On November 1, 2017, Autostrada dei Fiori S.p.A. has incorporated Autostrada Torino-Savona S.p.A.
Autostrada dei Fiori S.p.A. manages the A6 Torino Savona and A10 Savona Ventimiglia (French border).
The history of Autostrada dei Fiori SpA
The establishment of the Company “Autostrada dei Fiori SpA” occurred on July 30, 1960.. The first concession made by ANAS dates back to February 1963. The Company’s aims were: the design, construction and building of the motorway Ponte S. Luigi – Savona (as it was then imagined) together with other highways and / or extra-urban roads.
The planning phase took place between 1962 and 1966. . The laying of the first stone, on February 12, 1965 was the first step leading to the complex construction phase which continued until 1971.
Overall, the works lasted a very short time, considering the amount of work. The Savona / Ventimiglia (French border) segment of the A10 Genova / Ventimiglia line is, in fact, 113.3 km long with 90 viaducts and, due to the difficult landscape of the region, counts 67 galleries. Today, the site has 11 service areas and 8 parking spaces, 3 of which are equipped as green rest areas (the Piccaro Nord, Feglino Sud e Gorleri Sud) The initial esteemed cost (in 1963) was of 118 billion lire, actually grown up to 271 billion lire (in 1973).
The first concession deadline date was November 2,2003. An Additional Convention was singed on June 9, 1992 with the aim of improving some of the links between ordinary roads and the motorway. In compliance with its commitments, the Company invested substantial financial interventions to create the necessary connections at Ventimiglia, San Remo and Albenga. The company obtained the first extension of the concession to December 31, 2013.
On July 27, 1999 the company and the National Road Authority (ANAS), signed a new Concession Convention which sets the new deadline on 30 November 2021. On September 2, 2009, Autostrada dei Fiori signed the new Convention Act with the National Road Authority (ANAS), which became fully operative after the coming into force of the Acceptance Act of the requirements by Cipe on May 13, 2010.
The Concession deadline remained unchanged at November 30, 2021.
The history of Torino Savona SpA
In the early 1950s, the SPASIS (Società per Azioni Sviluppo Iniziative Stradali) road initiatives development company drew up preliminary plans for a motorway to link Turin with the Ligurian coast.
On 18 April 1956, ANAS granted approval to build the Savona-Ceva motorway section.
On 5 June 1956 the “Autostrada Ceva Savona S.p.A.” motorway company was set up, with shareholders FIAT, Istituto San Paolo and Cassa di Risparmio di Torino, Pirelli, Michelin, UNICEM, Cokitalia, City and Province of Turin, Unione Industriale and Turin-Milan.
On 31 October 1962, a convention was drawn up with ANAS (the second) for the Ceva-Fossano section.
In the spring of 1968, shortly before the concession was formalised with ANAS (the third in order of time) for the construction and operation of the Fossano-Turin section, the company took on its new and final name of “Autostrada Torino Savona S.p.A.”.
On 21 December 1972 the new convention was signed with ANAS (summarising and replacing the three previous ones), which became operational in October 1973.
On 31 December 1980, FIAT transferred to FITUR S.p.A. (a subsidiary company) its entire shareholding. FIAT’s exit came shortly before the event which, a short time later, would mark a turning point in the history of the Turin-Savona motorway.
On 12 August 1982, article 11 of Italian Law 531/82, “Ten-year roads and motorway reorganisation plan”, authorised the “Autostrade” company, the large company of the IRI group, to buy out the shares in the Turin-Savona motorway at a price of 50% of their face value.
On 31 December 1982, FITUR S.p.A. transferred its entire holding to SADIP S.p.A.(Società Azionaria di Partecipazioni), and between January and February 1983, all share holdings were transferred to “Autostrade S.p.A.”, with the important exception of the Turin-Milan motorway, and of the City of Turin, whose minority holding exists to this day.
With the historic core of shareholders dissolved, it now came to the Autostrade company to put into place the most appropriate strategies to turn around the Turin-Savona motorway.
Between 1983 and 1987, while the required capital adjustments were being prepared, ANAS and the public bodies concerned – the Region of Piedmont, the Region of Liguria, the Government Cultural and Environmental Assets Protection Department – were performing the studies necessary to finalise the plans for doubling up the entire motorway.
On 27 January 1988, the new agreement was signed with ANAS, prepared in the form of an “Additional act“ to the convention of 1972.
The new agreement extended the concession from 2007 to 2018, and specified that state financial support would be 68% of the investment necessary to construct the second carriageway and for the improvement works to the existing infrastructure, with the shareholder Autostrade covering the rest.
The designs for the work were drawn up by SPEA.
Completion of this doubling up work was set as an absolute priority for the Turin-Savona motorway.
Italian Law 121/89 on the 1990 World Cup, coordinated with Italian Law 373/88 on the “Colombo ’92″ expo to celebrate the 500th anniversary of the discovery of America, had introduced particular provisions for the performance of public works connected with these events.
The Turin-Savona motorway took advantage of this to obtain consent from ANAS for the doubling up of lot 1, south of the Carmagnola barrier, where there had been for some time a section of carriageway parallel to the motorway, which FIAT had used as a test track for its vehicles.
In 1991, the motorway obtained this test track from FIAT.
On 9 March 2000, the Ministry of the Treasury, which through the IRI group held all the Autostrade shares, transferred its controlling share to the private group which holds it to this day, while the rest of the shares were placed on the stock market.
Nothing had changed for the Turin-Savona share structure, but the privatisation of the virtually sole shareholder required, and continues to do so, involvement in new development strategies.
In spring of the same year, the Turin-Savona motorway came out of its historic isolation from the Italian motorway network, by the connection at Savona with the motorways of the Ligurian coast.
Still in spring of 2000, definitive approval was given to the new concession agreement, already signed with ANAS in December 1999, replacing all previous agreements.
A new financial plan, relating to extension of the concession from 2018 to 2038, now allows the Turin-Savona motorway to implement all its development plans, from concluding the doubling up work to the extensive series of investments dedicated to safety, improvement and adaptation of the many sections of “historical” carriageway, and to the installation of modern and efficient telecommunications installations.
Finally, on 12 November 2001, the goal which had been pursued by the motorway with such determination since the 1970s was reached:
completion of the doubling up work.
On 15 November 2012, the shareholding held by Autostrade per l’Italia was transferred to the SIAS group.