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Riva Acciaio: negotiations to reopen, but payments to suppliers suspended

The company says it is "ready to start a dialogue with the judicial custodian to verify whether the conditions exist for a resumption of production activities", but at the same time it suspends payments to suppliers claiming it does not have the necessary liquidity.

Riva Acciaio: negotiations to reopen, but payments to suppliers suspended

Willingness to negotiate, unwillingness to pay. After announcing the closure of all activities, Riva Acciaio fears a receivership and says it is "ready to start a dialogue with the judicial custodian to verify whether the conditions exist for a resumption of production activities", in accordance "with what was discussed yesterday at the Ministry of Economic Development”. 

At the same time, however, the company has suspended payments to suppliers, claiming it does not have the necessary liquidity. The CNA (National Confederation of Crafts and Small and Medium-sized Enterprises) condemned the decision "an irresponsible act that puts hundreds of small related businesses that provide services to the group's establishments every day" .

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