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Subsequent events

From 1 January 2009 the merger by incorporation of the two Italian operating companies ATSF and ASF into the Group Parent Ansaldo STS SpA became effective. On 21 January 2009 Ansaldo STS signed a contract for the construction designing and the construction of the electric and railway systems of Line 1 of Naples metro in the section Piazza Dante – Piazza Garibaldi; the countervalue of the job order is EUR 54 million.