Finpiemonte Partecipazioni S.p.A., a spin off holding company with the majority of capital held by Piedmont Region, was established by the regional law 17 of July 26, 2007, whithin the Finpiemonte SpA demerging action. The corporate reorganization project, besides responding to recent law changes, is framed in the reorganization and rationalization process of the regional financial investment.
The company, in addition to the Piedmont Region, includes among its members leading banks, business organizations, chambers of commerce and several Piedmont provinces and municipalities.
The share capital of Finpiemonte Partecipazioni is Euro 76,5 million and shareholder's net assets amount to 66 million euros.
The partnership portfolio consists of 33 companies operating on the promotion of territory, energy, ecology, logistics, finance and tourism.