Monday, November 23, 2015

Railways, road to privatization of 40% Delrio: “The network will remain public” – TGCOM

– First step towards privatization, in 2016, the State Railways. This was announced by the Minister of Transport, Graziano Delrio, at the end of the CDM: “This starts the process that takes into account the complexity of the management and the need to increase the obligations of public service.” Delrio points out as “the alienation of Railways will not go over 40% while the railway infrastructure will remain public.”



 Railways, via a privatization of 40%Delrio: & quot; The network will remain public & quot;

” The privatization State Railways – then writes Palazzo Chigi in a statement – is expected during 2016, in line with market conditions. “It also announced that the government provides” even the listing of ENAV for the first half of 2016 “.

“The 40% will go to a potentially alienable shareholder base and institutional investors – said the minister -. This is the start of a direction to ensure greater efficiency, a starting course that covers mainly services to market. “In the process will be expected to attend the group’s employees who, Delrio says,” will also produce excellent results this year ” .

“Privatization yes, but with many stakes” – This emphasizes Delrio, “just a start of the path of privatization, with some stakes.” Among them, that “ownership of the network remains public and the independence of the transmission.” In addition, says the minister, “will be guaranteed the obligations of public service and the full majority shareholding of the State.” If the privatization will cover “Trenitalia or share RFI spun off, is a work that will be done in the coming weeks “.

He added:” We have a country with still too many gaps between services of high-speed and commuter passenger services, regional services. Our company status must be committed, especially in public services. The operation goes in the direction of greater efficiency “.

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