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28 May

Romania plans to restart Otelu Rosu steel plant

Romania wants to resume production at the Otelu Rosu steel plant, which has been idle since 2013, says Romanian Prime Minister Marcel Ciolacu. “Romanian construction company UMB plans to invest more than €300 million [$326.5m] in restarting the enterprise,” the president confirms in a social media post. “The investment will ensure the production of metal structures needed for infrastructure projects in Romania. The commissioning of the…
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