308:(JORN) project. The company expanded across the defence sector into engineering infrastructure and service businesses, such as gas, water, electricity, and the supply of speed cameras and traffic wardens. By the time that Salteri retired in 2007, Tenix had annual revenue of A$ 1.7 billion. Tenix sold its defence business to
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The pair stood down as joint managing directors in 1989 in favour of their eldest sons, Paul
Salteri and Marco Belgiorno-Zegna. However, in a dispute between Salteri and Belgiorno-Nettis in 1995, the differences between the two families became irreconcilable and Transfield, then valued at A$ 733.2
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After working in
Australia for five years with SAE, in 1956 both Salteri and Belgiorno-Nettis (as he later became known) jointly decided to leave SAE and form Transfield, in a partnership that lasted 40 years. The company focused on major engineering projects, such as bridges, tunnels, dams,
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Salteri commenced work with
Italian engineering company, Società Anonima Elettrificazione SpA (SAE), before the company was awarded a contract to build powerlines in Australia. Salteri was appointed in charge of the 25 workers travelling to Australia, together with
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for service as a leader in industrial and technological development in
Australia, to the engineering, construction and manufacturing industries, and to the community through a range of artistic, cultural and health-related organisations.
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hydro-electric and coal power stations, oil rigs, concert halls, sugar mills and power lines. Included in their list of major achievements are the construction of the
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Salteri established the Tenix
Foundation to provide assistance for education, research and underprivileged children. Up until his death, Salteri was a patron of the
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million was split in two. The
Belgiorno-Nettis family kept the name Transfield and the construction side of the business, while the Salteri family got the company's
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in June 2008, and its main business interests are in infrastructure and parking and traffic businesses across
Australia, New Zealand, the Pacific and the US.
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350 million; and within five years grew to the point of being the biggest engineering firm in south-east Asia. The company acquired the
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The eldest child of
Giuseppe and Flavia Salteri, Carlo Salteri was born on 23 October 1920 and raised in a well-heeled family in
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before being called up by the
Italian army a year later, where he served as a junior artillery officer. At the conclusion of
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as his deputy. In 1951 Salteri migrated to
Australia with his wife Renata and young family.
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190:(23 October 1920 – 12 October 2010) was a prominent Australian businessman,
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governments, the largest defence company in Australia. When visiting Australia in 1986
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in Melbourne and, in 1989 after winning a A$ 6 billion contract to build ten
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Salteri reputably kept this coin from that day, until the day of his death.
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headquarters and the defence operations, which they then renamed as Tenix.
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323:"...to make one million, one has to start from a 5 centime coin..."
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Tenix grew quickly on the back of the contracts to construct the
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Grand Officers of the Order of Merit of the Italian Republic
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by the Italian government. In 2002, he was appointed a
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335:In 1999, Salteri was made a Grand Officer of the
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218:. In 1940 he commenced an engineering degree at
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27:Australian businessman and mechanical engineer
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554:. Commonwealth of Australia. 26 January 2002
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498:. Tenix Group. October 2010. Archived from
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451:"Transfield co-founder Carlo Salteri dies"
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349:Australian Indigenous Education Foundation
351:and was a key supporter of education for
280:toured the Transfield factory located at
419:"Laying foundations of modern Australia"
341:Companion (AC) of the Order of Australia
615:20th-century Australian philanthropists
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141:Renata Salteri (diss. 1981, dec'd 1991)
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358:Salteri died at the Mater Hospital in
337:Order of Merit of the Italian Republic
304:-class frigates and completion of the
548:"Companion of the Order of Australia"
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605:Companions of the Order of Australia
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306:Jindalee Operational Radar Network
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523:"Transfield boss Salteri retires"
521:Ooi, Teresa (10 February 2007).
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600:Italian emigrants to Australia
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315:The name Tenix derives from
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459:Australian Associated Press
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206:Background and early years
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595:Australian businesspeople
423:The Sydney Morning Herald
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272:for the Australian and
148:Roslyn Cameron-Salteri
263:Williamstown Dockyard
255:Sydney Harbour Tunnel
108:Politecnico di Milano
590:Engineers from Milan
502:on 27 September 2011
417:(22 October 2010).
382:Transfield Services
192:mechanical engineer
492:"Carlo Salteri AC"
198:and co-founder of
461:. 13 October 2010
415:FitzSimons, Peter
278:Pope John Paul II
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16:(Redirected from
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270:-class frigates
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81:(aged 89)
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457:. Australia.
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36:Carlo Salteri
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556:. Retrieved
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530:. Retrieved
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504:. Retrieved
500:the original
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463:. Retrieved
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426:. Retrieved
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290:North Sydney
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224:World War II
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79:(2010-10-12)
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585:2010 deaths
580:1920 births
310:BAE Systems
282:Seven Hills
274:New Zealand
220:Politecnico
127:Founder of
96:Nationality
574:Categories
388:References
355:students.
353:Indigenous
240:Transfield
200:Transfield
123:Transfield
99:Australian
55:1920-10-23
104:Education
89:Australia
366:See also
331:Personal
317:tenacity
253:and the
251:Brisbane
170:Children
558:31 July
465:31 July
455:The Age
428:31 July
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135:Spouses
18:Salteri
532:31 May
506:31 May
360:Sydney
235:Career
85:Sydney
372:Tenix
302:Anzac
296:Tenix
268:Anzac
216:Italy
212:Milan
196:Tenix
157:(
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129:Tenix
112:Milan
67:Italy
63:Milan
560:2011
534:2011
508:2011
467:2011
430:2011
174:Paul
74:Died
49:Born
259:A$
249:in
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187:AC
159:m.
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