Genoa. The Italiana Coke Group has reached an agreement for the sale of a majority stake – 80% – of the Terminal Rinfuse Genova to the consortium comprising the Spinelli Group and MSC, itself remaining a shareholder in the Genoa bulk cargo terminal. “This is another piece of the creditor plan that is in place,” says Paolo Cervetti, CEO of the Group. “We have managed to marry the provisions of the creditor plan with the reorganisation of our activities, partly linked to recent market changes – such as, for example, the early closure of the Enel power plant – and with the broader picture that seems to be emerging from the reform of the Port Authorities, recently approved by the Ministry.”


Italiana Coke press office