Liberty Galati, Romania’s largest steel facility and part of the global GFG Alliance, is facing the threat of bankruptcy due to a pending vote by Romania’s fiscal authority. Without this key approval, the plant’s proposed rescue plan cannot proceed. The situation has sparked concerns about job losses for over 5,000 workers and broader economic disruption. Industry observers warn that further delays could lead to severe consequences, urging the Romanian government to act swiftly to safeguard this strategic industrial asset.