FNM launched their new intermodal terminal West of Milan
Malpensa Intermodale newco will manage Sacconago railway infrastructure in Busto Arsizio
Ferrovie Nord Milano announced having founded Malpensa Intermodale limited liabilities company, headquartered in Milan with 500,000 Euro registered capital.
Ferrovie Nord will rent the newco Sacconago intermodal terminal located in Busto Arsizio industrial zone, while a further accord between Ferrovie Nord and Malpensa Intermodale, both companies controlled by FNM, will be a minor transaction not encompassed in the procedures ruling accords between related parties”.
Hupac and Ambrogio intermodal terminals have been operating in the same area for several years , while Novara interport is only 25 km far.
Ferrovie Nord Milano also adds that “the relaunching of the terminal is a great opportunity to upgrade the management of railway connections managed by FNM group's companies operating in cargo sector and is encompassed within 2018-2020 business plan launched by the group”.
Substantial synergies can be developed , particularly with FuoriMuro, Genoa-based enterprise 40% participated by FNM, and with DB Cargo Italia.
Furthermore, FNM business plan also “encompasses an increase in trade volume and confirmation of the existing partnership with Deutsche Bahn.
Further investments aimed at seizing available opportunities to take over new freight logistic companies, could also be implemented.