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SIS - Societa Iniziative Autostradali E Servizi SpA News Story

€14.94 0.0  0.0%

Last Trade - 30/12/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.31bn
Position in Universe th / 732

Italy to freeze planned toll road hikes until June 2020-draft decree

ROME, Dec 19 (Reuters) - The Italian government intends to
delay increases in motorway tolls due to kick in at the start of
next year until June, a draft decree showed on Thursday.
    The delay comes as a blow to Atlantia's  ATL.MI  unit
Autostrade per l'Italia and other motorway operators that need
to renew tariff plans to conform to stricter rules laid out by
the transport authority, according to the draft decree seen by
Reuters.
    According to an industrial source, the toll freeze will
impact 22 motorway operators in Italy out of a total of 26. 

 (Reporting by Giuseppe Fonte and Stefano Bernabei; writing by
Francesca Landini, editing by Valentina Za)
 ((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))
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