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Liberty Ostrava - Latest news GMK Center

Photo – Restructuring Administration declares Liberty Ostrava bankrupt
Restructuring Administration declares Liberty Ostrava bankrupt

The previously announced optimization plan for the enterprise is in danger of disruption

Photo – Czech government reminded of the legal consequences of the situation with Liberty Ostrava
Czech government reminded of the legal consequences of the situation with Liberty Ostrava

The Minister of Industry and Trade appealed to Liberty Steel to save the steel plant

Photo – Timing of Liberty Ostrava’s relaunch remains uncertain
Timing of Liberty Ostrava’s relaunch remains uncertain

Negotiations are ongoing regarding the metal plant's debts to Tameh Energy Czech

Photo – LIBERTY Ostrava postpones restart due to disputes with energy supplier
LIBERTY Ostrava postpones restart due to disputes with energy supplier

The Czech plant had planned to resume operations in early January, but the restart has now been delayed until at least January 16

Photo – Liberty Ostrava has clarified its financial situation to creditors
Liberty Ostrava has clarified its financial situation to creditors

The company has sold €359 million worth of carbon credits and is also looking to change its contract with Tameh Czech

Photo – Czech government calls on LIBERTY Ostrava to pay off the energy supplier
Czech government calls on LIBERTY Ostrava to pay off the energy supplier

Tameh's sole energy supplier is on the brink of bankruptcy due to non-payment of bills by LIBERTY

Photo – LIBERTY Steel is losing ground in the global steel market
LIBERTY Steel is losing ground in the global steel market

The indicators of the steel division of the company are affected by the unfavorable situation in the EU steel market

Photo – Liberty Ostrava plans to restart blast furnace No. 3 in January
Liberty Ostrava plans to restart blast furnace No. 3 in January

The unit was suspended in October amid falling demand in Europe

Photo – Liberty Ostrava received creditor protection through the court
Liberty Ostrava received creditor protection through the court

The steel producer has 30 days to present a restructuring plan

Photo – Czech Liberty Ostrava has begun the process of shutting down the VKB 11 coke oven battery
Czech Liberty Ostrava has begun the process of shutting down the VKB 11 coke oven battery

The company takes the path of producing environmentally friendly steel

Photo – Liberty Steel shuts down one of three coke ovens at its plant in the Czech Republic
Liberty Steel shuts down one of three coke ovens at its plant in the Czech Republic

The company is likely to idle two blast furnaces at the Czech and Romanian plants in the near future

Photo – Czech Liberty Ostrava invests $3.45 million to reduce dust emissions at the sinter plant
Czech Liberty Ostrava invests $3.45 million to reduce dust emissions at the sinter plant

The company plans to reduce dust emissions by 46% due to the installation of a new exhaust gas pipeline at the sinter plant

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