Aset
Aset S.p.A. is a Fano-based Italian multi-utility, wholly owned by the Comune di Fano, delivering integrated water, waste, public lighting, pharmacy, parking, laboratory, and municipal facility services under ARERA regulation to the residents and businesses of Fano.
- Company typePrivate
- Founded-
- HeadquartersFano, Italy
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Aset does
Aset S.p.A. is an Italian multi-utility company headquartered in Fano, in the Marche region, wholly controlled by the Comune di Fano. It operates as the municipal holding entity delivering nine integrated public services on behalf of its shareholder: integrated water service (SII), environmental/waste management, public lighting, public green maintenance, votive lighting, thermal plants, paid parking, laboratory analysis (operating since 2006), and a network of seven municipal pharmacies plus one seasonal dispensary. The public lighting concession dates to 2004. Operations are conducted under ARERA's regulatory framework, with the MTI-4 water tariff methodology approved for the 2026 regulatory period.
The business model blends regulated utility revenue with transactional and concession income. Recurring tariff revenue comes from water and waste services priced under ARERA-approved methodologies. Long-cycle concession fees are generated by public lighting (since 2004), green maintenance, and thermal plant management. Transactional revenue is captured through municipal pharmacies (retail prescription and OTC sales), paid parking (supplemented by partnerships with EasyPark, MooneyGo, and ParkingMyCar), and votive lighting contributions. Laboratory analysis provides a professional-services line for both institutional and commercial clients. Digital access is delivered through SportelloWeb, BRAV PASSFANO, MonitorAset, and IlluminAset portals, integrated with national identity and payment rails (PagoPA, SPID, CIE). FY2025 results showed net profit of €6,694,693 on fully paid share capital of €10,493,910, alongside approximately €12 million in investment volume, indicating active capital deployment in infrastructure renewal. Headcount sits in the 11–50 range.
The platform's competitive position rests on its exclusive municipal franchise, multi-service scope that spreads fixed overhead, and embedded integration with regional and national infrastructure. Revenue predictability is high under stable political conditions; conversely, the single-shareholder, single-territory structure concentrates both governance and counterparty risk. As of the input data, Aset has no disclosed AI/ML capabilities, and growth is best characterized as incremental and tariff-linked rather than expansionary.
Aset firmographics
Firmographics- Name
- Aset
- Legal name
- ASET S.p.A.
- Website
- https://asetservizi.it
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aset S.p.A. is a Fano-based Italian multi-utility, wholly owned by the Comune di Fano, delivering integrated water, waste, public lighting, pharmacy, parking, laboratory, and municipal facility services under ARERA regulation to the residents and businesses of Fano.
- Ownership category
- akta.pro rank
Aset industry classification
Industry- Product category
- Multi-Utility Municipal Services
- NAICS
- Water Supply and Irrigation Systems (221310), Landscaping Services (561730)
- SIC
- Water Supply (4941), Sanitary Services (4950)
- akta.pro primary industry
- Grounds, Landscaping & Exterior Services (BPABAAAD)
Keywords
Where Aset is headquartered
LocationHeadquarters
- HQ city
- Fano
- HQ country
- Italy
- HQ region
- Europe
Offices15 records
Markets served
Aset business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales, Others
Revenue model
- Integrated Water Service (SII): Revenue from water supply, sewerage, and wastewater treatment services. Tariffs determined by AAto 1 Marche Nord and approved by ARERA. Quarterly billing cycle with metered consumption.
- Environmental Services (TARI): Waste management services for municipal shareholders, regulated by service contracts with each shareholder municipality.
- Public Lighting Management: Integrated management of public lighting including electricity supply, ordinary and extraordinary maintenance, renewal, adaptation and enhancement of lighting infrastructure.
- Municipal Pharmacies: Operation of 7 public pharmacies and 1 seasonal dispensary, providing pharmaceutical products and health services.
- Laboratory Analysis Services: Chemical and microbiological analysis services for water, waste, and soil testing for municipal operations and external clients.
- Paid Parking: Management of paid parking areas with seasonal pricing and subscription options through the BRAV PASSFANO portal.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Quarterly | Civil users water tariffs (MTI-4) |
| Usage-based | Quarterly | Industrial wastewater tariffs |
| Other | Pay-as-you-go | Installment payment (rateizzazione) |
| Other | Pay-as-you-go | Pharmacy health services |
| Unit Pricing | One time/ perpetual license | Meter verification fees |
| Other | Pay-as-you-go | Morosity charges |
Distribution channels6 records
Marketing channels4 records
Aset product offering
Product offeringCore offering
Aset S.p.A. is an Italian multi-utility public service management company providing integrated municipal services including environmental/waste management (TARI), integrated water cycle services (aqueduct, sewerage, purification), public lighting management with LED retrofit, seven municipal pharmacies plus a seasonal dispensary, paid urban parking management, votive lighting for cemeteries, thermal plant inspections, public green maintenance, and an environmental analysis laboratory. The company operates under the direction and coordination of Comune di Fano and serves shareholder municipalities in the Marche region.
Product overview
Aset S.p.A. is a multi-service municipal utility company providing integrated environmental, water, and urban services to the territory of Fano and surrounding municipalities. The company operates a platform-plus-services model comprising nine core service areas: Environmental Services (waste management), Integrated Water Service (aqueduct, sewage, purification), Public Lighting, Municipal Pharmacies, Analysis Laboratory, Paid Parking, Votive Lighting, Thermal Plants, and Public Green Maintenance. Additional digital services include the SportelloWeb customer portal, BRAV PASSFANO for parking subscriptions, MonitorAset for water quality monitoring, and IlluminAset for streetlight outage reporting. The services are delivered through physical locations (offices, pharmacies, collection centers) and digital channels (web portals, mobile apps).
