The French authorities' recent raid on the Paris offices of GFG Alliance and the GFG-owned Dunkirk aluminum smelter has no impact whatsoever on the activity of the Galati-based Liberty steel mill, a GFG spokesperson said.
"The action of the French authorities has no impact whatsoever on the activity of Liberty Galati, which recently reported very good production results, having anticipated and successfully settled potential supply problems caused by the situation in Ukraine and which is now focusing on further increasing its production in order to meet the growing demand for steel," the cited source said.
AFP reports on Tuesday that the Paris headquarters of GFG Alliance, a 35,000-employee collection of energy, steel and trading businesses controlled by metals tycoon Sanjeev Gupta, as well as the aluminum smelter in Dunkirk, were searched last week as part of an ongoing investigation into a state-guaranteed loan taken out by one of the French facilities owned by GFG.
The former Sidex Galati steel plant, now Liberty Galati, has been part of GFG Alliance since 2019. AGERPRES
Liberty Galati unaffected by French authorities' probe into GFG Alliance (spokesperson)
Sursă foto: stiripesurse.ro
Distribuie articolul
Distribuie articolul
Explorează subiectul
Articole Similare
17
Second evening of protests/Several hundred people in Victoriei Square in Bucharest
17
8
BVB closes higher Thursday's trading session
8
11
President Dan invites magistrates who want to raise problems to discussion without time limit on December 22
11
11
Reconstruction of Ukraine is continental project whose success to influence Europe's economic, security landscape (FinMin Nazare)
11
57
Hundreds of prosecutors and judges send solidarity message for magistrates who made disclosures to Recorder
57
12
EP VP Negrescu proposes tax on profits of online casinos, with funds to be directed to education
12
18
Elie Wiesel Institute: Antisemitism - a reality; Ion Antonescu - saviour; parties with antisemitic messages
18
16
Romanian Cultural Institute launched the 'Culture Does Good' Fund
16
13
Finance minister to participate in ECOFIN meeting on Friday
13
12
Ministry of Education wants to supplement social scholarship fund for students in 2026 with 60 million euros
12
15
Cluj's Mayor Boc: Democracy is and must remain conversation between people, not between bots
15
10
Government approvs signing of Convention establishing International Commission on Compensation Claims for Ukraine
10
8
Ministry of Finance borrows 500 million RON from banks on Thursday
8
Comentează