France - Latest news GMK Center

The country’s parliament has once again voted in favour of this decision; the company supports continued investment in France

The expected growth rate for 2026 has fallen to 0.5% y/y from 0.9% y/y

The company described the debate on this issue as biased

The company will ramp up production of these products in the region

The group announced that it will invest an additional €600 million

Provided the geopolitical situation stabilizes, the company expects business activity to pick up in the second half of the year

Investment in the project at the Le Creux site totaled €52 million

The project in Fos-sur-Mer will be capable of producing over 2 million metric tons of steel per year using EAF technology and up to 3 million metric tons of hot-rolled coil

The production of the first coil on the new lines in Mardik brings the group closer to tripling its capacity in Europe

The plant in Isberg will be completely shut down from June through September, putting 1,200 jobs at risk

The program will support the construction of new 1-GW electrolysers

The company is increasing its investment to €90 million in 2026 and is preparing to hire additional staff for the site