Investors from Austria and Italy show interest in idled CVR mill

摘要

The Cartiera Verde Romanello (CVR) paper mill in Campoformido near Udine, Italy remains offline almost a year since it shut down, but fresh momentum appears to have surfaced at the start of 2013. Two potential investors have emerged after an application for the opening of settlement proceedings, concordatopreventivo, was filed with a Court of Milan at the end of December. A spokesperson for the Italian trade union Slc-Cgil stated that the two potential buyers are an Italian firm from Lucca and an Austrian company headquartered in Vienna. Both businesses were reportedly already active in the paper industry and interested in maintaining operations in Campoformido, he said.