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Gruppo Riva

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Riva Fire
Company typePrivate
Industrymetals
Founded1954
FounderAdriano and Emilio Riva
HeadquartersItaly Milan
Key people
Emilio Riva , Chairman
Claudio Riva, CEO
Productshot rolled flat steel, bars, iron rod, slabs
Websitewww.rivagroup.com

Italian steel producer. After Arcelor-Mittal merger and Corus taking-over by Tata Steel, the group is currently the world’s ninth and the European Union’s second largest steel producer (). Riva group (consisting of two companies, Riva Acciaio and Ilva) is private-owned and the whole shareholders-equity is held by Riva family.

History

Riva Acciaio was established in 1954 in Milan by Adriano and Emilio Riva as an iron scrap trading business; in 1957 was built the first Riva Acciaio mini-mill in Caronno Pertusella (near Varese). A few years later, this plant was the first steelworks in Italy to use colata continua , in partnership with steel plant engineer Danieli. In 1960s and 1970s Riva expanded by means of acquisition of several small steel producers in Northern Italy and in Spain (Siderurgica Sevillana). In 1980s Riva made further acquisitions in Italy (the previously state-owned steelworks Acciaierie di Cornigliano), in Belgium, in France and in 1991 acquired two mini-mills in former German Democratic Republic. In 1995 Riva Acciaio purchased Ilva, the biggest italian state-owned steel produced and so became one of the major italian companies.

Facilities

Ilva plant in Taranto is the greatest steelworks in Europe, equipped of five blast furnaces. Riva Acciaio headquarters are in Milan and facilities are located in Northern Italy (Caronno Pertusella, Verona, Sellero, Lesegno). Riva Group has foreign subsidiaries in Germany (…), France (…), Belgium (Charleroi), Spain (Sevilla), Greece () and Tunisia (….).

References

  • (it) Margherita Balconi, La siderurgia italiana 1945-1990: tra sostegno pubblico ed incentivi del mercato, Bologna, Il Mulino, 1990
  • (it) Le privatizzazioni in Italia, Milan, Mediobanca Ricerche e Studi, 2000
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