Page 8 - ENAV EXECUTIVE SUMMARY 2022_eng
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ENAV GROUP   |   PLANET   |   STAKEHOLDERS   |   PEOPLE

         Our Story


                                                                                                                                                                                            • • Since 2016 ENAV has been
                                                                                                                                                                                             Since 2016 ENAV has been
                                                                                                                                                                                            listed on the Milan Stock
                                                                                                                                                                                            listed on the Milan Stock
                                                                                                                                                                                            Exchange with a floating stock
                                                                                                                                                                                            Exchange with a floating stock
                                                                                                                                                                                            of around 46.7%
                                                                                                                                                                                                                                  Thanks to the acquisition of
              FORTY YEARS OF CIVIL AIR TRAFFIC                                                                        • Vitrociset Sistemi, a                                               of around 46.7%                      • • Thanks to the acquisition of
                                                                                                                      •
                                                                                                                        Vitrociset Sistemi, a
                                                                                                                                                                                                                                 IDS AirNav, a business unit of
                                                                                                                                                                                                                                 IDS AirNav, a business unit of
              CONTROL. FORTY YEARS OF                                              • • AAAVTAG was                    spin-off from Vitrociset,                                     • The Company ENAV Asia Pacific               IDS Corporation SpA, the
                                                                                                                      spin-off from Vitrociset,
                                                                                                                                                                                                                                 IDS Corporation SpA, the
                                                                                                                                                                                    •
                                                                                                                                                                                      The Company ENAV Asia Pacific
                                                                                     AAAVTAG was
                                                                                                                      was purchased and
                                                                                                                      was purchased and
                                                                                                                                                                                                                                 ENAV Group consolidated its
                                                                                                                                                                                    was founded under Malaysian law
                                                                                   transformed into a
              PROFESSIONALISM, INVESTMENTS,                                        transformed into a                 renamed Techno Sky in                                         was founded under Malaysian law              ENAV Group consolidated its                                A major turning point
                                                                                                                      renamed Techno Sky in
                                                                                                                                                                                                                                 position as an extremely
                                                                                                                                                                                                                                 position as an extremely
                                                                                                                                                                                    and based in Kuala Lumpur.
                                                                                                                                                                                    and based in Kuala Lumpur.
                                                                                   state-owned
                                                                                   state-owned
                                                                                                                      2007 with the mission
                                                                                                                                                                                                                                 competitive player in the
                                                                                                                                                                                    It provides consulting services
              AND TECHNOLOGY. FORTY YEARS OF                                       economic entity                    2007 with the mission                                         It provides consulting services              competitive player in the                                  The 2000s marked a turning point, and we
                                                                                   economic entity
                                                                                                                      of maintaining ENAV’s
                                                                                                                      of maintaining ENAV’s
                                                                                                                                                                                                                                 non-regulated sector of
                                                                                                                                                                                                                                 non-regulated sector of
                                                                                   under the name
                                                                                                                                                                                    for air traffic control and stands as
                                                                                                                                                                                    for air traffic control and stands as
                                                                                   under the name

