The bureaucratic process that will lead to the corporate mergers that will affect Seta has also been formally started in Modena. In yesterday morning’s session, the Provincial Council approved the “Memorandum of Understanding for the establishment of the Industrial Group of local public transport in Emilia-Romagna”, which will incorporate three local companies operating in the region. The objective of the draft agreement is to overcome the current corporate structure of the public transport system, which currently sees the presence of Seta in the areas of Modena, Reggio Emilia and Piacenza, Tper in the areas of Ferrara, Reggio Emilia and Bologna and Start Romagna in those of Ravenna, Forlì, Cesena and Rimini, with the creation of “a single operator with capital dimensions, technical and investment capabilities, and skills that increase its competitiveness in the market”. In all likelihood, therefore, the Seta offices in Modena will be structured in a new way. The presence in the territory, in fact, will be maintained through the establishment of SOTs, i.e. territorial operating companies, also verified on a provincial basis, which will operate directly at local level, preserving the public service offering and the specific needs of the reference areas, in consistency with the service contracts currently in force.
Specifically, the establishment of the ‘Local Public Transport Industrial Group’ and the ‘Sot’ will take place in two phases, through a split through the separation of the individual Sots in the first, to subsequently proceed with the merger by incorporation of the Seta spa companies and Start Romagna spa, in Tper Spa. Furthermore, the protocol refers to “the strategic value of this process, for the development of greater synergies and economies of scale, in achieving objectives of efficiency and integration of services, rationalization of costs and optimization of the use of public resources, which management companies will have to develop through efficiency processes”.
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