Independent journal on economy and transport policy
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To railway society FNM 49% of the capital of FuoriMuro
the company manages in exclusive right the railway maneuvers in the port of Genoa
March 30, 2017
railway society FNM, that it is controlled by the Lombardy Region, has signed an agreement for the acquisition of a participation of 49% in FuoriMuro Harbour and Railway Services, the company that manages in exclusive right the railway maneuvers in the port of Genoa and work traction services towards the retroportuali logistic structures with services, as well as for the port of from Liguria chief town, from and for La Spezia, Livorno, Milan and Rivalta Scrivia.
With the transaction, than is previewed will be formalized tomorrow, FNM will buy for total 1,342 million euros the quotas capital of currently stopped FuoriMuro from the societies Inrail Spa (for 19.6%) and Tenor Srl (for 29.4%).
handling of goods in the within of the port of Genoa is carried out by FuoriMuro on the contract base specific of concession of services undersigned the 22 september 2015 with the Harbour Authority of having Genoa and the 22 expiration september 2020. In the agreement picture between FuoriMuro and FNM it is previewed for this last right, to exercise within six months from the eventual award of the new concession, to increase to 70% own participation in the share capital of FuoriMuro, according to the value that will be established with appropriate skill. FNM has specified that the fee of 1,342 million euros for the acquisition of 49% of FuoriMuro includes the prize of majority for the eventual acquisition of such ulterior quota, pairs to 21% of the share capital.
"For FNM - the president of FNM, Andrea Gibelli has explained - the partnership with FuoriMuro joins in the track of strategic Plan 2016-2020, approved of last month of september. The potenziamento of the transport goods on iron from the ports of the Liguria, joined to I throw again of the logistic system of the North the West, represents in fact one of the four fundamental pillars of the same Plan, along with the fleeting development of the transport, to I renew of the fleet and to the realization and management of transport infrastructures".
"the two fundamental objectives of strategic Plan 2016-2020 for the transport goods - it has specified Gibelli - are: to increase the competitiveness of the logistic field of the North the West through the development of logistic platforms, creating a context favorable to the increase of the economic system; to develop the intermodalità between the ports of the Liguria, retroporti in Po Plain and the national and international final markets".
In the exercise 2016 FuoriMuro has recorded a value of the production pairs to 15,233 million euros, an operating profit of 374 thousand euros and a profit of the exercise of 133 thousand euros. The net worth has turned out pairs to 853 thousand euros and the position clean financial institution to 462 thousand euros.
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