Intertranscom Impex, a Romanian producer of welded mesh based in Buhuși, was the top bidder at €7.5 million at a public auction for the assets of Dan Steel Group Beclean, which has been in bankruptcy since early 2023.

Per an article in romaina-insider.com, the Dan Steel Group Beclean (Dan Steel) was involved in the production of ferrous metals in primary forms and ferroalloys (nails, galvanized wire, braided wire, welded mesh, panels) sold on both the domestic market as well as in Hungary, Poland, Serbia, Czech Republic, and Slovakia. The business was founded in 1991 and expanded rapidly but faced liquidity problems in 2017. In 2018, measures imposed by the European Commission for imports of some steel industry forced Dan Steel to pay more for raw materials.

Per another online report, Intertranscom Impex plans to resume production soon and turn the company into one of the main employers in the region. Dan Steel had annual capacity of some 100,000 tons of steel products per year. The assets include some 40 hectares of land, buildings with a total usable area of 75,500 sq m and related equipment.