www.antena3.ro/economic/companii/fabrica-de-tevi-d

Metinvest Tubular Iași faces financial difficulties shortly after being acquired by Rinat Ahmetov, leading to layoffs and potential restructuring options. The factory's issues stem from supply chain disruptions due to the ongoing war in Ukraine. Various scenarios for recovery are being considered, including conservation, selling the business, or dismantling it. Metinvest, a major steel group, aims to strengthen ties between Ukrainian and EU steel industries. The factory produces welded structural pipes and has a production capacity of 240,000 tons per year. It reported significant losses in 2024.