ArcelorMittal Galati said it will restart its fourth casting machine within the steel division after carrying out an ample package of investments, modernizations and repair works worth nearly EUR10 million.

The machine stopped in 2017 and modernization works started in November 2017.

Company representatives said the modernization works will boost production by reducing technical and accidental stops, increase casting speeds and eliminate quality flaws.

The company currently has 5,500 employees, compared with some 27,600 in 2001, when it was privatized.