ARCELORMITTAL
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ArcelorMittal Says Deals With Hidroelectrica Perfectly Legal
ArcelorMittal Galati, a unit of steel giant ArcelorMittal, Thursday said its electricity contracts with Romanian state-run hydropower generator Hidroelectrica comply with the local legislati...
ArcelorMittal Galati Struggling To Sell As Much As It Used To In 2008
The management of the largest plant in Romania, ArcelorMittal Galati, whose annual revenue stands at about EUR1 billion, said it needs to make steady efforts to sell less than half of the pr...
Head Of Largest Steel Plant: Dacia Saved Renault From Bankruptcy
Dacia is one of the “success stories” of the Romanian and international economy because it saved French group Renault from bankruptcy and is a model for ArcelorMittal Galati, said Bruno Ribo...
ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy...
ArcelorMittal, Alro Say No State Aid Under Hidrolectrica Energy Deals
Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid.
ArcelorMittal Romania Sales Up 11% To $931M In 2011
ArcelorMittal, the world’s largest steelmaker, reported total sales of $931 million at its Romanian units in 2011, up 11% from $837 million in 2011.
ArcelorMittal Roman Increases Share Capital By RON292M
Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statem...
ArcelorMittal To Hike Share Capital Of 2 Romanian Subsidiaries
ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Roma...
ArcelorMittal Galati To Increase Steel Production Starting 2012, Following EUR80M Investment
ArcelorMittal Galati, the largest steel plant in Romania, plans to increase its production by one million tons starting next year, after the reopening of furnace five, whose upgrading cost E...