www.economica.net/nou-plan-de-salvare-a-combinatul

CITR and Euro Insol announced the approval of a restructuring plan for Liberty Galați SA and Liberty Tubular Products Galați SA, crucial for the future of Romania's largest steel plant. The plan facilitates the sale of assets to an investor capable of restarting production. The starting price for the sale is set at 200 million euros. Following judicial approval, a public announcement will detail participation conditions and deadlines for binding offers. The aim is to ensure the industrial activity's revival while considering creditor interests. The government is also extending salary payments for employees to protect jobs during this transition.