eurtrue

HISTORICAL BACKGROUND

Eurtrue S.r.l. (*) is an Ebasco legacy, as better explained hereinafter.

In fact, in the early 80’s the American Corporation Ebasco had established several operations overseas in order to develop its Quality Programs services for the Oil & Gas and Energy sectors.

In 1995 Raytheon Engineers & Constructors acquired Ebasco. As a consequence of such acquisition, all Ebasco operations changed their name into Raytheon. Thereafter, all Ebasco Quality Programs became known as Raytheon Quality Programs. This change in name was effective in all its overseas operations.

In 2000 Raytheon Engineers & Constructors merged into the new Washington Group International. Therefore, all Raytheon operations effectively changed their name into Washington, including its Italy Quality Programs operation.

At the end of 2005, by way of a Management buyout, the Italian operation separated from Washington Group International and created a new entity, which shortly became Eurtrue S.r.l.

(*) Eurtrue is a Registered Trade Mark.