists

Marino Rosetti began with one worker on 1 April 1925. The Piomboni yard later opened the offshore-construction market; Fores Engineering added automation and electro-instrumental systems, while Basis and Tecon deepened multidisciplinary design. The same timeline records work on the Costa Concordia recovery and Carlo Magno's role refloating Ever Given.

Current 2026 update

What is changing at Rosetti Marino in 2026?

A 5,200-plus-tonne gas-treatment module has moved from Ravenna fabrication to the Bouri field, and Rosetti's current project page labels its scope Completed. At Liverpool Bay, Rosetti's four-platform project is marked In progress within a wider CCS network that Eni said was more than 30% built in May. e-ROSS remains a pilot-scale technology programme rather than a commercial product.

Latest official evidence Bouri module installed offshore Published 3 June 2026

The change in one sentence

Engineering and fabrication capabilities now span gas treatment, carbon storage and carbon reuse.

Bouri, Liverpool Bay and e-ROSS sit at three different maturity levels: a completed Rosetti project listing, multi-year infrastructure construction and experimental technology development. The change is the reuse of engineering and fabrication capabilities across those settings, not a single financial quarter.

Four lenses on 2026

The same four-quadrant format used in the Company profile.

01 · The offshore handover

A two-year Ravenna build has moved from yard to offshore integration

Saipem announced on 3 June that it had lifted the gas-treatment module onto Bouri's existing DP4 platform. The structure weighs more than 5,200 tonnes, measures approximately 45 by 31 by 45 metres and was fabricated by Rosetti in about two years. Saipem said the follow-on integration, hook-up and commissioning would be entrusted to Rosetti; Rosetti's current project page now labels its EPCIC scope Completed.

  • Current signal5,200+ tonnes · Rosetti project status: Completed
  • Why it mattersThe job shows how Rosetti can combine yard fabrication with offshore integration on an existing energy asset, while operating performance remains a separate milestone.
  • Bouri installation Saipem · 2026-06-03
  • Bouri project status Rosetti Marino · checked 2026-08-28

02 · The carbon-storage build

Four Liverpool Bay structures make carbon storage a live project

Rosetti's contract, valued at more than EUR 300 million, covers design, procurement, construction and load-out of four platforms, plus offshore hook-up and commissioning. Delivery is scheduled progressively from 2026 to 2028. Rosetti marks the project In progress with 2028 delivery; Eni said in May that more than 30% of Liverpool Bay CCS construction was complete and the network remained due to operate in 2028.

  • Current signal4 platforms · >EUR 300m · progressive delivery to 2028
  • Why it mattersCarbon storage is already using Rosetti's engineering, fabrication and offshore skills in a current programme rather than existing only as a future market claim.
  • Liverpool Bay award Rosetti Marino · 2025-04-30
  • Liverpool Bay project Rosetti Marino · checked 2026-08-28
  • Liverpool Bay progress Eni · 2026-05-21

03 · The experimental edge

The 25 kW reactor is a scale-up experiment, not yet a product

Rosetti says e-ROSS has produced the detailed design of a 25 kW reactor and its pilot plant. The pilot is intended for Rosetti's facilities, where an approximately 12-month experimental campaign is meant to test operating conditions and validate the technology at TRL 5-6 before the project ends in June 2027. Renewable electricity powers the process that uses captured CO2 and green hydrogen to make syngas.

  • Current signal25 kW pilot · approximately 12 months · target TRL 5-6
  • Why it mattersThe project could add repeatable process know-how in carbon reuse and syngas production, but its present evidence is experimental design and a planned validation campaign.
  • e-ROSS pilot Rosetti Marino · checked 2026-08-28

04 · What to watch

Three questions for the next disclosures

Three disclosed milestones separate physical delivery from future optionality.

  • Bouri operationDoes the operator disclose operating performance after the hook-up and commissioning work entrusted to Rosetti, whose current project page now labels the scope Completed?
  • CCS deliveryWhich of the four Liverpool Bay structures reaches the first progressive delivery milestone, and does the programme remain on its 2028 schedule?
  • Pilot evidenceDoes the e-ROSS experimental campaign begin, publish results and validate the intended TRL 5-6 step?

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY20255+148%+695%+731%