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  • The company listed on Euronext Growth Milan in July 2024
  • 31 st transfer from Euronext Growth Milan to Euronext Milan 


Milan – 4 September 2026 – Euronext today congratulates ICOP on its transfer from Euronext Growth Milan to Euronext Milan. The company listed on Euronext Growth Milan in July 2024 (Ticker code: ICOP).

Founded in 1920 by the Petrucco family, ICOP is an underground engineering company operating in Italy and internationally in the fields of special foundations, microtunnelling and maritime works. As the first benefit corporation in the industry, ICOP operates in the United States and major European markets, supporting private and public-sector clients, with a focus on long-standing relationships, on highly engineered projects related to the development of critical infrastructure (including the Paris and Copenhagen metro systems) and the strengthening of energy and water transport networks (gas pipelines and aqueducts). The group is headquartered in Basiliano (Udine) and employs over 1,100 people worldwide.

ICOP is the 31st company to transfer from Euronext Growth Milan to Euronext Milan.

Piero Petrucco, CEO of ICOP, said: “The transition to Euronext Milan represents the natural evolution of the journey we began with our listing in July 2024. In just over two years, we have achieved and exceeded the objectives presented at our IPO: EBITDA has grown by more than 500% and our share price has appreciated by approximately 400%. Today, we can count on a backlog of around €1.5 billion, which gives us clear visibility on future growth. We have strengthened our positioning in Europe, launched our expansion into the United States and continued to invest in technology and innovation, with projects such as RoboGO and Evolute Pipe Jacking. Our goal is to continue growing organically and to consolidate ICOP as an industrial and technological consolidation platform within microtunnelling and underground engineering. Euronext Milan aligns perfectly with this ambition and will enable us to broaden our visibility and shareholder base”.

icop

Caption: Paolo Copetti, Piero Petrucco, and Giacomo Petrucco rang the bell this morning to celebrate the listing of ICOP on Euronext Milan.

 

CONTACTS  

ANALYSTS & INVESTORS – ir@euronext.com 
Investor Relations Judith Stein  +33 6 15 23 91 97
  Margaux Kurver +33 6 84 16 85 03 
MEDIA – mediateam@euronext.com 
Europe    Andrea Monzani  +33 1 7048 24 45
Sandra Machado  +351 917 776 897
Belgium  Marianne Aalders  +32 26 20 15 01 
France, Corporate  Flavio Bornancin-Tomasella +33 1 70 48 24 45 
Greece Ioulia Zafolia +30 694 570 1070
Ireland Catalina Augspach +39 02 72 42 62 13 
Italy Ester Russom  +39 02 72 42 67 56 
The Netherlands  Marianne Aalders  +31 20 721 41 33 
Norway Cathrine Lorvik Segerlund +47 41 69 59 10 
Portugal Sandra Machado  +351 91 777 68 97
     

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About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal. In November 2025, Euronext acquired a majority stake in the Athens Stock Exchange (ATHEX), reinforcing its pan-European footprint and further extending its fully integrated market infrastructure with the addition of an exchange, a CSD and a clearing house.

As of June 2026, Euronext’s regulated exchanges in Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,800 listed issuers with €7 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 29% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

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