Liberty Ostrava News — GMK Center https://gmk.center/en/tag/liberty-ostrava-en/ This is an informational-analytical, discussion platform Mon, 19 Jan 2026 11:48:05 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png Liberty Ostrava News — GMK Center https://gmk.center/en/tag/liberty-ostrava-en/ 32 32 <![CDATA[Czech Nova Hut plans investments of up to CZK 150 million in 2026]]> https://gmk.center/en/news/czech-nova-hut-plans-investments-of-up-to-czk-150-million-in-2026/ Mon, 19 Jan 2026 11:48:02 +0000 https://gmk.center/?post_type=news&p=118866 The Czech company Nova Hut, which has officially controlled the former Liberty Ostrava steelworks since October last year, plans to invest up to CZK 150 million in 2026. This is stated in the company’s report. According to Nova Hut’s production and technical director, Ivo Hmelik, they will focus on modernizing production, upgrading equipment, and using […]

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]]> <![CDATA[Nova Hut explores possibilities for building an electric arc furnace at its plant in Ostrava]]> https://gmk.center/en/news/nova-hut-explores-possibilities-for-building-an-electric-arc-furnace-at-its-plant-in-ostrava/ Wed, 12 Nov 2025 12:54:11 +0000 https://gmk.center/?post_type=news&p=115864 Nova Hut, which has officially controlled the former Liberty Ostrava steelworks since October 1, is considering the construction of an electric arc furnace (EAF). The project is part of a long-term strategy to modernize the plant and transition to more sustainable and energy-efficient steel production, according to Kallanish. It is currently in the technical and […]

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]]> <![CDATA[Liberty Ostrava is being transferred to a new owner under the name Nová Huť]]> https://gmk.center/en/news/liberty-ostrava-is-being-transferred-to-a-new-owner-under-the-name-nova-hut/ Fri, 03 Oct 2025 09:44:07 +0000 https://gmk.center/?post_type=news&p=114035 The Czech steel plant Liberty Ostrava, which was in bankruptcy, became the property of SPV NH Ostrava, controlled by businessman and former Czech Interior Minister Martin Pečina, on October 1, 2025. This was reported by iDnes. Under the agreement, the new owner paid CZK 3.01 billion and restored the plant’s historical name, Nová Huť, as […]

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]]> <![CDATA[Czech consortium acquires Liberty Ostrava for $142 million]]> https://gmk.center/en/news/czech-consortium-acquires-liberty-ostrava-for-142-million/ Tue, 22 Jul 2025 09:08:56 +0000 https://gmk.center/?post_type=news&p=111679 The new owner of the Czech steelworks Liberty Ostrava will be a consortium of companies SPV NH Ostrava and SPV NH Koksovna, owned by former Interior Minister Martin Pecina. This was reported by Ekonomický deník. The consortium offered CZK 3.01 billion ($142.6 million) for the main production facility and coking plant. The creditors’ committee and […]

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]]> <![CDATA[Liberty Steel: from great promise to the fall of an empire]]> https://gmk.center/en/posts/liberty-steel-from-great-promise-to-the-fall-of-an-empire/ Mon, 16 Jun 2025 05:05:27 +0000 https://gmk.center/?post_type=posts&p=110137 In 2018 to 2023, Liberty Steel, a member of the GFG Alliance, was actively expanding its “empire” by acquiring European assets, including distressed ones. However, after the bankruptcy of its main creditor, Greensill Capital, in 2021, the company faced significant financial difficulties. Despite attempts to restructure its debt and attract investors in recent years, the […]

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]]> <![CDATA[Liberty Ostrava steel plant put up for sale]]> https://gmk.center/en/news/liberty-ostrava-steel-plant-put-up-for-sale/ Wed, 05 Feb 2025 13:00:59 +0000 https://gmk.center/?post_type=news&p=104994 Liberty Ostrava’s insolvency administrator has started the process of selling the bankrupt steel plant with the approval of the creditors’ committee, Faei reports. The tender will be held in two rounds. In the first round, interested parties will submit binding offers, and a select number of them will be allowed to participate in the second […]

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]]> <![CDATA[Liberty Ostrava resumes production at its hot strip mill]]> https://gmk.center/en/news/liberty-ostrava-resumes-production-at-its-hot-strip-mill/ Wed, 29 Jan 2025 13:09:17 +0000 https://gmk.center/?post_type=news&p=104757 Czech steelmaker Liberty Ostrava, a subsidiary of British Liberty Steel, which is up for sale, has resumed production at its hot strip mill after more than a year’s break. This is reported by iDNES.cz. The production of flat products has been financed by the Czech engineering group Vútkovice Machinery Trade (CE Industries group) since August […]

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]]> <![CDATA[Liberty Ostrava resumes production of some items]]> https://gmk.center/en/news/liberty-ostrava-resumes-production-of-some-items/ Wed, 23 Oct 2024 11:11:57 +0000 https://gmk.center/?post_type=news&p=101686 Czech steelmaker Liberty Ostrava, a subsidiary of British Liberty Steel, which is up for sale, has resumed production of rebar and road fencing under a tolling scheme, and this week will also resume production of seamless pipes. This was reported by Kallanish, citing sources. The company is supplied with square and round billets by two […]

