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19 Jan
08:21

Acciaierie d'Italia administration may start in two weeks

Acciaierie d’Italia (ADI) may be put into special administration in a matter of weeks, sources close to the matter tell Kallanish. Government representatives are said to have communicated this to unions during a meeting last week. State-owned Invitalia sent a letter last week to its ADI joint venture partner ArcelorMittal seeking an agreement before the extraordinary administration procedure is initiated. If the company fails to reply within 14 days from rec…
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