Former Ilva, Urso announces the relaunch plan for Taranto
Il recovery plan for the steelworks siteformer Ilva of Taranto it is on the government table and will be sent on Monday 6 May. But discussions with the Commission will begin on Wednesday the 7th: this was announced in an interview with Sun 24 Hours the Minister of Business and Made in Italy, Adolfo Urso. “To implement the plan it is necessary to formalize a new rental contract, which also takes into account the recent extension of the extraordinary administration to Adi Holding”, added the minister.
“This last action is absolutely necessary given the state of insolvency of the parent company too, now being examined by the Court of Milan”, he underlined. On capital, “new resources” announced at the Palazzo Chigi summit, Urso revealed that “with a decree law in the next Council of Ministers we will foresee further resources coming from the allocated assets, for 150 million euros (which are added to the 150 million already transferred from the same source, ed.), waiting for the European Commission to authorize us for the bridging loan on the basis of the industrial and financial plan prepared by the commissioners. The plan is necessary to demonstrate that the loan can be repaid in a reasonable time according to European rules“.