Monday, February 23, 2026

Romania’s Competition Council reviews ArcelorMittal Hunedoara sale to UMB Steel

Share

€12.5 million deal includes assets and environmental liabilities

Romania’s Consiliul Concurenței is reviewing the sale of ArcelorMittal Hunedoara to UMB Steel, assessing its compliance with competition law.

According to filings with the Bursa de Valori București, UMB Steel will acquire all tangible assets, including the electric arc furnace, rolling mill, ladle furnace, vacuum degassing unit, industrial cranes, locomotives and scrap-processing equipment, along with land, buildings and slag facilities.

Read also: Record investment: one of Bucharest’s “Henri Coandă” Airport runways set for full modernization

The deal excludes IT infrastructure and software systems. UMB Steel will also assume environmental liabilities and existing integrated environmental permits.

Production at ArcelorMittal Hunedoara stopped in September 2025. The transaction value stands at €12.5 million plus VAT, with completion expected by June 1, 2026.

Photo: Ziarul Bursa

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
spot_img
spot_img

Read more