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

  • Kapsch to provide radio infrastructure for Rio metro
    January 27, 2015
    Kapsch has been selected to provide the TETRA radio infrastructure for a new metro line in Rio de Janeiro, Brazil. Kapsch will provide four base stations, 30 in-train cab radios and 140 hand-held portable radios, as well as planning, design and deployment, to integration with existing communications systems on other metro lines. With 15 trains serving six major stations, the new Line 4 will take more than 2,000 cars off the road at peak times, helping to resolve some of the city’s worst traffic bott
    Read More
  • Kapsch to provide radio infrastructure for Rio metro
    January 27, 2015
    Kapsch has been selected to provide the TETRA radio infrastructure for a new metro line in Rio de Janeiro, Brazil. Kapsch will provide four base stations, 30 in-train cab radios and 140 hand-held portable radios, as well as planning, design and deployment, to integration with existing communications systems on other metro lines. With 15 trains serving six major stations, the new Line 4 will take more than 2,000 cars off the road at peak times, helping to resolve some of the city’s worst traffic bott
    Read More
  • Taking tolling towards new opportunities
    May 18, 2016
    Vinci’s André Broto presented his views on how the tolling industry could play an important role in helping authorities ease urban congestion, to delegates at the IBTTA conference. As director of foresight and strategy at Vinci Autoroutes, France, André Broto has been spending some time considering the future of tolling in his own country and worldwide. He presented his thoughts, which include a very different angle of the causes of, and solutions to, congestion at the IBTTA’s (International Bridge, Tunnel
    Read More
  • Turkish railway opts for Huawei GSM-R
    October 22, 2013
    Chinese information and communications technology solutions provider Huawei is to supply its Global System for Mobile Communications – Railway (GSM-R) solution to the Turkish State Railways (Turkiye Cumhuriyeti Devlet Demiryollari (TCDD)), to support the implementation of a modern digital railway communication network for the Kayas-Kayseri railway. Located on the Anatolia plateau, the 367-kilometre long Kayas-Kayseri railway line has 34 stations and 22 tunnels connecting the cities of Ankara and Kayseri
    Read More

Highlighted Content