04.25.2012

Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid. more

03.20.2012

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has cancelled an order to purchase 3.15 million megawatt hour of electricity on the Romanian power exchange OPCOM due to more

03.14.2012

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, plans to buy 3.15 million megawatt hour of electricity on the Romanian power exchange OPCOM to sustain operations over more

02.29.2012

Steel processor ArcelorMittal Galati on Wednesday announced it has reduced production because ice is blocking the navigable ways on the Danube, which poses difficulties in deliveries and raw materials more

02.24.2012

ArcelorMittal, the world’s largest steelmaker, reported total sales of $931 million at its Romanian units in 2011, up 11% from $837 million in 2011. more

02.07.2012

The chief executive officer of Romanian steel processor ArcelorMittal Galati, Eric Remisz, resigned four months into his mandate, citing personal reasons, the company said Tuesday. more

01.27.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will increase its share capital by 78 million lei (EUR17.9 million) to RON241 million, the company said in a statement Friday. more

01.26.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statement more

12.22.2011

ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Romanian more

10.31.2011

ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Monday said it has resumed operations at its fifth blast furnace, which was shut down for relining and modernization more

10.08.2011

ArcelorMittal Galati, the largest steel plant in Romania, plans to increase its production by one million tons starting next year, after the reopening of furnace five, whose upgrading cost EUR80 more

09.29.2011

ArcelorMittal Galati, the largest steel plant in Romania, controlled by Indian billionaire Lakshmi Mittal, will complete a EUR80 million investment in upgrading a furnace next month, which will boost more

09.14.2011

The management of harbor operator Comvex Constanta (CMVX) says the company’s business could see growth in the second half of the year as a result of the reopening of steel mill ArcelorMittal more

09.01.2011

Romanian steel pipe maker ArcelorMittal Tubular Products Iasi (TPRO.RO), a unit of UK-based steelmaker ArcelorMittal, invested $11 million in a new line of cold forming, the company said in a more

08.25.2011

Romania’s largest steel plant, ArcelorMittal Galati, controlled by Indian billionaire Lakshmi Mittal, last year slashed its losses four times, to EUR81.3 million, as its turnover rose by 16.4% to more

08.18.2011

Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) Thursday said it swung to a net profit of 8.5 million lei (EUR2 million) in the first half, versus losses a year earlier, more

07.19.2011

Steel pipe maker ArcelorMittal Roman (PTRO.RO) will discuss a request to dismiss all board members who hold positions at other companies in the group, after a minority stockholder accused them of more

07.14.2011

Italy’s utility Enel has the option to double its stake in Romanian joint venture EnergoNuclear, which was set up to build two additional reactors at the Cernavoda nuclear power plant, the head of more