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Editor in chief: Angelo Scorza
01/07/19 11:26

Grimaldi asked Rome to stop paying public subsidies to Tirrenia CIN

Moby replied stating that the petition sent to the Italian authorities is based on false information

Emanuele Grimaldi

Italy’s financial newspaper MF-MilanoFinanza revealed that Grimaldi Group earlier this month sent a petition to the local Transport Minister, the Antitrust Authority and the Court of Audit asking for an early termination of the subsidies (72 million Euros per year) paid to CIN Tirrenia by the Italian State to carry out the public interest maritime transportation with major and minor in Sardinia, Sicily and Tremiti Islands.

Grimaldi stated that the public subsidies should be stopped due to breach of the public contract following the case sentenced by the Italian Competition Authority for alleged abuse of dominant position in the freight business in Sardinia and the alleged deferred payments under the CIN-Tirrenia purchase agreement.

Onorato Armatori later replied that Grimaldi’s petition is based on “false information”.

Nicola Capuzzo

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