Italian railway company Ferrovie
dello Stato (FS) and motorway company ANAS on Thursday announced
a merger creating a group with a turnover of 11 billion euros,
cutting costs by 800 million euros. The capital hike is 2.86
billon euros, FS and ANAS chiefs Renato Mazzoncini and Gianni
Vittorio Armani said. "With the OK from the European Anti-Trust
agency and the signing at the economy ministry the operation of
merging the ANAS group into FS has been completed," they said.
photo: Mazzoncini
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