Dan Steel Group Beclean wire factory, one of the most important companies in the metallurgical industry in Romania, is to be put up for auction with a starting price of EUR 25.9 mln plus VAT, insolvency firm CITR announced, quoted by Adevarul.
The factory went bankrupt at the beginning of the year, the CITR Cluj Branch informed together with Prime Insolv Practice, as judicial liquidators, specifying that the auction will be organized on April 28, 2023.
The company’s products were intended mainly for the construction and agriculture sectors, as well as for consumer products.
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