"In the next few hours, today, in the early afternoon, the Government will adopt a decree which provides for a temporary commissioning of Ilva, which will allow the company to be managed by implementing the Hague“. This was announced in the chamber by the Minister for Economic Development, Flavius Zanonato.
There will therefore be a “temporary suspension” of the company's management bodies and “the appointment of a commissioner – added the minister -. At the end, the ordinary bodies will be reconstituted and everything will be returned to the club". “The future of the Italian steel industry depends on the solutions that the government will be able to adopt”.
Zanonato underlined that "the recovery must be carried out with the necessary conviction on the part of those who brought about this state of affairs". Moreover, the minister insisted, "the guarantor highlighted delays with respect to the prescriptions" for the recovery.
If Ilva were to interrupt production and shut down “the negative economic impact, according to what has been assessed, would be more than eight billion euros a year – Zanonato explained again – attributable for the most part to the lost revenues from exports. A stop in production would make the situation even worse. The survival of the plant is linked to the company's ability to set up the essential rehabilitation to make the activity compatible with the health of citizens and the environment”.
Ilva should make "huge investments estimated at one and a half billion" because "those made in recent years have not been sufficient to rebalance the relationship between production, health and the environment and many provisions have been totally or partially disregarded by the company", concluded the minister.
