Rome, 8 Sept. (LaPresse) – The Government has not ruled out public involvement in the former Ilva, as requested by the trade unions, provided that a sound and credible business plan is presented. According to reports, this was stated by the Under-Secretary to the Prime Minister’s Office, Alfredo Mantovano, during a meeting with trade union organisations regarding the former Ilva in Taranto, whilst discussing the tender process for the purchase of the former Ilva. As regards the timeframe for evaluating the bids, Mantovano added that it would take a couple of months for the deadline for submission to expire, after which negotiations would follow; throughout this period, the special administration of the former Ilva would remain in place. The Government, Mantovano added, based on the bids submitted and provided there is a sound and credible business plan, does not rule out public participation, as requested by the trade unions. The Government’s position, Mantovano stated, is that the steel industry in Italy requires a green future, and therefore electric furnaces fuelled by DRI. This, the Under-Secretary emphasised, is not merely a statement of principle, as resources for DRI are already available and the Government intends to utilise them.
Former Ilva: Government does not rule out public stake if plan is sound
Rome, 8 Sept. (LaPresse) – The Government has not ruled out public involvement in the former Ilva, as requested by the trade unions, provided that a sound and credible business plan is presented. According to reports, this was stated by the Under-Secretary to the Prime Minister’s Office, Alfredo Mantovano, during a meeting with trade union organisations regarding the former Ilva in Taranto, whilst discussing the tender process for the purchase of the former Ilva. As regards the timeframe for evaluating the bids, Mantovano added that it would take a couple of months for the deadline for submission to expire, after which negotiations would follow; throughout this period, the special administration of the former Ilva would remain in place. The Government, Mantovano added, based on the bids submitted and provided there is a sound and credible business plan, does not rule out public participation, as requested by the trade unions. The Government’s position, Mantovano stated, is that the steel industry in Italy requires a green future, and therefore electric furnaces fuelled by DRI. This, the Under-Secretary emphasised, is not merely a statement of principle, as resources for DRI are already available and the Government intends to utilise them.