12.14.2015

ArcelorMittal Galati steel plant slipped back into the red in the fourth quarter after having posted positive EBITDA in the first three quarters. The reason for the losses is the million of tons of more

09.10.2015

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) switched to 4 million lei losses in January to June, compared with a net profit of RON5,2 million during the same period a year before. more

07.05.2015

Romania’s Energy Minister Andrei Gerea said steel mill ArcelorMittal Galati can be supported by financing the energy efficiency segment, adding authorities seek financing for the energy efficiency more

05.25.2015

Steel mill ArcelorMittal Galati invested EUR4.75 million in a station of demineralized water used to produce steam for the turbo-blowers and for various technological processes. more

05.19.2015

ArcelorMittal Galati, the largest steel plant in Romania, will continue to shed jobs for three to four years from now. This is a vital condition for the survival of the plant that had 27,000 employees more

05.06.2015

Steel mill ArcelorMittal Galati has invested EUR3 million in a new vacuum pump in its steel division to raise the company's energy efficiency, under a program aiming to lower energy consumption by 15% more

04.23.2015

Steel mill ArcelorMittal Galati has completed a EUR1.8 million investment that will allow it to reuse some of its raw materials and reduce water consumption. more

03.10.2015

ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy efficiency more

02.20.2015

Steelmaker ArcelorMittal decided that ArcelorMittal Iasi and ArcelorMittal Roman will be delisted from Bucharest Stock Exchange, while ArcelorMittal Hunedoara will be transferred from Rasdaq to AeRO more

02.16.2015

ArcelorMittal Galati, the Romanian unit of the world’s largest steelmaker ArcelorMittal, will open next year a pre-painted products line for roofing, drainage systems, sandwich panels, industrial more

12.11.2014

Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel Bors said more

10.10.2014

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, signed a one-year contract with ArcelorMittal Galati, the second largest energy consumer in more

09.24.2014

ArcelorMittal Galati, the Romanian unit of the world’s largest steelmaker ArcelorMittal, targets to increase output by 15% in 2015, to over 2 million tons, due to upgrades worth EUR10 million, and more

08.28.2014

Shareholders of Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) rejected Thursday the board's proposition to dissolve the company, considered after losses incurred in recent years brought the more

07.25.2014

The managing board of Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) will propose shareholders the dissolving of the company as last years’ losses led to the drop of the net asset to less more

07.07.2014

ArcelorMittal Galati’s employees eligible for retirement by the end of 2015 can leave the company early under a pre-retirement program that kicks off Monday, the Romanian unit of the world’s more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more

05.22.2014

The share capital of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) was raised by 81.5 million lei (EUR18.4 million), from RON6.5 million to RON88 million. more

05.13.2014

Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization. more

05.02.2014

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) Friday said its losses narrowed 21% to 29.7 million lei (EUR6.7 million) in 2013, from RON37.6 million a year before. more

04.29.2014

Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) reported a turnover of 687.5 million lei (EUR155.9 million) in 2013, down 16.8% from RON826.4 million a year earlier, the more

04.25.2014

ArcelorMittal Galati, Romania’s largest steelmaker, controlled by Indian billionaire Lakshmi Mittal, halved its losses last year against 2012, when it reported a minus of 231 million lei (EUR53 more

04.01.2014

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, announced Tuesday that it unilaterally terminated a contract with state-run nuclear power company more

03.20.2014

The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green power more

12.23.2013

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) must pay 18 million lei (EUR4 million) for the stakes held by Italy’s utility Enel and ArcelorMittal in EnergoNuclear, a joint more