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Romania - Latest news GMK Center

Photo – Romanian Liberty Galati invests €30 million in improving the quality of sheet steel
Romanian Liberty Galati invests €30 million in improving the quality of sheet steel

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

Photo – Ukraine will develop transport infrastructure on the border with Romania
Ukraine will develop transport infrastructure on the border with Romania

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

Photo – Liberty Galati invested $8.9 million in a new pipe coating line
Liberty Galati invested $8.9 million in a new pipe coating line

The company expands the portfolio of products with high added value

Photo – Romania is considering energy support for the steel industry
Romania is considering energy support for the steel industry

The Ministry of Economy will promote two state aid schemes

Photo – Romanian wire producer Dan Steel will be auctioned for €25.9 million
Romanian wire producer Dan Steel will be auctioned for €25.9 million

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

Photo – The port of Constanta increased iron ore transshipment by 46.9% y/y in 2022
The port of Constanta increased iron ore transshipment by 46.9% y/y in 2022

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

Photo – Russian TMK sold the Romanian pipe plant Artrom Steel Tubes
Russian TMK sold the Romanian pipe plant Artrom Steel Tubes

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

Photo – Romania to invest $400 million in the restoration of the railway to the border with Moldova
Romania to invest $400 million in the restoration of the railway to the border with Moldova

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

Photo – Romania’s Liberty Galati is shutting down its blast furnace for maintenance until 2023
Romania’s Liberty Galati is shutting down its blast furnace for maintenance until 2023

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

Photo – Ukraine opens a new checkpoint on the border with Romania
Ukraine opens a new checkpoint on the border with Romania

The new point Krasnoilsk – Vikovu de Sous should relieve the Porubne – Siret crossing

Photo – Romanian port Constanta increased cargo transshipment by 17% in January-June
Romanian port Constanta increased cargo transshipment by 17% in January-June

For six months, port operators handled 37.5 million tons of cargo

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