Wednesday, November 12, 2014

Ilva, retires Jindal. Here come the deals Arcelor Mittal-Marcegaglia and … – Il Sole 24 Ore

Ilva, retires Jindal. Here come the deals Arcelor Mittal-Marcegaglia and … – Il Sole 24 Ore

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This article was published November 12, 2014 at 19:33.
The last change is the November 12, 2014 at 22:11.

The Indians Jindal withdraw from the race for Ilva, is expected in the week ‘ non-binding offer of the consortium Arcelor-Mittal Marcegaglia while Arvedi should arrive in the next week or the other yet.

It ‘s the point of that situation in the meeting tonight in Rome offered the metalworkers’ unions Fim, Fiom and Uilm Commissioner Ilva, Piero Gnudi. The presentation of the two offers, along with a proposed business plan, will be seized by Gnudi to tighten the confrontation with the banks and thus obtain the second installment of the bridge loan. The banks, in fact, after delivering the first 125 million in September, have constrained the granting of the second tranche of the same amount to the definition of a process of reorganization and revitalization of Ilva, or the entry of new members. With banks Gnudi will meet Friday and wants to bring to the appointment a concrete sign of the interest of potential buyers. The other 125 million are used to the Commissioner is to deal with deadlines in December (payment of salaries, bonuses and accrual of bonuses), which provide additional “oxygen” to businesses and industries that contract until October, they got 34 million of payments for overdue invoices in recent months.

Gnudi then confirmed trade unionists that the intervention of the Cassa there will be with the hypothesis Arcelor-Mittal Marcegaglia with that Arvedi, “and according to the Commissioner – say Panarelli and Cosimo Antonio Talò, Secretaries respectively of the FIM CISL and Uilm of Taranto – the presence of CDP in the new company that will be, it is also a guarantee, besides a confirmation of what the steel is a strategic industrial sector for the Italian economy. ” Gnudi – union sources said – he also said that the maintenance of jobs and environmental clean-up of the plant in Taranto are the requirements of buyers. “Ilva Taranto, in compliance with the Hague and the work of environmental improvements – said the Commissioner in accordance with the version provided by union members – will have to produce 8 million tons of steel a year. This, in fact, is not only the level needed to maintain integrates employment but also to prevent the establishment is loss. ” Faced with the unions also chapter European Union after the new allegations against the Government by the committee. “We are going to Brussels to clarify,” said the Commissioner. The billion and 200 million seized at Riva that the investigating magistrate in Milan Ilva has moved in recent days, makes the company stronger allowing it to deal with the rehabilitation of the plant, he added Gnudi. For the unions, that today’s meeting was a tentative yes “but has nevertheless highlighted the willingness of the Commissioner to expedite all steps in order to arrive at a clearing for Ilva.”

And Ilva spoke today the president of Federacciai, Antonio Gozzi, during a hearing at the Industry Committee of the Senate. For Gozzi, “if you do not solve the Integrated Environmental Authorisation node, it will be impossible to find someone to come and invest.” “The theme Hague – said Gozzi – both in terms of timing requirements that must be significantly revised. It is the European benchmark, neither in content nor in time. No – he said – will ever Taranto to implement a threshing floor that is outside the European benchmark, as coverage of the parks, that there is in any other steel and costs 300 million to 340 million, a figure gigantic must cover a space that is like a hundred football fields. “

The cost of operations Hague amounts to 1.8 billion Euros in fact, the requirements will be completed by 80 percent by next July and concluded in August 2016, and the economic impact is an issue relevant to the consideration of potential investors.



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