Up to 150m to be transferred to former ILVA for continuity - Business.com. The steelworks, which currently employs some 10,000 workers, have racked up over three billion euros in debts amid an inability to pay its bills and suppliers.
On Thursday in Milan bankruptcy court declared AdI insolvent, the necessary premise for the installation of special commissionerGiancarlo Quaranta to run the plant. According to the Italian media, Ukrainian group Metinvest is interested in Taranto, as are Italian company Arvedi and VulcanGreen Steel.