The Ukrainian company Interpipe has officially acquired ArcelorMittal’s large-scale steel pipe plant in the Romanian city of Roman

Ukrainian industrial conglomerate Interpipe, a leading manufacturer of steel pipes and railway wheels, has officially finalized the acquisition of the pipe plant in Roman, Romania, from global leader ArcelorMittal. The deal is part of Interpipe’s strategy to expand its manufacturing presence within the European Union and diversify its assets, BalkanEngineer.com learned from RomaniaInsider.com

The plant in Roman, previously known as ArcelorMittal Tubular Products Roman, specializes in the production of large-diameter seamless steel pipes, used primarily in the energy, construction, and mechanical engineering sectors. With this acquisition, Interpipe increases its production capacity while simultaneously optimizing its logistics chains to markets in Central and Western Europe, thereby circumventing some of the trade restrictions affecting imports from non-EU countries.

Interpipe’s management announced plans for a large-scale investment program to modernize the facilities in Roman. The goal is to improve the energy efficiency of production and expand the product portfolio to meet the EU’s highest environmental standards. The integration of the plant into the new owner’s structure is expected to ensure job stability and open up new opportunities for the export of Romanian industrial products.

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