Acciaierie Valbruna Deal Nears Completion by Mid-August

An agreement for the renewal of Acciaierie Valbruna's land concession is expected to be finalized by mid-August, ahead of the September 3 deadline. This development brings relief to the steel company and its employees, who have faced prolonged uncertainty regarding the site's future.

The negotiation between Acciaierie Valbruna and the Province of Bolzano is reportedly on the verge of completion. While the specifics remain under wraps, sources indicate the deal will involve leasing the land rather than selling it. The final terms may include adjustments to the initial lease price, contingent on the Amenduni family, the company's owners, committing to further investments in modernizing the facilities, particularly concerning environmental upgrades.

Provincial officials and union representatives have maintained a tight-lipped approach to the details, despite recent meetings. However, the provincial secretary of Fim, Uilm, and Fiom unions expressed cautious optimism following a meeting with Provincial President Arno Kompatscher. He confirmed that the negotiations are progressing constructively with the Amenduni family, supported by a favorable legal opinion that allows them to proceed after the public tender went unanswered.

Kompatscher reiterated the administration's commitment to ensuring the site's continued operation and employment. "Our goal is to close before the extension expires," he stated, adding that the general approach and method are agreed upon, with only minor technical details remaining. Unions are awaiting a draft agreement, with representatives like Marco Bernardoni of Fiom hoping that "actions will follow words after many months of uncertainty."