Move to establish north-east Italy motorway construction hub

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy. The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, Autostrada Serenissima and Autovie Venete, to be carried out over five years, would
October 4, 2012 Read time: 2 mins
Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy.

The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, 6668 Autostrada Serenissima and 5372 Autovie Venete, to be carried out over five years, would give the project US$ 3.89 billion in capital. This would then be boosted by an additional $ 12.93 billion from project financing sources, while other firms such as Autobrennero and Pedemontana Veneta could also be added to the mix.

The companies currently thought to be involved in the plan are funds Equinox and F2i; civil engineering groups 5177 Vinci and Gavio; and bank 1473 Intesa Sanpaolo. Ultimately, the new hub could be floated on the stock exchange with the support of a rock-solid business plan.

For more information on companies in this article

Related Content

  • Plenty of Energya to deliver job site sustainability
    July 10, 2023
    CIFA has a rich innovation history and a bright future, demonstrated by the concrete machinery specialist's strong presence at the 31st edition of SaMoTer in Verona (3-7 May 2023). Guy Woodford spoke to Marco Polastri, CIFA's sales, aftersales and marketing director, at the well-attended exhibition to hear more about the Italian company's present and future.
    Read More
  • Volvo CE machines help restart quarry production
    March 14, 2017
    Machines from Volvo CE have helped restart production at a quarry in the US state of Colorado. The site had closed down nearly 50 years ago as its remote location meant that margins were slim for the producer. However, introducing new, modern machines has helped ensure that the site is once more producing the high-quality Yule marble. A leading stone producer in Italy, Carrarabased RED Graniti opted to take over ownership of the Colorado Yule marble quarry in 2011. With a resurgence in demand for the Yule
    Read More
  • Pakistan’s vital motorway links
    March 17, 2025
    Pakistan’s vital motorway links will boost connectivity.
    Read More
  • Building the diamond road in Lesotho
    April 6, 2016
    A job site in the Southern African nation of Lesotho represents one of the most extreme and challenging projects to some key Italian firms of the last 10 years. The project was certainly different from the norm It involves building a road in the Lesotho Mountains, some 200km from the capital Maseru, with the work being carried out by the Cooperative of Building and Cement workers from Ravenna (CMC). CMC, which has ranked among Marini's clients for many years now, is involved in the construction of a
    Read More

Highlighted Content