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PRESS RELEASE
The interministerial committee for protecting the interests of the state in S.C. Liberty Galati S.A. and S.C. Liberty Tubular Products Galati - S.A. analyzed the proposals to modify the Reorganization Plan of the steel plant, in a meeting organized today, at the Victoria Palace, with the participation of Prime Minister Ilie Bolojan.
The representatives of ANAF and Exim Banca Romaneasca presented the points of view of the two institutions and mentioned that they will accept the Reorganization Plan of the steel plant to the extent that the concordat administrators will express their agreement to the advanced amendment proposals, in order to preserve the possibility of recovering the receivables and protect the interest of the Romanian state. The deadline for negotiations on this topic is January 26, 2026 and, if necessary, the deadline can be extended by 30 days.
The approval of the approved version of the Reorganization Plan will make possible the next stage, namely the organization of the international auction procedure for the sale of the assets of the steel plant, under the conditions and at the price agreed by the Restructuring Plan, in an estimated period of six months.
The committee analyzed the possibilities of operationalizing some resources of the complex in order to make possible the partial payment of salaries and utilities strictly necessary to maintain its functionality and ensure security.
The meeting of the Interministerial Committee was attended by Deputy Prime Minister Marian Neacsu, coordinator of the committee, Deputy Prime Minister Tanczos Barna, Minister of Finance, Alexandru Nazare, Secretary General of the Government, Stefan-Radu Oprea, representatives of ANAF, Exim Banca Romaneasca and the ministries and institutions that are part of this committee.
Additional information:
Considering the financial difficulties faced by S.C. companies. Liberty Galati - S.A. and S.C. Liberty Tubular Products Galati - S.A., on September 18, 2025, the Prime Ministers Decision no. 453 regarding the establishment, organization and powers of the Interministerial Committee for the protection of state interests within the two companies.
