Liberty Galați creditors approve restructuring, sale via direct negotiation

Creditors of Liberty Galați and Liberty Tubular Products approved a restructuring plan involving the sale of the steel complex and tubular section through direct negotiation. The plan now goes to the judge-syndic for approval, after which a sale process will launch to attract an investor to restart production. This marks a step toward resolving the plant's insolvency, with implications for Romanian steel supply and local employment.

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