Institute for Industrial Reconstruction

Italian corporation

Also known as: IRI, Istituto per la Ricostruzione Industriale(Show More)

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June 29, 2026

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The Institute for Industrial Reconstruction (IRI) was an Italian state-owned corporation established in 1933. It was created to rescue failing banks and industrial companies during the Great Depression. The IRI played a significant role in Italy's industrial development, particularly in banking, steel, shipping, and armaments. It helped modernize Italy's infrastructure and financial sector, contributing to the growth of industries like chemicals and synthetic fibers. While the IRI managed a large industrial sector, its firms operated as private companies with private shareholders.1

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Italy
Economic policy
…Mobiliare Italiano; IMI) and the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), were set up to bail out failing firms and to provide capital for new industrial investment; they also provided trained managers and effective financial supervision. Italy thus acquired a huge, state-led industrial sector, which was…
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…Mobiliare Italiano; IMI) and the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), were set up to bail out failing firms and to provide capital for new industrial investment; they also provided trained managers and effective financial supervision. Italy thus acquired a huge, state-led industrial sector, which was…
Read More

Italy
Public and private sectors
One example, the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), set up in 1933 and closed in 2000, was a holding company that regulated public industries and banking. Many of those companies were partly owned by private shareholders and listed on the stock exchange. By…
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One example, the Institute for Industrial Reconstruction (Istituto per la Ricostruzione Industriale; IRI), set up in 1933 and closed in 2000, was a holding company that regulated public industries and banking. Many of those companies were partly owned by private shareholders and listed on the stock exchange. By…
Read More