History

SAVE Group's history began in 1987. The following were the most important steps.

2001-2002: SAVE Group implements new strategies

SAVE decided to move out of ground handling activities at Venice Airport.

The new passenger terminal and cargo buildings were opened at Venice airport.

SAVE Group entered the Food & Beverage and Retail business through the newly-formed company Airport Elite.

The Group acquired a 40% shareholding in Centostazioni, a company that manages 103 medium-size Italian railway stations.

2005: the Group was listed on the stock exchange

IPO on Italian Stock Exchange (SAVE.MI) through a capital increase of € 160 million.

SAVE Group acquired a more than 10% shareholding in Gemina, in turn owner of a 51% stake in ADR (Aeroporti di Roma).

2006-2008: SAVE Group consolidates its growth strategy

SAVE Group acquired 100% of the share capital of AIREST from Austrian Airlines (2006) in order to concentrate on retail Food & Beverage activities (2007).

SAVE Group acquired 100% of the share capital of RISTOP from Autostrada Brescia - Padova (2006).

SAVE Group sold its 10% shareholding in Gemina, realising a substantial capital gain.

The new Treviso airport was opened (2007) and SAVE Group acquired a further 35% stake in AERTRE (Treviso Airport management company).

2008: top financial institutions become SAVE Group shareholders

Generali Assicurazioni and Morgan Stanley joined Finanziaria Internazionale as shareholders of Marco Polo Holding (SAVE Group's principal shareholder).

2009: expansion of airport management operations abroad

SAVE Group acquired a 27.65% stake in Brussels Charleroi Airport (BSCA) in a partnership with Holding Communal.

SAVE Group was granted a 40-year concession for Treviso Airport by the Civil Aviation Authority ENAC (confirmed by the Board of Auditors in October 2013).

2012: Venice Airport programme contract

ENAC signed the Programme Contract for Venice Marco Polo Airport on an exceptional basis in recognition of its strategic role and unique characteristics within the Italian airport system.

2012-2013: Venice Airport signs new tariffs agreement

  • SAVE signs with ENAC the new tariffs system agreement the pre-requisite for the launch of a significant effort to activate the projected infrastructure investments as well as to improve quality of services.
  • SAVE obtains the approval of 40 years concession of Treviso Airport by ENAC.

2014: strategy focused on Airport Business Development

  • SAVE signs agreement with Lagardère Service for the disposal of Food & Beverage and Retail business with the exception of the activity run in Venice/Treviso and Verona Airport, which remains managed by a 50% partnership with the French Group.
  • SAVE becomes shareholder of Verona and Brescia airports with a 40% stake.

2015-2016: SAVE Group consolidates its strategy of Airport Business Development

  • SAVE signs agreement with Ferrovie dello Stato for the divestiture of Centostazioni’s shares owned by the Group.
  • Venice Airport scored a new record of 9 million passengers in 2016.
  • Group Structure: We remind you that on the 30th of January 2016 the agreement with Ferrovie dello Stato for the divestiture of Centostazioni’s shares owned by the Company was finalised.

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