LIBERTY GALATI
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Investment Plans Still in Place for Steel Plant Liberty Galati
The situation of the GFG group, the main shareholder of steel plant Liberty Galati, will not affect the operations of Liberty Galati, where GFG’s investment plans have not been shelved, says...
Liberty Galati Says It Has Adequate Funding for Current Needs
Steel mill Liberty Galati said Tuesday it has the funds to cover the plant's current needs although the insolvency of investment fund Greensill, the main lender to its parent group, was “cha...
Liberty Steel Appoints New Interim General Manager at Liberty Galati
Liberty Steel Group, part of Sanjeev Gupta’s GFG Alliance, announced Wednesday it would appoint Prasanta Mishra as the interim General Manager of its Liberty Galati plant in Romania.
Liberty Galati Completes EUR13.5M Investment
Liberty Galati announced Tuesday it completed an investment of EUR13.5 million in the modernization of a hot stove for one of the steelworks’ blast furnaces.
Liberty Galati Sees Second Consecutive Year Of Profit In 2019 After Posting Loss For Several Years
Steel mill Liberty Galati (former Sidex Galati) ended 2019 with a turnover of RON5.078 billion, slightly lower than in the previous year, per finance ministry data; the company registered pr...
Romgaz, Liberty Galati Sign MoU to Build Gas-Powered Electricity Unit
Romanian state-owned natural gas producer Romgaz (SNG.RO) and steel mill Liberty Galati signed a memorandum of understanding on Wednesday to set up a joint venture for the development of a g...
GFG Alliance Pledges to Invest EUR1B in Liberty Galati Steel Mill
GFG Alliance plans to invest EUR1 billion in its Liberty Galati steel mill over the next ten years to significantly reduce carbon emissions and to boost production, targeting to transform th...
Liberty Steel To Invest EUR200M in Galati Mill in Five Years
Liberty Steel, owned by international metals and industrial entrepreneur Sanjeev Gupta, plans to invest EUR200 million in the steel mill in Galati over the next five years.