LibertyGalati, formerly Sidex Galati, and its long products spin-off, Liberty Tubular Products Galați, owe EUR 662 million to creditors, including EUR 450 million to the state.
Romania's largest flat steel producer, LibertyGalati, has been under severe financial and operational strain for nearly a year, with steel production largely suspended amid persistent liquidity ...
The next review of the case is scheduled for March 25, 2026. This was reported by Monitourul De Galati. In fact, the new resolution almost completely repeats the previous ruling from September, with only the dates changed ... .
On December 16, 2025, the Galati Tribunal, ...Liberty Galati has now been under concordat protection for almost one year, during which the steel plant has remained fully idle with no production activity.
Romania's largest steel producer, LibertyGalati, has recently been embroiled in a major financial investigation ... The case is still under investigation, but for Liberty Galati, which is already in ...
After recent police raids and the launch of a fraud and tax evasion investigation, LibertyGalati, Romania's largest steel producer, continues to face a deepening financial crisis ... Galati steelworks.
On November 7, investigators from Romania's Directorate for Investigating Organized Crime and Terrorism (DIICOT) carried out raids at the LibertyGalati steel complex as part of a probe into suspected large-scale fraud and tax evasion.