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

  • Volvo CE’s good results for Q2
    July 22, 2025
    Volvo CE is benefiting from strong results for Q2, 2025.
    Read More
  • The Lessons of the Genoa bridge collapse
    April 23, 2019
    The partial collapse of the Polcevera viaduct, better known as the Morandi Bridge, has prompted debate regarding the technical and administrative aspects of maintaining road infrastructures. We discussed it with the engineer Gabriele Camomilla, former Director of Research and Maintenance of the Società Autostrade, who coordinated the only major structural intervention performed on the bridge, carried out in the early 1990s
    Read More
  • Hanson in UK hydrogen-fuelled asphalt trial
    September 19, 2023
    Hanson is part of the consortium Bay Hydrogen Hub – Hydrogen4Hanson which will use nuclear-generated heat and electricity to create hydrogen for asphalt and cement sites.
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More

Highlighted Content