AEM Torino

Municipally-owned water supply company of Turin. One of four which Turin decided to turn into joint stock companies by the end of 1995 (the others are electricity, refuse, and transport). The mayor of Turin hopes that other municipalities, public sector companies, and mixed companies will become minority shareholders. He thinks the companies will become listed on the stock exchange by the year 2000.

In November 2000, 31% of the shares were sold

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