UMB Steel S.R.L. is part of the UMB Group, owned by the Umbrarescu family. The UMB Group operates in sectors such as road and bridge design and construction, building construction, the production of ferrous metals and concrete construction products, and electricity generation.
The ArcelorMittal Hunedoara S.A. assets targeted by the transaction mainly consist of production equipment and installations, materials and inventories, as well as the land and buildings of the factory in Hunedoara County, along with certain real estate assets located outside the factory. ArcelorMittal Hunedoara S.A. ceased operations in September 2025.
Following its analysis, the Competition Council concluded that this operation does not pose significant obstacles to effective competition in the Romanian market or a substantial part of it, and that there are no serious doubts regarding its compatibility with a normal competitive environment.
The decision will be published on the website of the national competition authority after the removal of confidential information.