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October 28, 2021
BUSINESS

Affordable natural gas for ArcelorMittal Galati conditional upon preserving jobs

ArcelorMittal Galati shall benefit from the provisions of an ordinance adopted this Wednesday by the Government, which provides for the supply of natural gas, to several companies, from the domestic production, at a price lower than the imported ones, conditional upon preserving jobs, as PM Emil Boc said while at Galati, quoted by Mediafax. Boc said the Executive will continue to seek solutions to support the domestic industry, implicitly metallurgy and the metallurgy plant based in Galati.

The Government approved last week and emergency ordinance according to which the chemical plants and the producers of electric and heating energy shall receive, over May 1-September 30, natural gas from the internal production only, cheaper than the imported ones, in order to cope with the economic crisis and to avoid the layoff of 9,000 employees.

ArcelorMittal will establish a new coordination structure for South–East Europe, based at Galati, chaired by the group vice-president Thierry Le Gall, and the current general manager of ArcelorMittal Galati, Augustine Kochuparampil, shall run companies owned by the group in the Czech Republic. ArcelorMittal Galati becomes the center for the Division of Flat Products South Eastern Europe (Flat Carbon South Eastern Europe), according to a company press release. Flat Carbon South Eastern Europe will incorporate the activity of two other units, ArcelorMittal Skopje (Macedonia), producer of flat laminates, and the commercial representative office in Turkey.

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