The decision comes at a critical time for the company, which is coping with significant debts, overdue salaries and the risk of electricity supply interruption.

The new restructuring plan provided for the setting of a minimum sale price of EUR200 million, full payment of this amount and pledges about the restart of production. However, the approval of the document has been postponed again.

Despite the difficulties, five investors have expressed their interest in acquiring Liberty Galati via direct negotiation.

(English version by Catalina Apostoiu)