Romanian special administrators Euro Insol and CITR said on Friday that the second auction for the local Liberty Galati steel mill and the Liberty Tubular Products Galati pipeline manufacturing plant, ended without a sale after no bids were submitted.
Moldova's industrial producer prices edged down by 0.1% year-on-year in May, compared to an annual rise of 1.1% in April, the country's statistical office said on Thursday.
Serbia Zijin Copper said it is reviewing allegations that it is using forced labour in the manufacture of copper and copper products after the U.S. Customs and Border Protection (CBP) agency prohibited their imports.
The U.S. Customs and Border Protection (CBP) said it has decided to detain shipments at all ports of entry of copper and copper products made by Serbia Zijin Copper due to the alleged use of forced labour in their production.
German private equity investor Mutares said it has agreed to sell Walor Precision Turning, a subsidiary of Walor Group that includes a production plant in Romania, to French investment firm Reed Capital, subject to customary closing conditions.