economedia.ro/fabrica-metinvest-din-iasi-la-un-pas

Metinvest Tubular Iași faces significant challenges, with many employees sent home due to raw material shortages. The owner is considering three options: maintaining operations, selling the business, or shutting down the factory. The issues stem from supply difficulties linked to the ongoing war in Ukraine. Despite previous positive signals after Metinvest's acquisition, the current situation raises concerns about job security. The factory, which produces welded steel pipes, remains a key player in the local economy, ranking third among exporters in Iași County. Financially, it reported losses in recent years, highlighting ongoing struggles despite its industrial importance.