Casta Diva wins the Mediterranean Games and celebrates with an all-time high on the stock exchange
Andrea De Micheli's entertainment and events company was awarded a sports competition contract after the successful Olympics ceremony in Cortina. Shares fly to 3.16 Euro
Casta Diva, an agency specialising in the design and realisation of events and listed on the Milan Stock Exchange, has won the tender for the conception, design and realisation of the opening and closing ceremonies of the 20th Mediterranean Games to be held in Taranto from 21 August to 3 September 2026.
The value of the order
The public tender, in which the biggest players in the sector took part, has a total estimated value of EUR 2,450,000.
The two ceremonies will take place at the Erasmo Iacovone stadium in Taranto and will involve more than 300 professionals including creative direction, production, technicians and workers, with a stage set designed to enhance the specificity of the facility and to support a story with a strong visual impact.
Diversification in Major Events
Andrea De Micheli, President and CEO of Casta Diva, which owns the Blue Note jazz club in Milan, commented: 'In 2022 we decided to enter the sector of major international ceremonies and today, in the light of the Paralympic Ceremony that has just ended and this new assignment - which represents after Milan-Cortina the other major public event in Italia in 2026 - we can declare that we have achieved our goal and have fully entered the sector's leading players'.
In recent days, Casta Diva also reported consolidated revenues for Q1 2026, which came in at €25 million, up 6.8% from the previous year's figure of €23.7 million in Q1 2025. On the other hand, the value of the backlog (orders to be completed within the year) stands at 43.9 million: the cumulative total is almost 70 million, slightly up on the 31 March 2025 figure and already covering 45% of the 2026 target.


