Companies acting in strategic sectors like defense, energie, transport, communication, other public services and banks and insurance companies controlled by the State can decide to state a 5% limit of the number of shares that investors can buy (foreign or Italian) except for the public investors. ANAS S.p.A. is an Italian government-owned company deputed to the construction and maintenance of Italian motorways and state highways under the control of Italian Ministry of Infrastructure and Transport. 100% shares owned by Ferrovie dello Stato Italiane.  In its bylaws there is no 5% limit of shares for investors. 