The Italian government has made clear its intention to sell its stake in state railway company Ferrovie dello Stato (FS) between 2015 and 2016.
Officials from the Ministry of Economy and Finance and Italian State Railways met last week to discuss plans going forward.
A joint working group has been set up to prepare for the privatisation of FS. The Italian government is selling its shareholding in the company in order to help drive down the country’s national debt and has taken the initial step of listing the company on the stock exchange.
Minister of Economy and Finance Pier Carlo Padoan said in a statement that he was hoping to complete the sale quickly, adding: “It’s an important opportunity to enhance a company that has proven to be the engine of modernisation of the country.”
