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Former Ilva extraordinary administration to be extended - Urso - Business

2024-02-22T14:11:35.018Z

Highlights: Former Ilva extraordinary administration to be extended - Urso. Business and Made in Italy Minister Adolfo Urso said on Thursday. On Tuesday the government put AdI under extraordinary administration after talks with ArcelorMittal, the majority stakeholder, over the future of the struggling plant broke down. Quaranta is to meet with the leaders of Italy's main trade union confederations, CGIL, CISL and UIL, in Taranto on Monday and then with representatives of companies in the supply chain.


The extraordinary administration of the former Ilva steelworks in Taranto now called Accaierie d'Italia (AdI) is to be extended to other companies, Business and Made in Italy Minister Adolfo Urso said on Thursday. (HANDLE)


The extraordinary administration of the former Ilva steelworks in Taranto now called Accaieried'Italia (AdI) is to be extended to other companies, Business and Made in Italy Minister Adolfo Urso said on Thursday.


   "I am preparing to accept commissioner (Giancarlo) Quaranta's request to extend the extraordinary administration to other companies in the group," said Urso.


   On Tuesday the government put AdI under extraordinary administration after talks with ArcelorMittal, the majority stakeholder, over the future of the struggling plant broke down and appointed Quaranta, an engineer with long experience in the steel industry, as the extraordinary commissioner to run it.


   Quaranta is to meet with the leaders of Italy's main trade union confederations, CGIL, CISL and UIL, in Taranto on Monday and then with representatives of companies in the supply chain.


   Meanwhile, Urso said the government is looking at how to relaunch production at the site.


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Source: ansa

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