A4 Holding
|
Native name
|
A4 Holding S.p.A. |
|---|---|
|
Formerly called
|
Autostrada Brescia Verona Vicenza Padova |
| subsidiary of a listed company | |
| Founded | June 1952 |
| Headquarters | Verona, Italy |
|
Key people
|
|
| Revenue |
 €559,241,763 (2015) |
|
€79,241,040 (2015) |
|
| Profit |
 €42,451,005 (2015) |
| Total assets |
€1,749,109,885 (2015) |
| Total equity |
€648,443,861 (2015) |
| Owner | Abertis (51.3964%) |
| Parent | Abertis |
| Subsidiaries |
|
| Website | a4holding.it |
|
Footnotes / references in consolidated basis |
|
A4 Holding S.p.A. known as Gruppo A4 Holding (previously as Serenissima Group), is an Italian holding company based in Verona, Veneto region. The company owned Autostrada Brescia Verona Vicenza Padova (100%), the operator of Brescia–Padua section of Autostrada A4 and Autostrada A31 (Rovigo via Vicenza to Piovene Rocchette), as well as an equity interests in Autostrada del Brennero, the operator of Autostrada A22 (Modena to Brenner Pass; 4.2327% stake via Serenissima Partecipazioni which A4 Holding owned 99.999% stake) and Autostrade Lombarde, the parent company of the operator of Autostrada A35 (Brescia to Milan; 4.90% stake via Autostrada Brescia–Padova).
Autostrada Brescia Verona Vicenza Padova (P.IVA 00212330237; Verona CCIAA: 57409/1952) was the operator of Brescia–Padua section of Autostrada A4 and Autostrada A31. On 6 December 2011, the company was renamed to A4 Holding S.p.A., with a new subsidiary (P.IVA 03614140238; Verona CCIAA: 0350682) owned the concession to operate the toll road, effectively spin off the function of holding company from the operator.
The concession of Autostrada A31 was originally expired on 30 June 2013, which was agreed in 1999, after that the company started to construct the extension from Vicenza to Rovigo in the south in 2005. The concession was challenged by the European Commission in 2004. The European Court of Justice ruled that Italy failed to fulfill the obligations under European Council Directive 93/37/EEC. On 3 October 2006 Italian Decree-Law 262/2006 was announced, which amended the power of ANAS (both operator and regulator of Italian toll roads) in order to comply with EU rule. On 12 October European Commission sent a formal notice (applying Article 258 of TFEU) to Italy regarding the issue (infringement procedure N° 2006/4378). In July 2007 the concession was extended to 31 December 2026, applying Decree-Law 262/2006. The concession was confirmed by Decree-Law 59/2008 and Law 101/2008, despite the status of the infringement procedure. On 8 October 2009 European Council closed the case.
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