UMB Steel to acquire ArcelorMittal Hunedoara for EUR 12.5 million

ArcelorMittal Hunedoara signed transaction documents to sell its assets to UMB Steel, controlled by Romanian entrepreneur Dorinel Umbrărescu, for EUR 12.5 million. The deal is subject to regulatory approvals and is expected to restart the shut-down steel plant.

“We inform you that the Company has completed negotiations with UMB Steel, and the transaction documents regarding the sale of the Company's assets for a total price of EUR 12.5 million (+ applicable VAT) were signed by the parties on February 17, 2026.”romania-insider.com

• 1 source
• romania-insider.comRomanian entrepreneur Dorinel Umbrărescu close to taking over ArcelorMittal Hunedoara | Romania InsiderIulian ErnstFeb 23, 2026

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