by InTrieste
The Port Authority of the Eastern Adriatic Sea has reported a robust financial performance for 2024, with a general administrative surplus of nearly €283 million. The majority of this surplus—approximately €263 million—is earmarked for investments related to infrastructure development across the ports of Trieste and Monfalcone.
The financial report, unanimously approved by the authority’s Management Committee in recent days, also highlights a current operations surplus of about €20 million. This amount is being used in part to finance investments with the port’s own resources, while the remaining portion will be allocated to emerging needs and ongoing development plans.
Key projects covered by these investments include the redesign of the railway layout at Campo Marzio station, the creation of new energy infrastructure such as a “smart grid,” and preparatory work for industrial and logistics activities in the Noghere area of Muggia. Other initiatives involve the electrification of docks in both Trieste and Monfalcone, as well as upgrades to Monfalcone port’s rail infrastructure and yard areas.
In addition to the strong financial performance, the committee welcomed two new members: Eddi Dalla Betta, representing the Municipality of Trieste, and Lucio Penso, nominated by the Friuli Venezia Giulia Region. They replace Giulio Bernetti and Franco Milan, whose terms had expired.
Commissioner Vittorio Torbianelli noted, “With the approval of the 2024 financial statement, we present a healthy and stable port system, managed with prudence and fiscal responsibility—an essential foundation for future growth. The economic core of our administration remains strong, as further demonstrated by the positive results from Porto Trieste Servizi.”
Porto Trieste Servizi (PTS), the in-house company providing essential services for the Authority, reported a 5% increase in production value year-over-year, totaling approximately €13 million. The company also saw a 10% rise in market-based revenues and a 54% increase in net profit compared to 2023, reflecting greater efficiency and external service sales.
The report positions the port system as a financially stable and forward-looking infrastructure hub, reinforcing its strategic role in regional development and international trade.
