Atlantia (company)
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Headquarters in Rome | |
Listed società per azioni | |
Traded as |
BIT: ATL FTSE MIB Component |
Industry | Construction, transportation |
Founded | 1982 |
Headquarters | Rome, Italy |
Key people | Giovanni Castellucci (CEO), Fabio Cerchiai (Chairman) |
Services | Construction and operation of toll roads |
Revenue |
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Total assets |
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Total equity |
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Number of employees | 14,997 (2016) |
Subsidiaries |
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Website | www.atlantia.it |
Atlantia S.p.A. (formerly Autostrade S.p.A.) is an Italian holding company operating toll motorways and airports. Its primary asset is Autostrade per l'Italia, the largest concessionaire on the Italian autostrade network.[1] Another subsidiary of Atlantia, Autostrade of Virginia, is a member of the consortium that operates the Dulles Greenway.
On 14 August 2018, the highway bridge Ponte Morandi in Genoa managed by this group suffered a catastrophic collapse, causing the death of many. The Italian Government, in addition to possible penalties, is considering the possibility of removing the concessions of Italian motorways away from this group.[2]
Background
The firm is publicly traded on the Milan Stock Exchange and is a constituent of the FTSE MIB Index. Atlantia's largest single shareholder with around 38% of the company is Sintonia, an investment vehicle of the Benetton family.[3]
As of 2018 the group operates 5,000 km of toll motorways in Italy, Brazil, Chile, India and Poland, and manages airports in Italy and France.[4]
The subsidiary Autostrade International of Virginia O & M, Inc. was formed in 1993 to operate the Dulles Greenway in the U.S. state of Virginia.[5]
History
The company was founded in 2006 from the former company Autostrade S.p.A.[6]
In March 2018 Atlantia S.p.A bought 15& of GTlink for 1 billion Euro.[7]
A section of the company that controlled the Ponte Morandi bridge collapsed on 14 August 2018, causing the death of 43 people; Atlantia removed its company stand at the Communion and Liberation Meeting of Rimini on 15 August 2018.[8]
References
- ↑ "Italian motorways". Atlantia. Retrieved 15 August 2018.
- ↑ "Genova, Governo: revocare concessione Autostrade. Società: possiamo ricostruire il ponte in 5 mesi - Liguria". ANSA.it (in Italian). 2018-08-14. Retrieved 15 August 2018.
- ↑ "Shareholders". Atlantia S.p.A. Archived from the original on 21 December 2007. Retrieved 22 December 2007.
- ↑ "The Group". Atlantia. Retrieved 15 August 2018.
- ↑ "Wayback Machine". web.archive.org. Retrieved 21 August 2018.
- ↑ "Gemina saluta Piazza Affari, dopo la fusione con Atlantia". Repubblica.it. Retrieved 21 August 2018.
- ↑ "Atlantia entra nel tunnel della Manica: 1 miliardo per il 15,5% di Getlink". 2 March 2018.
- ↑ "Ponte Morandi, Autostrade toglie stand al Meeting di Rimini: "È inopportuno"". Il Fatto Quotidiano. Retrieved 21 August 2018.