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Dorinel Umbrarescu Acquires Otelu Rosu Steel Plant From Caras Severin For EUR12M
02.12.2024
Dorinel Umbrarescu, the owner of construction firms UMB Spedition, Tehnostrade and SA&PE Construct, is acquiring liquid steel producer Otelul Rosu based in Caras Severin in order to produce metallic components needed in its construction activities, in line with data from the local media; the transaction is estimated at EUR12 million.
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