LIBERTY
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Steel Plant Liberty Galati Revenue Drops To RON2.1B In 2024
Liberty Galati steel plant ended 2024 with RON2.1 billion revenue, down from RON3.6 billion in 2023, and losses of RON1.6 billion, lower than the previous year, Finance Ministry data show. It had 4,902 employees in 2024, compared with 4,772 in 2023.
Liberty Appoints Thomas Gangl As CEO Of Its European Business
Liberty Steel Group (“LIBERTY”) has appointed international sustainability leader Thomas Gangl as the Chief Executive Officer of its European business, and confirms Vienna as the location fo...
Liberty Galati Posts RON822M Loss In 2022
Liberty Galati, the largest integrated steel producer in Romania, posted RON822 million loss in 2022 compared with RON1.4 billion net profit in 2021, Finance Ministry data show.
Jumbo Likely to Buy Liberty Shopping Center
Shopping center Liberty, owned by Alpha Bank, Bank of Cyprus and Eurobank, is likely to be taken over by Jumbo, according to Romanian real estate market sources.
New Owners of Sidex Galati Plan to Achieve Significant Growth in Sales by 2022
The first concrete step of the new owners of the Sidex Galati steel mill was the rename the plant from ArcelorMittal to Liberty Galati. Jon Bolton, CEO of Liberty Steel Continental Europe, t...
Liberty Acquires ArcelorMittal European Steel Assets, Including Romanian Steel Mill
The biggest steel mill in Romania is changing hands after the EU cleared the sale of ArcelorMittal's European assets to UK Liberty Group.
Private Equity Firm White Star and US University About to Buy Liberty Office Complex in Cluj
Fribourg Development, the real estate division of private equity firm Fribourg Capital, held by Ion Sturza, former prime minister of the Republic of Moldova, is about to sign the contract to...
UPC Romania Revenue Rises 7.2% In 2Q/2017
Cable TV and telecom operator UPC Romania, member of Liberty Global, on Tuesday said it registered revenue of RON183.1 million in April-June 2017, up 7.2% from RON170.8 million reported in t...