The auction will take place on 19 June 2026 and covers both the Steel Complex belonging to Liberty Galați and the Pipe Factory belonging to Liberty Tubular Products Galați. The starting price is €444 million for Liberty Galați and €19 million for Liberty Tubular Products Galați.
The auction restart confirms that Liberty Galați remains a strategic and attractive industrial asset for investors. The new stage follows a technical update of the market value and redefinition of the asset perimeter included in the recovery process.
"For an industrial asset of this size, the first auction often represents a market test. Interest existed and materialised through the purchase of tender documents, visits to the plant and signing of confidentiality agreements. However, such transactions require complex analyses and time to structure an investment decision," said Remus Borza, President of Euro Insol. In the previous procedure, five strategic investors from Europe and Asia purchased the tender documents, and some conducted plant visits and participated in detailed discussions about the investment potential.
"The interest shown so far confirms that the steel plant in Galați remains one of the most important industrial assets in the region, with strategic relevance for the European steel market. Liberty Galați continues to have the necessary advantages to attract a strategic investor and become an important economic engine for the region again," said Paul-Dieter Cârlănaru, CEO of CITR.
