Prime Minister hailed on Friday the takeover by the Liberty House Group of the Steel Mill of Galati and voiced the Government’s openness and support for expanding its investments in Romania. According to a release of the Executive, the Prime Minister and Deputy Prime Minister Viorel Stefan met on Friday, at the Government headquarters, with a delegation of the Liberty House Group, headed by Executive Chairman Sanjeev Gupta, as well as representatives of the ArcelorMittal Galati. The PM pointed out the investment opportunities, especially in respect to the public-private partnership, as well as the measures that the Government took in view of ensuring a favorable climate to the business milieu, the quoted source mentions. “Your investment is very important for us because its success also represents a success for our country. I hope that, in the next period, you strengthen you investment in our country and focus on research and innovation. Romania is a country with economic growth of 7 percent and this year we adopted several business-friendly normative acts,” Viorica Dancila stated. In his turn, Sanjeev Gupta laid out the investment projects of the Liberty House Group at the Steel Mill of Galati, both in view of increasing steel production and in view of the human resources, taking into account the specificity of the city. The Executive Chairman of the Liberty House Group stated that the steel mill has a large infrastructure and with a good investment strategy, it can become a successful business in the region. He expressed the company’s wish to increase the steel production to two million tones per year and the intention to invest 300 million euro in view of restarting another furnace. He also mentioned the desire to invest in education, sports and arts. He highlighted the necessity to improve transport infrastructure, especially in the Danube ports area, as well as the railway system. The two parties agreed to collaborate in view of attracting European funds, especially on innovative segments or in reducing greenhouse gas emissions, the press release said. The Liberty House Group is a metallurgical company founded in the UK in 1992, having its headquarters in London, with subsidiaries in Dubai, Singapore and Hong Kong. The group has approximately 19,000 employees worldwide and trade relations with 35 countries.
The post PM Dancila meets representatives of Liberty House Group, voices Gov’t’s openness for Group to expand investments in Romania appeared first on Nine O' Clock.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