Differentiator
Problem solved
Functional benefit
Products and services
- Servizi Ambientali (Environmental Services)
Quantifiable outcome
- Net profit of €6,694,693 for fiscal year 2025
- +2 more outcomes
Companies that use Aset
Customer profileSegments5 records
Ideal customer profiles6 records
Aset technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature3 records
Aset partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Comune di FanocoreAset S.p.A. is subject to the activity of direction and coordination of the Comune di Fano pursuant to art.2497 of the Italian Civil Code. The municipality holds controlling interest and provides strategic direction for all service operations.
- ARERA (Autorità di Regolazione per Energia Reti e Ambiente)coreNational regulatory authority that approves water service tariffs and sets quality standards. ARERA deliberation 180/2026/R/IDR approved the MTI-4 regulatory framework for ASET from 01/01/2026.
- AAto 1 Marche Nord (Ambito Territoriale Ottimale)coreOptimal Territorial Basin Authority that determines water service tariffs and governance framework. Assembly deliberation 22/2024 and 24/2024 established tariff structure.
- Municipal Shareholders (Comuni Soci)coreShareholder municipalities for whom ASET manages environmental, water, and other utility services under service contracts.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Aset competitors and assessment
Company assessmentRegional players
- Tea Group (Terra Acqua Energia): Multi-utility based in Mantua (Lombardy) providing integrated water, waste, and energy services with municipal shareholder governance. Closely comparable multi-utility model and scale to Aset, but operating in a different Italian region.
- Acque Veronesi: Water utility serving Verona and surrounding municipalities with regulated integrated water service. Comparable in regulated water service focus and municipal concession structure, but geographically distinct.
Broad incumbents
- A2A S.p.A. Italian multi-utility providing water, waste, energy, and networks across Lombardy and beyond. Comparable business model as a regulated multi-utility with municipal shareholders, though considerably larger.
- Iren S.p.A. Large Italian multi-utility providing water, waste, gas, and electricity across northern and central Italy. Comparable integrated services and public-shareholder ownership, though at significantly greater scale than Aset.
- Hera S.p.A. Major Italian multi-utility headquartered in Bologna, providing integrated water, waste, gas, and energy services across Emilia-Romagna and Marche. Operates the same integrated utility model as Aset but at much larger scale, and is an active regional consolidator.
- Gruppo CAP: Lombardy-based water utility managing the integrated water service for the metropolitan area of Milan. Directly comparable in integrated water service operations and ARERA-regulated tariff framework, though at substantially larger scale.
- Acea S.p.A. Rome-based Italian multi-utility providing water, waste, and energy services with public-shareholder structure. Overlaps with Aset on integrated water and environmental services but at national scale.
Direct peers
- Marche Multiservizi: Regional multi-utility operating in the Marche region of Italy providing integrated water, waste, and environmental services to multiple municipalities. Comparable in geographic scope, service mix, and municipal-shareholder governance structure to Aset.
- Aspes S.p.A. Municipal multi-utility controlled by the Comune di Pesaro, providing integrated water, waste, energy, and public services in the Marche region. Directly comparable public-controlled multi-utility peer operating in the same Italian region.
Others
- IREN Mercato / IREN Ambiente: Operating subsidiaries of Iren focused respectively on retail water/energy services and waste management. Comparable service lines (water, environment) to Aset's core operations, but as units of a large incumbent rather than standalone competitors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Aset social profiles
Digital presenceAset compliance and trust
Trust signalCompliance2 records
Aset financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aset leadership team
Management profileNumber of profiles
Profiles2 records
Aset funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aset M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aset
What does Aset do?
Aset S.p.A. is an Italian multi-utility public service management company providing integrated municipal services including environmental/waste management (TARI), integrated water cycle services (aqueduct, sewerage, purification), public lighting management with LED retrofit, seven municipal pharmacies plus a seasonal dispensary, paid urban parking management, votive lighting for cemeteries, thermal plant inspections, public green maintenance, and an environmental analysis laboratory. The company operates under the direction and coordination of Comune di Fano and serves shareholder municipalities in the Marche region.
Is Aset a public or private company?
Aset is a private company. It is classified as state government owned and is currently operating.
When was Aset founded?
Aset was founded in -1. It employs 11 to 50 people.
Where is Aset based?
Aset is headquartered in Fano, Italy, in the Europe region.
How does Aset make money?
Six revenue lines are on record. Integrated Water Service (SII) is the primary driver. The others are environmental Services (TARI), public Lighting Management, municipal Pharmacies, laboratory Analysis Services and paid Parking.
Who are Aset's main competitors?
Regional players on record are Tea Group (Terra Acqua Energia) and Acque Veronesi. Broad incumbents are A2A S.p.A., Iren S.p.A., Hera S.p.A., Gruppo CAP and Acea S.p.A.. Direct peers are Marche Multiservizi and Aspes S.p.A.. IREN Mercato / IREN Ambiente is listed as an others.
Does Aset have an API?
No public API is recorded for Aset.
What industry is Aset in?
Aset's product category is Multi-Utility Municipal Services. Its primary akta.pro industry code is BPABAAAD, Grounds, Landscaping & Exterior Services. Its NAICS code is 221310 and its SIC code is 4941.