Monday, December 29, 2014

Ilva: commissioner from January 15, three months for the new company. The … – The Republic

Ilva: commissioner from January 15, three months for the new company. The … – The Republic

The Minister of Economic Development Federica Guidi met the unions to explain to the workers’ representatives the contents of the decree passed by the Government sull’Ilva. Public action for the revival of the steel will go through the creation of a new company that will rent the assets of the company, as anticipated, and as confirmed by the unionists who attended the meeting. The unions have also reported that the special administration will start on January 15th, while it will take about three months to build the new company that will be controlled by public capital. Yet to be determined instead modes of intervention in the capital of the new company by the state.

The decree of Taranto and Ilva “is a point from which to avoid a fire sale or a loss of a strategic production,” he commented the secretary of Fiom Typhoid emerging from the meeting of Mise. “What can be done in Taranto – he said – can have general value throughout Italy. I welcome the fact that the government has taken in this matter a strategic role.” Between today and tomorrow, reported Landini the decree should be signed by the President of the Republic.

The meeting was also attended by Commissioner Ilva, Piero Gnudi. In detail – reports a statement of Mise – Minister Guidi has exposed the opportunities that the Government has taken into account in taking the path that will bring the steel group of Taranto to the extraordinary administration and significant passages that provide, in particular, ‘lease of the business unit to a corporate vehicle to public control can make the investments in environmental improvements and maintenance for the revival of the company.

The Minister assured Guidi tight deadlines at all stages the procedure that will start formally after January 14 in order to complete the payment of wages to all employees of Ilva. Immediately after you start the formal process for admission Ilva extraordinary administration with the appointment of one or three special commissioners. Within 2-3 months you will come to the constitution of the new company to public control the entire procedure should be completed in 24-36 months. During the meeting it was determined that the parties will return to meet in the second half of January.

Meanwhile, the Energy Authority has extended until 31 January 2015 the effectiveness of the gas supply for Ilva of Taranto, avoiding the interruption otherwise scheduled for today. Given the conditions of necessity and urgency, the Authority

has implemented the necessary measures to extend the supply of gas in “system default”, then expecting that from February 1, 2015 if Ilva not find new sellers on the free market , the same supplier can extend the transitional month to month service, identifying the most appropriate mode on the definition of the guarantees for the supply, except that non-payments remain on the supplier.

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