Baker Hughes to invest nearly €300mn to develop its facilities in Italy

Rome: At the Gastech Exhibition and Conference in Milan, Baker Hughes unveiled a plan to allocate around €300 million over the next five years to upgrading and expanding its facilities and plants in Italy.

The initiative is intended to address the growing global demand for the company’s technology solutions that promote safe, reliable, and sustainable energy production.

This commitment represents one of Baker Hughes’ most significant recent investments in Italy. It is designed to reinforce production infrastructure, boost overall manufacturing capacity, and speed up the development of advanced technologies, including turbine compressors for use in data centers, liquified natural gas (LNG), and hydrogen, supporting both energy expansion and the broader energy transition.

The program will also create new, highly specialized roles in Italy, particularly in production and engineering, and will cover nearly all of Baker Hughes’ Italian sites within its Industrial and Energy Technology (IET) division.

“We are very pleased to announce this important investment in our Italian facilities to ensure our global customers continue addressing growing energy demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “With this increased capacity, we will be able to further accelerate the development and delivery of key technologies to make sure energy is affordable, secure and sustainable for the long term,” he dded.

For his part, Alessandro Bresciani, senior vice president of Energy Equipment at Baker Hughes said, “This investment plan not only strengthens our production capacity and creates highly differentiated jobs but also reaffirms the strategic importance of our facilities and people in delivering the advanced technology solutions the world needs.”

Baker Hughes has a long-standing presence in Italy, serving as one of the company’s key global hubs for manufacturing, research, and technology development. Its IET business operates major facilities in Florence, Massa, Avenza, Bari, Talamona, and Vibo Valentia, where it develops and produces advanced energy technologies such as turbine compressors, pumps, and digital solutions.