It is reported that the interested parties include Romanian UMB Steel, Ukrainian Metinvest, Indian Jindal Steel International and JSW Steel, as well as the Greek Sidenor Steel Industry. However, none of the investors provided the necessary guarantees, suggesting that the lower price was not enough to offset concerns about the company's financial burden, restart costs, and difficult conditions in the European steel market.
Liberty Galati remains under a heavy burden: the total debt is estimated at about 4.7 billion lei, including major claims from government agencies and banks. Although the administrators stated that the search for a strategic investor would continue, the auction's failure drew attention to possible government-backed solutions. Local reports indicate that recent government measures may allow Romania's state asset recovery authority to transfer state-owned claims in troubled strategic companies, while maintaining the possibility of a state-backed restructuring option. As a result, the future of the plant now largely depends on the following decisions of creditors and the Romanian state authorities.
