01
Dec
11:43
Invitalia promises huge investment, full employment for Ilva
The new 50:50 joint venture between ArcelorMittal Italia and Invitalia will invest €2.1 billion ($2.5 billion) into the relaunch of the steelmaker formerly known as Ilva, said Invitalia chief executive Domenico Arcuri during a meeting with unions. He also promised full employment by 2025.
Despite the initial 30 November deadline being postponed, Arcuri said the agreement is almost ready. The parties are compiling a memorandum of understanding that describes t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous