The manufacturer, one of the largest privately-owned Romanian exporters, saw its profit shrink to RON38.4 million from RON193 million in 2022.

The steel pipe and profile manufacturer employed 406 people last year, compared with 411 people the year before, according to the same source.

Mairon Galati is the third leading actor in the steel industry, after Liberty Galati and Tenaris Silcotub.

(English version by Loredana Fratila-Cristescu)