07.07.2014

ArcelorMittal Galati’s employees eligible for retirement by the end of 2015 can leave the company early under a pre-retirement program that kicks off Monday, the Romanian unit of the world’s more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more

05.22.2014

The share capital of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) was raised by 81.5 million lei (EUR18.4 million), from RON6.5 million to RON88 million. more

05.13.2014

Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization. more

05.02.2014

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) Friday said its losses narrowed 21% to 29.7 million lei (EUR6.7 million) in 2013, from RON37.6 million a year before. more

04.29.2014

Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) reported a turnover of 687.5 million lei (EUR155.9 million) in 2013, down 16.8% from RON826.4 million a year earlier, the more

04.25.2014

ArcelorMittal Galati, Romania’s largest steelmaker, controlled by Indian billionaire Lakshmi Mittal, halved its losses last year against 2012, when it reported a minus of 231 million lei (EUR53 more

04.01.2014

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, announced Tuesday that it unilaterally terminated a contract with state-run nuclear power company more

03.20.2014

The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green power more

12.23.2013

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) must pay 18 million lei (EUR4 million) for the stakes held by Italy’s utility Enel and ArcelorMittal in EnergoNuclear, a joint more

12.13.2013

Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on January 16 to discuss raising the company’s capital by RON84.6 million, from RON6.5 million more

11.29.2013

Romanian steel pipes manufacturer Tenaris Silcotub Zalau boosted its turnover four times in the past five years and became the most valuable company in the local steel industry, according to eighth more

11.20.2013

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Wednesday said it invested EUR2 million in a new machine which will help improve product quality. more

10.15.2013

ArcelorMittal, the world’s biggest steelmaker controlled by Indian billionaire Lakshmi Mittal, will invest EUR92 million to modernize a furnace in France, but it demolishes its furnaces in Romania. more

07.25.2013

Despite Romania needing infrastructure, roads, bridges, schools and hospitals, steel consumption has declined significantly in the past few years and continues to do so, according to industry more

05.31.2013

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) will merge with firm Mecanica Sider, which it controls. more

05.02.2013

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) on Thursday announced it would merge with Mecanica Sider, a company it controls 99.89%. more

03.24.2013

Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on April 24 for talks on dissolving the company. more

03.21.2013

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) Thursday said its loss nearly doubled on the year to 37.6 million lei (EUR8.4 million) in 2012, hurt by lower prices and unfavorable market more

03.19.2013

Romania should postpone the deregulation of natural gas prices to avoid a “major impact” on industrial consumers, Romanian steelmaker ArcelorMittal Galati said in a press release Tuesday. more

02.21.2013

Romanian steelmaker ArcelorMittal Galati has purchased 1.86 terawatt-hours of electricity from state-run nuclear power company Nuclearelectrica for 337.1 million lei (EUR76.8 million), data from OPCOM more

01.18.2013

A foreign manager says what the Economy minister should have said: Romania stands to gain too little from the green energy boom because most equipment is not built locally. more

01.17.2013

Romanian steelmaker ArcelorMittal Galati has adjusted its heavy plate production to meet the requirements of wind turbine producers in a bid to increase its footprint in the lucrative local market. more

11.28.2012

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Wednesday estimated its operations will be negatively affected by falling prices in international markets and a more

10.16.2012

ArcelorMittal Galati, a Romanian unit of the world’s largest steelmaker ArcelorMittal, Tuesday said it will cut working hours in face of declining European demand for steel. more