www.gandul.ro/actualitate/tarifele-majorate-de-ue-

Metinvest, owned by Ukrainian oligarch Rinat Akhmetov, will close the former ArcelorMittal Iași factory despite increasing production and staff. The factory, which has a troubled history, was acquired in December 2025. Metinvest plans to lay off 194 of its 195 employees, leaving only the current director. Compensation packages will be provided, with amounts varying based on employee tenure. The company cites EU regulations and Russian attacks as factors affecting steel supply and production viability. The factory's future hinges on EU import regulations and potential real estate interests in the area, as urban redevelopment is underway nearby.