{"id":10191,"date":"2026-05-18T07:00:29","date_gmt":"2026-05-18T07:00:29","guid":{"rendered":"https:\/\/ofero.news\/?p=10191"},"modified":"2026-05-18T07:00:29","modified_gmt":"2026-05-18T07:00:29","slug":"akhmetovs-envoy-discusses-rescue-options-for-romanias-liberty-galati-steel-plant","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=10191","title":{"rendered":"Akhmetov\u2019s envoy discusses rescue options for Romania\u2019s Liberty Gala\u021bi steel plant"},"content":{"rendered":"

Representatives of Metinvest, the industrial group controlled by Ukrainian businessman Rinat Akhmetov, held talks with Romanian authorities regarding possible solutions for the financially troubled Liberty Gala\u021bi steel plant, formerly known as Sidex, according to Profit.ro<\/a>.<\/p>\n

Yevhen Shelekhov, head of mergers and acquisitions at Metinvest, met Mihai Jurca, head of the Romanian prime minister\u2019s chancellery, to discuss measures aimed at stabilising the steelmaker and addressing the economic and social impact of its inactivity. According to Profit.ro, the discussions focused on \u201cidentifying solutions regarding Liberty Gala\u021bi\u201d, including proposals for \u201crelevant economic packages\u201d intended to support a potential restructuring or takeover process.<\/p>\n

Metinvest is among the companies interested in acquiring the assets of Liberty Gala\u021bi and previously purchased the specifications for the failed auction organised last month.<\/p>\n

The Gala\u021bi steelworks, one of Romania\u2019s largest industrial facilities and employers, has faced severe operational and financial difficulties amid the broader crisis affecting Liberty Steel operations in Europe.<\/p>\n

The discussions with Romanian authorities came as legal and financial pressure on the company continues to intensify.<\/p>\n

Earlier this week, a Czech court imposed provisional measures targeting part of Liberty Gala\u021bi\u2019s production assets, including operational units considered essential for manufacturing activity. The court order was communicated to Liberty Gala\u021bi ahead of a second auction for the company\u2019s assets scheduled for June 17.<\/p>\n

Despite the Czech ruling, representatives of CITR, the judicial administrator overseeing Liberty Gala\u021bi\u2019s preventive restructuring procedure, said the former Sidex plant could still proceed to auction.<\/p>\n

The legal dispute stems from claims linked to Liberty Ostrava, the Czech steel producer also belonging to the Liberty Steel group. The amount claimed remains to be established by Czech courts, while the recovery procedure falls under Romanian jurisdiction through Liberty Gala\u021bi\u2019s preventive composition process.<\/p>\n

Liberty Gala\u021bi has strategic importance for Romania\u2019s industrial sector and for regional steel supply chains, particularly given its proximity to Ukraine and the Black Sea. The plant has historically been one of the country\u2019s largest exporters and industrial employers.<\/p>\n

iulian@romania-insider.com<\/em><\/p>\n

(Photo source: the company)<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Representatives of Metinvest, the industrial group controlled by Ukrainian businessman Rinat Akhmetov, held talks with Romanian authorities regarding possible solutions for the financially troubled Liberty Gala\u021bi steel plant, formerly known as Sidex, according to Profit.ro. Yevhen Shelekhov, head of mergers and acquisitions at Metinvest, met Mihai Jurca, head of the Romanian prime minister\u2019s chancellery, to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10191","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10191"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/10191\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}