06.20.2024

Agir Global, a steel producer of Turkey, has entirely acquired Steel Service Center Sidma Romania SRL, a subsidiary of Greek Sidma Group. more

02.15.2024

Artrom Steel Tubes, one of Europe’s major tube producers, with operations in Romania in Resita and Slatina, will invest EUR6 million in 2024 to reduce CO2 emissions and fuel consumption. more

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 more

01.26.2024

Bankrupt wire factory Dan Steel Group Beclean, one of the most important companies in the Romanian metallurgical industry, has been sold in a public auction for EUR7.5 million euros to Intertranscom more

10.25.2023

Donalam SRL, the Romanian subsidiary of the AFV Beltrame Group, one of the largest producers of merchant bars and special steels in Europe, continues its presence in both local and international more

09.26.2023

Romanian-owned steel pipe distributor Comtech Co posted RON154.4 million (EUR31.3 million) revenue in 2022, an increase of 34.3% on the previous year’s almost RON115 million (EUR23.4 million), ZF more

06.02.2023

Liberty Galati, the largest integrated steel producer in Romania, posted RON822 million loss in 2022 compared with RON1.4 billion net profit in 2021, Finance Ministry data show. more

09.23.2022

ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by ArcelorMittal group, recorded a loss of RON42.7 million in the first half, up from the RON19.3 million in the same period of 2021, the more

06.15.2022

LIBERTY Steel Group, which includes LIBERTY Galati, the largest steel producer in Romania, has reached a standstill agreement with Greensill Bank, its largest creditor, on the debt facilities relating more

04.13.2022

Liberty Galati, formerly Sidex, produced a record amount of steel products in Galati in 2021, company representatives announced. more

03.07.2022

Proinvest Group, a company specialized in steel products, has a EUR10-12 million investment budget for 2022, part of a long-term growth plan that started in 2021 and involves EUR100 million overall. more

01.10.2022

The Executive Board of Transport Trade Services (TTS), the biggest freight transporter on the Danube, has approved the conclusion of a contract estimated at RON75.6 million (EUR15.3 million) with its more

12.20.2021

Liberty Steel Group has allocated EUR5.5 million towards the consolidation and automation of the Liberty Galati Hot Strip Mill, which this year celebrates half a century of continuous activity. more

11.16.2021

ArcelorMittal Hunedoara (SIDG.RO), a steel mill owned by ArcelorMittal, ended the first nine months of 2021 with a net loss of RON17.9 million, compared with a net loss of RON31.4 million in the same more

11.11.2021

LIBERTY Steel Group, which owns the largest integrated steel producer in Romania, has hired 532 new employees in 2021, with at least 100 more jobs still to be filled by the end of 2021. more

09.08.2021

Liberty Steel Group on Wednesday said it would invest RON31 million (EUR6.3 million) in a state-of-the-art coating line for use on pipes produced by its specialist unit, Liberty Tubular Products more

08.27.2021

Donalam stakeholder AFV Beltrame Group, a major European producer of steel bars and other special steels, has announced a EUR200 million investment in a reinforcing steel and wire rod production unit more

08.10.2021

Steel mill Liberty Galati, Romania’s only integrated steel producer, reported turnover worth RON2.4 billion (EUR492 million) at the end of the second quarter of this year, 37% higher than in the more

05.06.2021

Liberty Steel, part of industrial group GFG Alliance, said May 5 it will "fix or sell underperforming units" in a restructuring and refinancing drive as it recovers from the March collapse of more

04.20.2021

The situation of the GFG group, the main shareholder of steel plant Liberty Galati, will not affect the operations of Liberty Galati, where GFG’s investment plans have not been shelved, says Ajay more

03.24.2021

Brasov-based roofing manufacturer Bilka Steel has entered the top 20 Romanian-held exporters, 2020 data show. In all, including foreign-held companies, Bilka ranks 391, according to the preliminary more

02.26.2021

TeraPlast Group has announced the closing of the transaction for the sale of the steel products division to Kingspan Group. On February 26, the shares of TeraPlast in TeraSteel Romania and Serbia, more

02.15.2021

Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after clearing the last competition hurdle. more

11.20.2020

Steel plant Donalam Calarasi held by AFV Beltrame Group, one of the largest steel bar and special steel manufacturers in Europe, posted 367.3 milion lei (EUR77.5 million) revenue in 2019, 16% lower more

10.27.2020

Brasov-based roofing systems manufacturer Bilka Steel, owned by businessman Horatiu Tepes, has invested EUR5 million in 2020, part of an ampler investment project set off in the past years, according more