              ENAV                                                                 ENAV, the National                 technological systems                                         a commercial outpost in the regions          Air Traffic Management services                             moved from air traffic control to air traffic
                                                                                                                      technological systems
                                                                                                                                                                                                                                 Air Traffic Management services
                                                                                   ENAV, the National
                                                                                                                                                                                    a commercial outpost in the regions
                                                                                                                                                                                                                                 and technologies
                                                                                   Agency for
                                                                                                                                                                                    of South East Asia
                                                                                   Agency for                                                                                       of South East Asia                           and technologies
                                                                                   Flight Assistance
                                                                                   Flight Assistance                                                                                                                                                                                        management. ENAV was one of the first service
              A forty-year long flight                                                                                                                                                                                                                                                      providers to revolutionise its systems, thus
                                                                                                                                                                                                                                                                                            creating the basis for making airspace  a real
              ENAV has its origins in the Autonomous                                                                                                                                                                                                                                        strategic infrastructure for our Country.
              Company providing Flight Assistance for
              General Air Traffic (AAAVTAG), established in                                                                                                                                                                                                                                 Today
                                                                                                                                                                                                                                                           2019
                                                                               1981
                                                                                                  1996
                                                                                                                                                                                                                     2016
                                                                                                                                                                                                  2014
                                                                                                                                                                                                                                        2018
                                                                                                                                                                               2013
                                                                                                                                                            2008
                                                                                                                                         2006
                                                                                                                      2001
              1981. The Autonomous Company took over                           1981               1996                2001               2006               2008               2013               2014               2016               2018               2019
              from the commissariat for flight assistance                                                                                                                                                                                                                                   Today, the Company is controlled by the
              established three years earlier as the GAT                                                                                                                                                                                                                                    Ministry of Economy and Finance (53.3% of
              (General Air Traffic) Control Company to manage                                                                                                                                                                                                                               the share capital). It operates in a market
              the passage of part of the air traffic controllers                                                                                                                                                                                                                            regulated at the European level and provides
              and of airports previously run by the Italian                                                                                                                                                                                                                                 its services in Italy under the supervision of
              Air Force classified in what was then the Flight                                                             • ENAV was           • • ENAV makes                                         • ENAV North Atlantic, a               • D-Flight was founded,                       the Ministry of Infrastructure and Transport
                                                                                                                                                                                                                                                D-Flight was founded,
                                                                                                                                                                                                                                              •
                                                                                                                                                 ENAV makes
                                                                                                                           •
                                                                                                                             ENAV was
                                                                                                                                                                                                       •
                                                                                                                                                                                                         ENAV North Atlantic, a
                                                                                                                                                                                                                                              a Company in which ENAV
                                                                                                                           transformed
                                                                                                                                                an equity
              Telecommunications Inspectorate (ITAV), a                                                                    transformed          an equity                                              Company incorporated                   a Company in which ENAV                       (MIT) and the National Civil Aviation Authority
                                                                                                                                                                                                       Company incorporated
                                                                                                                                                                                                                                              has a 60% stake, with
                                                                                                                           into a fully
                                                                                                                                                investment in the
                                                                                       Following the
                                                                                                                                                                                                       under US law, was
                                                                                      •
              military entity reporting to the Air Force General                      • Following the                      into a fully         investment in the                                      under US law, was                      has a 60% stake, with                         (ENAC).
                                                                                                                                                                                                                                              the remaining 40%
                                                                                                                                                                                                                                              the remaining 40%
                                                                                                                           state-owned
                                                                                                                           state-owned
                                                                                                                                                French company
                                                                                                                                                French company
                                                                                      demilitarisation of air
                                                                                                                                                                                                       established with the aim
              Staff.                                                                  demilitarisation of air              joint-stock          ESSP SAS, with                                         established with the aim               entrusted to an industrial
                                                                                                                                                                                                                                              entrusted to an industrial
                                                                                                                                                ESSP SAS, with
                                                                                                                           joint-stock
                                                                                      traffic control, AAAVTAG,
                                                                                      traffic control, AAAVTAG,
                                                                                                                                                                                                       of managing the equity
                                                                                                                                                                                                       of managing the equity
                                                                                                                                                                                                                                              team led by Leonardo,
                                                                                                                           company:
                                                                                                                                                a shareholding
                                                                                                                                                                                                       investment in Aireon, a
                                                                                      a non-economic
                                                                                      a non-economic                       company:             a shareholding                                         investment in Aireon, a                team led by Leonardo,
                                                                                                                           ENAV S.p.A.
                                                                                                                                                                                                                                              engaged in the
                                                                                                                                                of 16.7%, for the
                                                                                      government-run entity,               ENAV S.p.A.          of 16.7%, for the                                      Company set up to build the            engaged in the
                                                                                      government-run entity,
                                                                                                                                                                                                       Company set up to build the
                                                                                                                                                                                                                                              implementation of a specific
                                                                                                                                                provision of the
                                                                                                                                                                                                       world’s first global
                                                                                      was set up
                                                                                      was set up                                                provision of the                                       world’s first global                    implementation of a specific
                                                                                                                                                                                                                                              management system
                                                                                                                                                European
                                                                                                                                                European                                               surveillance satellite system          management system
                                                                                                                                                                                                       surveillance satellite system
                                                                                                                                                Geostationary
                                                                                                                                                Geostationary                                          for air traffic control                 for Unmanned
                                                                                                                                                                                                                                              for Unmanned
                                                                                                                                                                                                       for air traffic control
                                                                                                                                                Navigation
                                                                                                                                                Navigation                                             and of which ENAV holds                Aerial Vehicles (UAVs).
                                                                                                                                                                                                                                              Aerial Vehicles (UAVs).
                                                                                                                                                                                                       and of which ENAV holds
                                                                                                                                                Overlay Service
                                                                                                                                                Overlay Service
                                                                                                                                                                                                       9.1% of the share capital
                                                                                                                                                (EGNOS)                                                9.1% of the share capital
                                                                                                                                                (EGNOS)
       8  EXECUTIVE SUMMARY 2022
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