Steel industry

Jindal confirms the agreement on the former Ilva site to the Chamber of Deputies: ‘We’re ready to buy’

The relevant trade unions have called for an 8-hour strike at all plants on Monday

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Full willingness to proceed with ‘finalising the acquisition of Ilva’. Jindal Steel has confirmed its commitment to the former Ilva in a letter sent to the Chamber of Deputies’ Finance Committee. ‘Given that we have essentially reached an agreement with the Commissioners, under the Government’s guidance, regarding the terms of the acquisition of Ilva, we wish to express our appreciation for the efforts made by the Government and Parliament to ensure Ilva’s operational continuity pending the completion of the formalities necessary to finalise the sale” reads the brief statement signed by Narendra Kumar Misra, Director of European Operations, and sent to Montecitorio, where the decree providing for a further tranche of the bridge loan is currently under consideration. “We also confirm our full willingness to proceed as swiftly as possible with finalising the agreements and completing the acquisition of Ilva,” concludes the Jindal executive.

Meanwhile, the former Ilva site will come to a standstill on Monday: the relevant trade unions have called an 8-hour strike at all plants. From 9 am to 4 pm for first-shift and regular workers, 8 hours for second-shift workers and 8 hours for third-shift workers.

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The Minister for Enterprise and Made in Italy, Adolfo Urso, has convened the Taranto Round Table for Wednesday 5 August at 10.00, with the aim of examining the industrial projects submitted by those who have expressed an interest in making new investments in the area.

The meeting will be attended by representatives of the Prime Minister’s Office, the Ministry of Economy and Finance, the Ministry of the Environment and Energy Security, the Ministry of Labour and Social Policies, the Ministry for European Affairs, the National Recovery and Resilience Plan (PNRR) and Cohesion Policies, the Puglia Region, the Province of Taranto and the municipalities of Taranto and Statte, as well as representatives from Invitalia, Cassa Depositi e Prestiti, the Port Authority of Taranto, the State Property Agency, the Taranto Industrial Development Area, and the main employers’ and trade associations such as Confindustria Taranto, Casartigiani Taranto, CNA Brindisi-Taranto, Confartigianato Taranto, Confapi Taranto and Confagricoltura Taranto, together with the companies that have submitted investment projects in the province of Taranto and neighbouring areas. The extraordinary commissioners of ADI and Ilva in As will also be present at the meeting.

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