![Urso: «Former Ilva, Jindal has updated the binding offer» [Catenaccio]](https://mediantahub.com/wp-content/uploads/2026/08/ba65492c594dc1ded80b51f0cc8516b8.webp "Urso: «Former Ilva, Jindal has updated the binding offer» [Catenaccio]")
The profile of the new phase of the negotiation for the former Ilva is beginning to take shape, although many aspects remain to be clarified. “There are two binding offers, one of which is from Jindal, who, according to what the commissioners tell me, has updated its proposal in light of the ruling of the Milan Court of Appeal (closure of the hot area, editor’s note), and there are two expressions of interest, one of which is from Federacciai.” This was said by the Minister of Enterprises and Made in Italy, Adolfo Urso, speaking today, August 28, via video link at La Piazza of Affaritaliani.it in Ceglie Messapica (Br). The other proposals are presumably from the Flacks fund and the Czechs of Ce Industries. “The timing for the closure of the hot area, therefore the blast furnaces and the plants directly connected to them, is dictated by the decision of the Court of Appeal which states that within 90 days, and therefore by October 28, those plants must close,” Urso recalled.
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On the former Ilva “we are waiting for the formalization of the offers because at the moment there is the formalization of Jindal. And then there is this hypothesis, this preparation of the offer and proposal by the Italian consortium. And then, here is also this declared expression of interest which has not yet been formalized in any way by the Czech group,” said yesterday, also in Ceglie Messapica, on the sidelines of the event ‘La Piazza’, the Minister of Environment and Energy Security Gilberto Pichetto Fratin.
Meanwhile, the new investigation by the Milan Prosecutor’s Office into the accounts of the former Ilva under ArcelorMittal management continues, following the dossier of the extraordinary commissioners.
Almost one billion euros of “liabilities,” that is about 954 million of which 750 for “debts for shareholder loans,” and a “net equity deficit,” that is the difference between liabilities and assets, which exceeded 913 million euros. These are just some of the most emblematic data reported in the ruling of the Milan Bankruptcy Court which in November 2024 declared the insolvency of Acciaierie d’Italia Holding, which was the parent company of AdI, managing the former Ilva of Taranto. Numbers that are now at the center, along with the report from two months ago by the extraordinary commissioners, of the reopened investigation which hypothesizes a sort of plan, yet to be verified, to sink the Italian steel hub in favor of the alleged foreign interests of ArcelorMittal. A new investigation in which Lucia Morselli, former president and CEO of ArcelorMittal Italy and then of Acciaierie d’Italia, has once again been investigated, after a first and recent dismissal, always for fraudulent bankruptcy, when Invitalia, the operational arm of the Ministry of Economy, entered the corporate structure. The file, which later could see the registration of other suspects from the former Ilva board and in which creditor complaints could also be included, is coordinated by deputy Roberto Pellicano and prosecutor Luigi Luzi, who requested and obtained the reopening of the investigation from the judge. Starting from the report filed in June by the extraordinary commissioners which – following the pattern of the summons in the civil case for 7 billion euros in damages against the management of the Franco-Indian group – reconstructs step by step a “prearranged predatory strategy.” Investigators will look into this with document acquisitions and through the work of consultants. The experts appointed by the judges of the bankruptcy section had already highlighted “the large confirmed liabilities” of the holding, declared insolvent like the other companies of the AdI group, including the operating company, Acciaierie d’Italia spa.
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