Riva Fire goes into administration

(ANSA) - Taranto, December 6 - The Riva Fire company, holding of the Riva steel group who formerly owned the troubled ILVA steel plant at Taranto, has changed its name to Partecipazioni Industriali after going into administration Monday under an industry ministry decree, sources said Tuesday. The extraordinary commissioners are the same as those appointed for ILVA: Piero Gnudi, Alfredo Laghi and Corrado Carrubba. The news came amid a Taranto court hearing for alleged environmental disaster caused by the steel plant, in which the company aims to plea bargain.