Rome 26 August 2022 16:07
The newly incorporated project company participated by TIM, Leonardo, Cassa Depositi e Prestiti (CDP, through the subsidiary CDP Equity) and Sogei, on 24 August entered into - with the Department for Digital Transformation of the Presidency of the Council of Ministers - an Agreement for the granting of the concession for the design, construction and management of the Polo Strategico Nazionale (National Strategic Hub - PSN) infrastructure for the provision of cloud services for the Public Administration.
The partners TIM, Leonardo, CDP Equity and Sogei also appointed Emanuele Iannetti as Chief Executive Officer of the recently incorporated company, who will be in charge of the project execution.
The signing of the Agreement took place following the outcome of the European tender launched by Difesa Servizi S.p.A., as Central Commissioning of the Department for Digital Transformation of the Presidency of the Council of Ministers, on the basis of the private initiative project finance proposal submitted by the same team in recent months and selected, on 27 December, by the Presidency of the Council of Ministers - Department for Digital Transformation (decree No. 47/2021-PNRR), having been assessed as fully meeting, among other things, the requirements laid down in Italy's Cloud Strategy. On 11 July the tender was awarded to the team, following the exercise of the right of first refusal in compliance with the regulations and the tender documentation.
The concession will have a duration of 13 years and the services will be provided to each member administration for 10 years from the date of completion of the data migration.
The initiative is part of the overall plan to accelerate Italy's digital transformation, with the aim of ensuring data security and reliability and providing innovative services to citizens and businesses as required by the PNRR (National Recovery and Resilience Plan) and by regulatory changes in digital infrastructure.
The newly appointed Chief Executive Officer of the project company, Emanuele Iannetti, 55, comes from Ericsson Telecomunicazioni, where he has held the position of South East Mediterranean Area Manager since May 2019. The manager began his career at Telecom Italia in 1989, and subsequently held roles of increasing responsibility at H3G, Nokia Siemens Networks, Siemens and Atos before joining Ericsson in 2013.
With regard to the regulations on Related Party Transactions, please note (see previous press releases, lastly on 7 July 2022) that for Leonardo the establishment of the NewCo, taking into account the correlation relationship with Cdp Equity and Sogei (both companies, as well as Leonardo, owned by the Ministry of Economy and Finance) is a related party transaction of “lesser importance”. The transaction benefited of the exemption from the application of the Procedure approved by the Company’s Board of Directors, provided for the transactions to be concluded under market-equivalent or standard terms, pursuant to article 11.2, letter c) of the above mentioned Procedure and in accordance with article 13, subsection 3, letter c) of Consob Regulations no. 17221/2010 (as amended and supplemented).
The above taking into account the overall assessment of consistency with market conditions and fairness of the proposal’s economic contents by the granting Administration, through – as reported - a public tender procedure and competitive comparison.
Press contact information
TIM Press Office | +39 06 3688 2610 | https://www.gruppotim.it/media Twitter: @TIMnewsroom
LEONARDO Press Office | Tel. +39 06 3247 3313 | firstname.lastname@example.org
CDP Media Relations | +39 06 4221 4000 | email@example.com
SOGEI Press Office | tel. 06.50251; e-mail Ufficiostampa@sogei.it; www.sogei.it