www.g4media.ro/comitetul-interministerial-pentru-p

Romanian Prime Minister Luca Niculescu convened an interministerial committee to protect jobs and production capacities at Liberty Galați SA. The committee discussed a new restructuring plan presented by administrators to ensure the economic viability of the steel plant. To safeguard the 2,400 jobs, the Ministry of Labor will extend salary payments for six months from the National Employment Agency. Negotiations with five major investors interested in the plant will take place during this period. Approval of the restructuring plan is crucial to prevent bankruptcy and its negative economic impacts.