Friday, October 31, 2025
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Romania

Liberty Galati restructuring plan approved to support steel plant revival

Romanian steel producer, Liberty Galati SA's restructuring plan has been approved by the Galati Court, following a 52pct vote in favor from creditors. The...

Tenaris invests in solar project to cut emissions at Calarasi plant

Tenaris has inaugurated its first solar energy park in Romania, marking a major step in its renewable energy strategy. The 20 MW facility, located...

Liberty Galati enters pre-insolvency to stabilize operations

Romanian steelmaker Liberty Galati, part of the Liberty Steel Group, has entered a pre-insolvency procedure to stabilize its business, optimize resource allocation, and attract...

ArcelorMittal Hunedoara temporarily suspends operations due to high energy costs

Romania's ArcelorMittal Hunedoara has announced a temporary suspension of operations until March 31, 2025, citing rising energy prices and economic difficulties, according to local...

GLGH Steel finalizes agreement to purchase Artrom Steel Tubes

GLGH Steel, LLC has agreed to acquire Artrom Steel Tubes S.A., a Romanian producer of seamless steel tubes based in Slatina and Resita. The...

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