The government will take back control
of the troubled ex ILVA steelworks in the next few hours,,
cabinet Secretary Alfredo Mantovano said after talks between
the Acciaerie d'Italia (AdI) suppliers and ministers Monday
night.
"In the next few hours, maximum in the next few days, the
(Industry and Made in Italy) Ministry will proceed with the
appointment of commissioners for Acciaierie d'Italia, and there
will be a takeover of the company to ensure continuity and
relaunch," he said.
Mantovano was speaking after talks between the government and
AdI suppliers and satellite firms, who are currently owed over a
reported 120 million euros after AdI's debts rose to over three
billion euros amid an inability to pay suppliers and bills and
amid a weeks-long blame game between the government and majority
shareholders ArcelorMittal.
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