Management and Control of Civilian Air Traffic in Italy
| Company | ENAV |
|---|---|
| Date | 15.04.2015 |
Chairperson Di Matteo: The company is healthy and ready for the market
The Board of Directors meeting of ENAV S.p.A, took place today in Rome, with the Chair Maria Teresa Di Matteo and the Board members Nicola Maione and Alessandro Tonetti present. Within the process of evaluation and privatisation of the company as set out by the Government, a reduction of the corporation stock of 180 million was decided.
Contextually the shareholder acknowledged the beginning of the process for the emission of a bond loan. That operation will allow the company to find the necessary cash flow to cover the corporation stock reduction, and is, at the same time an important step towards privatisation, useful to substantiate the company in the financial markets and to concretely test investor's interest.
ENAV is a healthy company, – Chairperson Maria Teresa Di Matteo declared – leader in the international field with excellent operational performance. This new financial structure is the first concrete step in completing the privatisation process required by the Government.
In the last few months – Board members Maione and Tonetti declared – ENAV has consolidated its own national and foreign activities. The operations decided today and the transition to International Accounting Standards are fundamental steps which will allow the shareholder to fully valorize the company.
