Atlantia (company)

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Atlantia S.p.A.
Listed società per azioni
Traded as BITATL
FTSE MIB Component
Industry Construction, transportation
Founded 1982; 36 years ago (1982)
Headquarters Rome, Italy
Key people
Giovanni Castellucci (CEO), Fabio Cerchiai (Chairman)
Services Construction and operation of toll roads
Revenue Increase € 6.18 billion (2016)
Increase € 2.32 billion (2016)
Increase € 1.24 billion (2016)
Total assets Increase € 38.78 billion (2016)
Total equity Increase € 10.01 billion (2016)
Number of employees
14,997 (2016)
Subsidiaries
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[edit]

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[edit]

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[edit]

  1. ^ "Italian motorways". Atlantia. Retrieved 15 August 2018.
  2. ^ "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.
  3. ^ "Shareholders". Atlantia S.p.A. Archived from the original on 21 December 2007. Retrieved 22 December 2007.
  4. ^ "The Group". Atlantia. Retrieved 15 August 2018.
  5. ^ "Wayback Machine". web.archive.org. Retrieved 21 August 2018.
  6. ^ "Gemina saluta Piazza Affari, dopo la fusione con Atlantia". Repubblica.it. Retrieved 21 August 2018.
  7. ^ "Atlantia entra nel tunnel della Manica: 1 miliardo per il 15,5% di Getlink". 2 March 2018.
  8. ^ "Ponte Morandi, Autostrade toglie stand al Meeting di Rimini: "È inopportuno"". Il Fatto Quotidiano. Retrieved 21 August 2018.

External links[edit]