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 the 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 an 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: 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.
2017
Delisting of SAVE S.p.A.
- At the end of the joint procedure for fulfilling the purchase obligation pursuant to Art. 108, paragraph 1 of the Consolidated Finance Act (T.U.F.), deriving from the mandatory public purchase offer launched by the shareholder Agorà Investimenti S.p.A., Borsa Italiana S.p.A. ordered the revocation - as from 23 October 2017 - of SAVE shares from listing on the screen-based stock exchange.
- Venice Airport reaches a new passengers record, exceeding 10 million passengers in 2017.
2018
More than 11 million passengers
- New milestone reached: 11 million passengers at Venice Airport
- 2 new destinations are added to the Venice Airport intercontinental network: Chicago and Seoul
2019
More than 14 million passengers in Venice and Treviso Airport
2020-21
Gruppo SAVE, like all the other companies in the aeronautical and airport industry, has been managed the crisis due to the Covid-19 pandemic, reorganizing its activities, and laying the foundations for the return to international traffic and the development of new routes.
2022
The North-East Airport System, which includes the airports of Venice, Treviso, Verona and Brescia, handles around 15 million passengers, with a recovery of 81% compared to 2019 traffic, demonstrating a solid resilience after the pandemic.