ARCELORMITTAL
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ArcelorMittal Galati Number Of Employees Down By 1,000 In 2013
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.
ArcelorMittal Tubular Products Roman 2013 Turnover Down 16.8% To RON687.5M
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,...
ArcelorMittal Galati Cancels Contract With Nuclearelectrica Starting April 1
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 Nucle...
Nuclearelectrica To Pay EUR4M For Enel And ArcelorMittal’s Stakes In EnergoNuclear
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 jo...
ArcelorMittal Builds Furnace In France, But Demolishes The Ones In Romania
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 R...
Romania’s Steel Consumption Down 40%, Despite Dire Need For Infrastructure
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 industr...
ArcelorMittal Galati: Deregulation Of Natural Gas Prices In Romania Should Be Put Off
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.
Ribo, ArcelorMittal: It Is Unacceptable That Only 5% Of Wind Turbine Parts Are Made In Romania
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.
ArcelorMittal Hunedoara To Start Voluntary Leave Program
Romanian steel processor ArcelorMittal Hunedoara will carry out a voluntary leave program between August 10 and September 14, and the employees to leave the company will receive severance pa...