UMB Steel acquires ArcelorMittal Hunedoara assets for €12.5 million
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.

Eleven programmes financed through the second Swiss Contribution, with a total value of around CHF 221.5 million (€240 million), are now in implementation in Romania.
The Romanian Government has adopted a financing instrument worth RON 5.313 billion (€1 billion) to develop production capacities in Romania.
Enery has inaugurated the Titu solar park, a 54 MW photovoltaic plant in Dâmbovița County.
The LaDoiPași proximity store network, developed by Metro Romania, has opened 100 stores in a single day and passed the 3,000-store milestone nationwide.
Romania registered the highest annual inflation rate in the bloc for May 2026, reaching 9.7%, according to Eurostat.