Industria Italiana Autobus and the hole in the state bus

Leonardo and Invitalia’s company has many orders, but is unable to produce because the pieces are missing. The board resigns after approving the 2022 budget: -47.7 million. Now the state entrepreneur must choose a new management

In 2012 Sergio Marchionne decided to close theIrisbus of Flumeri (Avellino) for a simple reason: “It has never earned a lira in its history”. Politics, understandably, wanted to prevent 300-odd workers in a depressed area from losing their jobs and promised to revive bus production: the state entrepreneur would have succeeded where Marchionne had surrendered.