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UMB Steel, part of Romanian builder UMB, acquired steelmaker ArcelorMittal Hunedoara for EUR 12.5 million. The deal includes all tangible assets, land, and buildings at the Hunedoara site, but not employees, as production had already stopped.
“UMB Steel, part of the group known for constructing highways and roads UMB, acquired ArcelorMittal Hunedoara for a total price of EUR 12.5 million.”romania-insider.com
Summarized from public sources; check the original articles before acting on it.