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Home Breaking News

Feralpi Group: investments for sustainable steel in Lonato

18 September 2025
in Breaking News
Reading Time: 1 min read
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Feralpi Group recently announced its financial results for 2024, highlighting an increase in sustainable steel production to 2.6 million tons, reflecting a 6.4% growth compared to the previous year. However, revenues contracted to €1.65 billion due to a decline in selling prices. Despite this, the company generated significant economic value for stakeholders amounting to €1.7 billion. Technical investments reached €223 million, primarily allocated to modernizing facilities and implementing eco-friendly technologies. In the current context marked by economic uncertainties and pressures towards environmental sustainability, Feralpi Group continues to invest in its plant in Lonato del Garda, where a new line for the production of coils has been launched and a photovoltaic system with a capacity of 437 kWp has been installed. Chairman Giuseppe Pasini emphasized the importance of maintaining a resilient business model that harmonizes business continuity with environmental goals. With the aim of reducing emissions and improving energy efficiency, the Group is also exploring new decarbonization projects for the coming years. Italian Version

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© 2024 Gardanotes is the English version of Gardanotizie, the first online daily of Lake Garda. Registered with the Tribunal of Brescia, No. 35/2000 (16/06/2000). Director: Luca Delpozzo.

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