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]]> <![CDATA[Sale of Liberty Ostrava attracted mostly Czech companies – S&P Global]]> https://gmk.center/en/news/sale-of-liberty-ostrava-attracted-mostly-czech-companies-s-p-global/ Wed, 19 Jun 2024 09:14:25 +0000 https://gmk.center/?post_type=news&p=97897 The sale of the Czech steel mill Liberty Steel in Ostrava has already attracted interest from a number of parties, mostly Czech companies. This was reported by S&P Global, citing industry sources. However, it also includes Indian Jindal Steel, whose delegation visited the plant in May this year. Other potential buyers, according to the sources, […]

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]]> <![CDATA[Liberty Steel plans to sell steel plant in Ostrava – Argus]]> https://gmk.center/en/news/liberty-steel-plans-to-sell-steel-plant-in-ostrava-argus/ Thu, 13 Jun 2024 08:26:18 +0000 https://gmk.center/?post_type=news&p=97685 British steelmaker Liberty Steel plans to sell its troubled Liberty Ostrava steel plant in the Czech Republic, while initiating bankruptcy proceedings. This is reported by ArgusMedia. The company is withdrawing its preventive restructuring plan to begin bankruptcy proceedings under the insolvency law. The restructuring of Liberty Ostrava is complicated by the weak steel market in […]

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]]> <![CDATA[Liberty Ostrava expects to launch blast furnace on June 1]]> https://gmk.center/en/news/liberty-ostrava-expects-to-launch-blast-furnace-on-june-1/ Wed, 13 Mar 2024 10:51:01 +0000 https://gmk.center/?post_type=news&p=94648 Czech steelmaker Liberty Ostrava, a subsidiary of UK-based Liberty Steel, plans to restart its blast furnace on June 1, 2024, if an agreement is reached with energy supplier Tameh, or on January 1, 2025, if not. This is reported by Argus.Media. In total, the company offers two restructuring plans, one of which provides for the […]

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]]> <![CDATA[Liberty Ostrava considers acquisition of energy supplier Tameh Czech]]> https://gmk.center/en/news/liberty-ostrava-considers-acquisition-of-energy-supplier-tameh-czech/ Wed, 28 Feb 2024 11:34:32 +0000 https://gmk.center/?post_type=news&p=94163 Czech steelmaker Liberty Ostrava, a subsidiary of UK-based Liberty Steel, is seeking to negotiate lower prices and volumes with Tameh Czech and has made a takeover offer for the insolvent energy producer, Reuters reports. The crisis is hampering both companies. Liberty continues to negotiate with Tameh to restore power supply. This would allow the company […]

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]]> <![CDATA[Restructuring Administration declares Liberty Ostrava bankrupt]]> https://gmk.center/en/news/restructuring-administration-declares-liberty-ostrava-bankrupt/ Tue, 20 Feb 2024 12:28:16 +0000 https://gmk.center/?post_type=news&p=93855 The restructuring administration has revealed that the Czech steelmaker Liberty Ostrava, a subsidiary of British Liberty Steel, is bankrupt. As a result, the company’s previously announced restructuring plan is at risk of failure. This is reported by SteelOrbis with reference to local media. The restructuring administration has submitted a proposal to the regional court to […]

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]]> <![CDATA[Czech government reminded of the legal consequences of the situation with Liberty Ostrava]]> https://gmk.center/en/news/czech-government-reminded-of-the-legal-consequences-of-the-situation-with-liberty-ostrava/ Tue, 30 Jan 2024 10:50:59 +0000 https://gmk.center/?post_type=news&p=93097 Czech Minister of Industry and Trade Josef Sikela sent a letter to British Liberty Steel with an urgent request to save Liberty Ostrava steel mill. This was reported by České noviny. The official also warned of possible legal consequences of violating the company’s management responsibilities, including financial liability in the event of bankruptcy. Sikela called […]

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]]> <![CDATA[Timing of Liberty Ostrava’s relaunch remains uncertain]]> https://gmk.center/en/news/the-timing-of-liberty-ostravas-relaunch-remains-uncertain/ Wed, 17 Jan 2024 11:58:31 +0000 https://gmk.center/?post_type=news&p=92600 The timing of the restart of the Czech steel plant Liberty Ostrava, a subsidiary of British Liberty Steel, is still uncertain as negotiations on the unpaid debt are still ongoing. This is reported by S&P Global. The largest steelmaker in the Czech Republic has been at a standstill since December 22, 2023. Then its sole […]

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]]> <![CDATA[LIBERTY Ostrava postpones restart due to disputes with energy supplier]]> https://gmk.center/en/news/liberty-ostrava-postpones-restart-due-to-disputes-with-energy-supplier/ Tue, 09 Jan 2024 08:24:54 +0000 https://gmk.center/?post_type=news&p=92283 Czech steelmaker LIBERTY Ostrava, a subsidiary of British LIBERTY Steel, has postponed the restart of production until at least January 16, 2024, due to unreached agreements with energy supplier Tameh. This was reported by local media. The company had planned to resume operations in early January 2024, but the restart was recently postponed to January […]

