TRIESTE – The Management Committee of the North Adriatic Sea Port Authority has unanimously approved the 2024 general financial statement.
As for financial results, the Authority reported a budget surplus of over €158.8 million (+57% compared to 2023), a cash balance exceeding €178.9 million, and a current operating result of more than €32.6 million. The surplus has been earmarked for infrastructure projects to which these funds were originally allocated. In 2024, the Authority dedicated over €73.7 million to investments in real estate, infrastructure works, and dredging. Key items include: the reconstruction of the Molo Sali quay in the North Industrial Canal (€27.5 million), the restoration of sheet piling and completion of the same Molo Sali reclamation basin quay (€11.4 million), and sustainability transition initiatives under the PNRR funding program (€10.5 million).
With a production value of €86.3 million for 2024, the net economic result after deducting costs, financial charges, and taxes stands at €20.7 million (+28% over 2023). The Committee also approved amendments to accounts receivable and payable for the 2024 financial year (amounting to €550.7 million and €570.9 million respectively, mainly tied to funds received for infrastructure projects), the Integrated Plan of Activities and Organization (PIAO), the annual report to the Ministry, the methodology for the performance evaluation system, and several concessions.