End of an IRI
IT WAS once Italy's largest employer, owning stakes in everything from Alitalia, the national airline, to a company that makes panettone Christmas cake. Now the Istituto per la Ricostruzione Industriale (IRI), the Italian state holding corporation, is to be killed off. The Treasury ministry, its sole shareholder, will place the corporation in liquidation on June 28th.
This article appeared in the Business section of the print edition under the headline “End of an IRI”
From the June 24th 2000 edition
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