January, 09 - 2020

The Municipal Government of Montevideo and República Negocios Fiduciarios modify the “STM Trust” agreement

On 9 January 2020 the Municipal Government of Montevideo signed with República Negocios Fiduciarios the amendment to the management trust agreement called “Fideicomiso STM” [Metropolitan Transport System Trust].

The amendment will enable the incorporation of the income from the pre-payment and post-payment systems of the STM card in all the metropolitan and departmental passenger lines that operate within the Metropolitan Area of ​​Montevideo, making the agreements reached between the Municipal Government of Montevideo, the Municipal Government of Canelones and the Ministry of Transport and Public Works viable.

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