Ferrovie dello Stato Italiane to acquire Astaldi stake in Milan Metro line 5

Italian company Ferrovie dello Stato Italiane has agreed to purchase Astaldi’s investment in M5 SpA, concessionaire of Line 5 of the Milan Metro. Line 5 of the Milan Metro links Bignami Parco Nord station to San Siro Stadio station, along a route extending for about 13 kilometres, with 19 stations and a light transport system connected with Milan’s other underground lines. The transaction calls for the sale of a 36.7 per cent stake held by Astaldi in M5. Astaldi will remain a shareholder with a two pe
December 13, 2016 Read time: 1 min
Italian company Ferrovie dello Stato Italiane has agreed to purchase Astaldi’s investment in M5 SpA, concessionaire of Line 5 of the Milan Metro.

Line 5 of the Milan Metro links Bignami Parco Nord station to San Siro Stadio station, along a route extending for about 13 kilometres, with 19 stations and a light transport system connected with Milan’s other underground lines.

The transaction calls for the sale of a 36.7 per cent stake held by Astaldi in M5. Astaldi will remain a shareholder with a two per cent share in M5, ensuring support in developing the activities under its responsibility.

Related Content

  • Conduent counts on Italian buses
    April 21, 2021
    Passenger-monitoring system will allow transit companies to comply with Covid regs
    Read More
  • Atlanta ponders Mobility as a Service for seamless transit
    June 29, 2018
    Drivers in Atlanta spent 70 hours in peak-time traffic jams last year. As the MaaS Market conference moves to the US’s fourth most congested city, we ask how Mobility as a Service can help. Colin Sowman winds down his window to listen. It is not by accident that ITS International’s first MaaS Market conference outside London is being hosted in Atlanta. The event is being supported by Georgia State Road & Tollway Authority and the City of Atlanta – and again not without a reason as metro Atlanta is looking
    Read More
  • European tunnel safety steps up a gear
    September 19, 2017
    David Crawford reviews the latest safety systems installed in European tunnels. Blueprints for the safer road tunnels of the future are emerging fast as European operators invest in technologies to enhance travellers’ prospects of surviving an accident. Central to modern emergency planning is the principle that, following an incident, drivers should be enabled to rescue themselves and their passengers with the aid of prompt and correct identification and communication of the hazard. Roles for cooperativ
    Read More
  • Active traffic management increases safety and capacity
    February 2, 2012
    WSDOT is deploying Active Traffic Management in order to increase safety and capacity on its strategic roads. WSDOT's Patricia Michaud elaborates
    Read More

Highlighted Content