Romania

The company is adapting to the difficult conditions for European steel producers

The checkpoint will primarily be designed for freight transport

At the previous auction, the starting price of the company was at the level of €25.9 million, but the auction probably did not take place

By 2025, the company intends to install a cooling unit on a thick sheet mill

According to the estimates of the Recovery Agency, this area can triple the freight flow

The company expands the portfolio of products with high added value

The Ministry of Economy will promote two state aid schemes

The company has been in bankruptcy proceedings since the beginning of 2023

Transshipment of ferrous metals for the year increased by 28.9% y/y

The sale of the company is likely due to pressure from the Romanian authorities to protect the industry from Russian business

The section Dermenesht – Vikshan – Kordon receives, in particular, international railway transportation from Ukraine

Investments in unit maintenance are planned at the level of $3.9 million