Home » Former Ilva: security checks arrive, Unicredit available to provide new finance

Former Ilva: security checks arrive, Unicredit available to provide new finance

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Former Ilva: security checks arrive, Unicredit available to provide new finance

Checks on safety and maintenance of the former Ilva plants. With this motivation, the inspectors showed up at the Taranto plant special, il Prevention and safety service in the ASL workplace. The Spesal checks come after the unions have been denouncing the crime for months lack of maintenancealso due to the redundancy of the personnel concerned, with consequent safety risks and the progressive shutdown of the plants.

The inspection of the commissioners

The safety checks come after the controversial inspection last Friday of the Ilva commissioners in extraordinary administration, which includes the plants managed until now by Acciaierie d’Italia. Inspection discontinued the same day following a decision by the commissioner’s delegation after the company had declared its unavailability to provide answers to some questions, for example on the quantity of raw materials present in the warehouses.

Reconstruction denied by Acciaierie d’Italia, which claimed in a note that it was not possible to indicate “production data” which “must be verified as part of an overall plant balance sheet” and that “the management of production levels is in any case jurisdiction of the board of directors“.

The court

The crucial step for the future of the plant, however, is the one that is taking place under the supervision of Court of Milan. Last week, the judge has AdI’s appeal against Invitalia rejected to block the extraordinary administration. But he has in fact established that the negotiated settlement with creditors, initiated by AdI according to the new business crisis code, can move forward. And only in case of failure of this procedure will extraordinary administration be opened.

In his report to the court, Cesare Giuseppe Meroni – the professional who has the role of “expert” in the negotiated settlement procedure – reported having collected the availability of Unicredit – which boasts a credit of 250 million towards AdI for a line granted in 2022 – a grant new finance and to participate, in a pool with other institutions, in the financing of the acquisition of the assets from the Ilva commissioners.

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The fears of the related industries

The attention also remains high on the part of the related businesses, which overall employ 20 thousand people. The government launched an agreement last week specific decree to safeguard AdI suppliers, it also makes redundancy payments available for companies that work with the steelworks. The government is working on amendments later the AIGI alarm (the association that brings together related companies, ed.), which fears a repeat of 2015. When with the extraordinary administration the related companies, according to Aigi, they had to give up 150 million credits.

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