A consortium formed by Turkish companies Belin Mining, Ceylan Metal Grup, Nakkas Holding, along with Dutch investment firm GTS Investments B.V., has officially submitted a letter of intent to ArcelorMittal, the world’s second-largest steel producer, as well as to the Romanian authorities. The proposal, transmitted through the Romanian company Richter Haus, outlines the group’s intention to acquire the ArcelorMittal Hunedoara steel plant, which the corporation recently announced plans to shut down. The investor group has expressed its commitment to continue the production of rolled profiles and other metallurgical products at Hunedoara, while also investing in modernization and re-technology upgrades. They have assured that they have the necessary financial resources not only to cover the acquisition but also to secure working capital and fund future investments. Negotiations and audit procedures are expected to begin soon. Strong industrial background Ceylan Metal Grup is one of Turkey’s largest producers of zinc and copper ingots and a leading international buyer of non-ferrous waste, residues, and slags. Belin Mining, active since 1998, is among Turkey’s key mining companies, with operations in North America and Asia. NakkaS Holding, founded in 1983, encompasses 16 companies employing more than 2,000 people, with activities across Europe, Asia, and Africa in oil, renewable energy, and mining. The Romanian partner in the consortium, Richter Haus, is owned by Daniela Bordea and Marian Ciornei, according to public registry data. The company exploits and processes essential industrial metals such as zinc, lead, copper, and iron. Future investments in Romania Richter Haus highlighted that, in collaboration with its Turkish partners — Ceylan Grup, Nakkas Mining, Belin Madencilik, and Merta — it has already launched a major project for the recovery of polymetals from waste deposits in Romania. This includes the construction of two advanced facilities for processing hazardous and non-hazardous metallurgical waste, an investment estimated at €30 million that is expected to generate over 150 new jobs, while also fulfilling environmental commitments under EU regulations.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
