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HomeSardinia
The hearing

Tossilo Spa, the court ready to decide on the fate of the company that manages waste

The judge will have to decide whether the debt repayment program is credible, otherwise the company will proceed with liquidation
Francesco Oggianu
3 ottobre 2023 alle 10:05
Tossilo Spa, the court ready to decide on the fate of the company that manages waste
L'impianto di Tossilo (foto Oggianu)
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There is great anticipation to know what the future of the Tossilo waste treatment plants will be . The court hearing is scheduled for tomorrow morning in the Oristano court . There is a real risk that Tossilo Spa, the joint-stock company with regional participation, which controls the entire Tossilo waste platform, will be declared bankrupt.

The judge will have to decide whether the debt repayment plan presented by the company's lawyers is credible. Otherwise we will proceed with liquidation. The consequences would be disastrous, both for the workers and for the entire territory.

The liabilities of the company , appointed by the Region to manage the new treatment plant, in particular the new waste-to-energy plant, for the next five years, amount to approximately 7 million euros . The recovery plan presented by the lawyers of Tossilo Spa to the judges of the Oristano court is the concrete analysis of the current crisis situation in which the company finds itself and the identification of the actions necessary to overcome it.

The objective, if the judge accepts the recovery plan, is to bring the company back to conditions of lasting economic, equity and financial balance, through the start-up of the new waste-to-energy plant (expected within the year), which will have to deal with approximately 61 thousand tons of waste per year, the recovery of part of the deficit through the management fee for the waste disposal activity and also possible interventions by the members, therefore by the Region, which holds the majority, with 98.80% and 13 municipalities of Marghine, with 1.20%.

It is therefore the task of the new board of directors, appointed yesterday (Mario Zacchino as president, the lawyer Antonella Concas and the management control expert, Albino Sivero). A total renewal that is creating quite a bit of controversy , especially on the part of the outgoing president, Antonio Delitala, who did not appreciate what he defines as a coup. The word to the judge.

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