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]]> <![CDATA[Liberty Ostrava has clarified its financial situation to creditors]]> https://gmk.center/en/news/liberty-ostrava-has-clarified-its-financial-situation-to-creditors/ Thu, 28 Dec 2023 09:02:23 +0000 https://gmk.center/?post_type=news&p=92134 Czech steelmaker Liberty Ostrava, a subsidiary of British Liberty Steel, has provided an explanation to its creditors about its financial position. Argus.Media reports this with reference to the company’s letter. Between August 2022 and September 2023, Liberty Ostrava sold €359 million worth of carbon credits. During the same period, the company purchased €183 million worth […]

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]]> <![CDATA[Czech government calls on LIBERTY Ostrava to pay off the energy supplier]]> https://gmk.center/en/news/czech-government-calls-on-liberty-ostrava-to-pay-off-the-energy-supplier/ Thu, 21 Dec 2023 11:53:16 +0000 https://gmk.center/?post_type=news&p=91933 Czech Industry Minister Józef Sikela has called on Czech steelmaker LIBERTY Ostrava, a subsidiary of British LIBERTY Steel, to pay off energy supplier Tameh. This is reported by Reuters. The Ostrava steel plant, with an annual capacity of 3.6 million tons of steel, is on the verge of a complete shutdown due to the possibility […]

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]]> <![CDATA[LIBERTY Steel is losing ground in the global steel market]]> https://gmk.center/en/posts/liberty-steel-is-losing-ground-in-the-global-steel-market/ Mon, 18 Dec 2023 08:01:53 +0000 https://gmk.center/?post_type=posts&p=91729 LIBERTY Steel, an international steel and mining company with a steel production capacity of over 14 million tons per year and a rolled steel production capacity of over 24 million tons per year, is gradually losing ground in the global steel market. The main factor affecting the company’s performance is the unfavorable situation on the […]

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]]> <![CDATA[Liberty Ostrava plans to restart blast furnace No. 3 in January]]> https://gmk.center/en/news/liberty-ostrava-plans-to-restart-blast-furnace-no-3-in-january/ Wed, 13 Dec 2023 11:07:03 +0000 https://gmk.center/?post_type=news&p=91626 Czech steelmaker Liberty Ostrava, a subsidiary of UK-based Liberty Steel, plans to restart blast furnace (BF) No. 3 in January 2024 and increase production. This was reported by Nasdaq. The company temporarily suspended its only operating blast furnace No. 3 at the end of October 2023 amid falling demand in Europe. In November, the company […]

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]]> <![CDATA[Liberty Ostrava received creditor protection through the court]]> https://gmk.center/en/news/liberty-ostrava-received-creditor-protection-through-the-court/ Thu, 30 Nov 2023 12:32:55 +0000 https://gmk.center/?post_type=news&p=91148 Czech Republic’s Liberty Ostrava, a subsidiary of Britain’s Liberty Steel, has received a court order for protection from its creditor, energy supplier Tameh Czech, and is preparing a restructuring plan, Reuters reports. “Liberty can confirm that an individual moratorium has been announced in relation to an energy supplier. This will allow the company to complete […]

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]]> <![CDATA[Czech Liberty Ostrava has begun the process of shutting down the VKB 11 coke oven battery]]> https://gmk.center/en/news/czech-liberty-ostrava-has-begun-the-process-of-shutting-down-the-vkb-11-coke-oven-battery/ Fri, 06 Oct 2023 07:10:15 +0000 https://gmk.center/?post_type=news&p=88954 The Czech steel company Liberty Ostrava, a subsidiary of the British Liberty Steel, began the process of shutting down one of the three coke oven batteries VKB №11 on September 19, 2023. This is stated in the press release. The company perceives this event as an important step towards the transition to environmentally friendly steel […]

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]]> <![CDATA[Liberty Steel shuts down one of three coke ovens at its plant in the Czech Republic]]> https://gmk.center/en/news/liberty-steel-shuts-down-one-of-three-coke-ovens-at-its-plant-in-the-czech-republic/ Tue, 05 Sep 2023 09:25:08 +0000 https://gmk.center/?post_type=news&p=87522 Liberty Steel is shutting down one of three coke ovens at its steel mill in Ostrava, Czech Republic. Argus.Media reports about it. The company announced the shutdown of one of the largest coke ovens at the Czech plant – №11. The reason for the shutdown is the unit’s inefficiency and unprofitability, as well as excess […]

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]]> <![CDATA[Czech Liberty Ostrava invests $3.45 million to reduce dust emissions at the sinter plant]]> https://gmk.center/en/news/czech-liberty-ostrava-invests-3-45-million-to-reduce-dust-emissions-at-the-sinter-plant/ Mon, 26 Sep 2022 14:56:09 +0000 https://gmk.center/?post_type=news&p=71885 Czech steel company Liberty Ostrava, a subsidiary of British Liberty Steel, plans to invest 88 million Czech crowns ($3.45 million) in reducing dust emissions at its sinter plant. This is stated in the press release on the company’s website. The company plans to install a new exhaust gas pipeline at the sinter plant. Due to […]

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