www.economica.net/e-oficial-miliardarul-ucrainean-

Metinvest Tubular Iași is set to close, affecting 194 employees due to collective layoffs. The company's operations were disrupted by the ongoing conflict in Ukraine, which halted steel supply from a Ukrainian plant. Despite attempts to source materials from Europe, costs were significantly higher. The factory specialized in small welded steel tubes and was part of Metinvest's strategic expansion in Romania. The Ukrainian steel plant Zaporizhstal, which supplied materials, has also faced production cuts due to the war, impacting its operations. Metinvest has other assets in various countries, including Italy and the UK.