Independent journal on economy and transport policy
12:53 GMT+1
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the government has started the iter in order to privatize until 40% of Italian Railroads of the State
Delrio confirmation the full majority of the shareholders of the State
November 23, 2015
Today the Council of Ministers has approved of under investigation preliminary decrees relative to the cession not beyond 40% of quotas the society Italian Railroads of the State Spa (FS), provision with which is ordered the alienation of the quota participation in the society having arranged that such cession - that could be carried out also in more phases - comes true through a public offer for sale turned to the public of the thrifty people in Italy, included the dependent of the group Railroads of the State, and to Italian and international institutional investors, and quotation on the securities market.
The outline of I decree, moreover, previews that, to the aim to favor of the participation to the offer, for the dependent of the group Railroads of the State they could be previewed boosting forms, considered also of the praxis of market and precedence privatization operations, in terms of classified quotas the offer (tranche of the classified offer and lotteries minimum wages) and of price (for example, as in precedence operations of privatization, bonus share which put up regarding the indistinct public) or of modality of financing. In the within of the process that will carry to the income of private it is previewed that the property of the railway infrastructure, that is managed by Railway Net Italy (RFI), remains in public hand.
I decree will be sent to the competent Parliamentary commissions to the aim to acquire the previewed opinions. The government has emphasized that with the today's approval the oriented process sets off formally on the partial cession of the Railroads of the State, leaves of the governmental plan of privatizations that has recently carried in Poste Italiane Stock exchange and previews also the quotation Enav for the first half of 2016.
The privatization of FS is previewed in course 2016. The minister of Infrastructures and the Transports, Graziano Delrio, confirming that the privatization previews "the full majority of the shareholders of the State", he has explained that today a procedure is started "that the complexity of the management of the FS and the necessity keeps in mind to increase obligation to it of public service, which high speed and services for the pendular ones". Delrio has specified that, besides the maintenance of the public property of the railway infrastructure, the distance start will hold anticipates issues as "the guarantee of access to all in equal way and the appraisal of complete independence of the manager of the net". The minister has specified moreover that if the privatization will regard "Trenitalia or a scorporata quota RFI is a job that will be made in the next weeks".
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