Societa Iniziative Autostradali E Servizi SpA logo

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 £1.29bn
Position in Universe th / 737

No tariff increases for most Italian motorways in 2020 -ministry

ROME, Dec 31 (Reuters) - Some 95% of Italy's motorway
network will not see any increase in tariffs in the coming year,
the Transport Ministry said in a statement on Tuesday.
    The government said earlier this month that it would delay
until June increases in motorway tolls that had been due to kick
in at the start of 2020. 
    In Tuesday's statement, the ministry indicated that the toll
freeze would extend to the end of the year, impacting most of
the country's 26 motorway operators, including Atlantia's
 ATL.MI  unit Autostrade per l'Italia. 
    "Therefore, 95% of the motorway network which is under
concession will see no tariff increases for the year 2020," the
ministry said.

 (Reporting by Crispian Balmer)
 ((crispian.balmer@thomsonreuters.com; +390685224351; Reuters
Messaging: crispian.balmer.reuters.com@reuters.net))
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.