Rome city hall is ultimately
responsible for closing the balance sheet of the city's public
transport company ATAC because it is the sole stakeholder, its
general manager said Wednesday.
Francesco Micheli spoke after meeting Rome Mayor Ignazio
Marino and transport councillor Stefano Esposito.
"From an industrial standpoint, the company is doing what
it was supposed to do and I assure you that ATAC's situation is
less run-down than what is generally thought as we are basically
going to achieve a balanced budget next year," Micheli said.
Last week, Marino announced that he had decided with Lazio
Governor Nicola Zingaretti to look for an outside investor in
ATAC while keeping a majority stake.
The alternative, the mayor warned, was shutting down ATAC
and taking its books to court.
Micheli said ATAC instead expects "a recapitalization"
which he said was an "ordinary phenomenon".
He added that the company had no intention of revising its
industrial plan launched last year.
The Rome mayor said he has given ATAC a mandate to write up
a new industrial plan to attract investors and bring about "the
end of in-house management beginning in 2019".
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