Utilities

Local public service companies, often organized as multi-service companies, and usually publicly-owned corporations, play an important role in Italy. 

Multi-service companies provide such public services as integrated water service management, waste management and allied environmental services, and the distribution of gas or electricity. They may be public companies with public and private shareholders or wholly privately-owned. 

In assisting companies operating in the public services sector our professional staff have gained significant experience by assisting them with:

• Extraordinary operations (mergers, demergers); 
• Company reorganization;
• Allocating merger deficits or allocating consolidation differences; 
• Assistance in structuring delegated powers; 
• Assistance in drawing up individual and consolidated financial statements according to national and international accounting standards GAAP or IAS/IFRS.

There have also been a significant number of statutory auditor appointments in companies operating in the sector of local public.