SAVE S.p.A. was incorporated in 1987 and has been managing Venice Marco Polo Airport since then.
In recent years, the company has taken on the dimensions of a modern Group run on a managerial basis, operating transversally in the sector of services to travellers, its activity falling under three business areas:
the management of mobility infrastructures and related services;
public catering and the management of the travellers' shops (Food and Beverages and Retail) in the mobility infrastructures.
The growth in the various business areas has helped to make SAVE S.p.A. one of the leading organisations in the international services to travellers market.
In the context of its strategy, whose aim is to develop and expand management activities in the infrastructures and buildings connected with passenger transport, the SAVE S.p.A. Group, through Archimede 1 S.p.A., in which it has a 60% holding, has acquired 40% of Centostazioni S.p.A., the company that handles the integrated management of the 103 medium- sized Italian railway stations. (www.centostazioni.it)
Specifically, SAVE S.p.A., through its subsidiary, Airest S.p.A., manages all the catering and duty-free activities in the Venice Airport terminal building.
Airest also has food and beverages and retail outlets at three other airports, three railway stations and one port terminal.
During 2004 the production income of the parent company, SAVE S.p.A., was 78,530 million euro, 50.26% of the whole Group's production income.
On 4 May 2005 Consob, the Italian financial services regulator, gave SAVE S.p.A. permission to publish a prospectus for a public subscription offer and admitted SAVE shares to trading on the Italian screen-based Stock Exchange.
SAVE S.p.A. shares made their debut in the ordinary category of the screen-based Stock Market organised and run by Borsa Italiana S.p.A.