Milano Serravalle – Milano Tangenziali Explained

Milano Serravalle – Milano Tangenziali
Native Name:Milano Serravalle – Milano Tangenziali S.p.A.
Native Name Lang:it
Type:majority state-owned società per azioni
Founders:-->
Hq Location:4/A via del Bosco Rinnovato
Hq Location City:Assago
Hq Location Country:Italy
Services:toll road operator
Revenue: €253,285,045
Revenue Year:2014
Operating Income: €46,579,573
Income Year:2014
Net Income: €19,502,586
Net Income Year:2014
Assets: €1,469,416,084
Assets Year:2014
Equity: €403,840,351
Equity Year:2014
Footnotes:in consolidated balance sheets

Milano Serravalle – Milano Tangenziali S.p.A. is an Italian transport company. The company owned the concession until 2028 on Milan to Serravalle Scrivia section of Autostrada A7, as well as the concession of the ring roads or bypass road (Italian: Tangenziale and plural Italian: Tangenziali) surrounding Milan (A50, A51 and A52). The company was the holding company (78.972% stake) of Autostrada Pedemontana Lombarda, the operator of A36 (Cassano Magnago to Lentate sul Seveso).

The company also had equity interests in Tangenziali Esterne di Milano, a sub-holding company for the operator of A58 (Milan East Tangenziale; 47.66% stake) and the operator of A15 (Parma to La Spezia; 5.37% stake), as well as Autostrade Lombarde (2.7794% stake), another holding company for the operator of A35 (Provinces of Brescia, Bergamo and Milan).

The company sold the equity interests (4.6671%) in A4 Holding (the operator of Brescia–Padua section of Autostrada A4) to Società delle Autostrade Serenissima in 2014 for €44,151,210. However, until the final payment in 2019, the stake was mandated by Unione Fiduciaria.[1]

Shareholders

  1. Azienda Sviluppo Ambiente e Mobilità (Lombardy region via Finlombarda) (52.902%)
  2. Milan Comune (18.600%)
  3. Società Iniziative Autostradali e Servizi (10.656%)
  4. Province of Pavia (4.189%)
  5. Milan Chamber of Commerce (4.000%)
    1. direct (0.000%)
    2. Parcam (4.000%)
  6. Province of Como (3.634%)
  7. Autostrada dei Fiori (2.884%)
  8. Pavia Chamber of Commerce (1.560%)
  9. Pavia Comune (0.907%)
  10. Genoa Port Authority (Italian: Autorità Portuale di Genova) (0.283%)
  11. Como Comune (0.200%)
  12. Como Chamber of Commerce (0.127%)
  13. ASTM (0.048%)
  14. Società Autostrada Torino–Alessandria–Piacenza (0.007%)
  15. Province of Lecco (0.003%)
  16. Metropolitan City of Milan (0.000%)

Notes and References

  1. Web site: 2014 Annual Accounts. 16 December 2015. 19 March 2016. Milano Serravalle – Milano Tangenziali.