Liberty Galati in early March announced it entered agreement with creditors amid political changes, the new US tariffs on steel imports and the lack of real moves to protect the EU steel industry, considering this to be the best path to stabilizing its business.
In parallel with starting production, the company continues negotiations with the around 1,200 creditors for the approval of the Restructuring Plan due to be ratified by Galati Tribunal by July 5.
(English version by Catalina Apostoiu)