today, 11:48

German group Rheinmetall on Monday paid in full, via Rheinmetall Real Estate Romania SRL, the EUR138 million sum, VAT not included, for the acquisition of Mangalia Shipyard, announced CITR, the more

10.20.2026

Germany’s Rheinmetall Group, which won the tender to acquire the Mangalia shipyard alongside MSC, announced in its first statements following the tender that it is preparing to transform the more

10.09.2026

Bankrupt Mangalia Shipyard was sold to defense giant Rheinmetall for EUR138 million, excluding VAT, on Friday. more

09.07.2026

Damen Mangalia shipyard will be subject to an accelerated sale, according to the Code of Civil Procedure, as decided on Monday. The sale price will gradually go down if no buyer is found at the next more

07.30.2026

German defense industry giant Rheinmetall, which was awarded a EUR920 million contract to build four military ships at the Mangalia shipyard, is in advanced talks to acquire Damen Shipyards. more

05.14.2026

La Porta Industries, an Italian company headquartered in Sicily, a leader in the field of metallic carpentry, backed by investment fund WRM Group (Luxembourg), has voiced its intention to acquire the more

05.06.2026

All 1,011 employees at the Damen Mangalia shipyard will be laid off in two phases, on June 25 and July 16, following the company’s bankruptcy filing. more

05.05.2026

Rheinmetall and MSC Mediterranean Shipping Company are exploring the acquisition of the Mangalia shipyard following its bankruptcy. more

03.25.2026

The decision about the reorganization plan for Damen Shipyards Mangalia has been postponed for at least one week and a new date for the creditors’ meeting is to be announced. more

03.04.2026

CITR, the court-appointed trustee of Damen Shipyards Mangalia, has submitted the company's reorganization plan to the case file, a document that marks the start of the decisive stage of the more

09.18.2024

CITR, the court-appointed trustee of Damen Shipyards Mangalia, has had repair contracts signed for two ships and identified the assets that are non-essential for the shipyard’s operation in view of more

08.04.2023

Dutch group Damen Shipyards, which in mid-2018 entered the shareholding structure of Damen Mangalia shipyard, is calling for the termination of the legal contract related to the functioning of the more

09.16.2021

Dutch executive Chris Groninger has stepped down as managing director of the Damen Mangalia shipyard citing personal reasons. He had been in charge of the shipyard since July 2018 and his replacement more

10.16.2020

Damen Shipyards Mangalia held by Netherland’s Damen group, ended last year with more than 131 million lei (EUR26.8 million) revenue, an increase of 16% on the previous year, when it posted RON112.6 more

12.13.2018

Mangalia shipyard, the largest shipbuilder in Romania, acquired by Netherlands’ Damen in mid this year and rebranded Damen Shipyards Mangalia, has reached 1,800 employees after having hired 150. more

07.23.2018

The Romanian state has reclaimed the majority stake in the shipyard in Mangalia, with 51%, while Dutch Damen Shipyards Group owns 49%, the Romanian Ministry of Economy said Monday. more

11.14.2017

Romania's antitrust body on Tuesday announced it has cleared the acquisition of a 51% in the Mangalia shipyard by Dutch BV Holding Maatschappij Damen from South Korean group Daewoo. more

11.10.2017

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07.04.2017

Korean Daewoo Shipbuilding & Marine Engineering will sell off its subsidiary Mangalia Shipyard in Romania to a Dutch shipbuilder, The Korea Economic Daily reported. more

07.27.2015

Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, may be closed down on record high losses worth $2.5 billion posted by its majority stockholder, Korean group Daewoo more

06.09.2015

Daewoo Mangalia Heavy Industries, or DMHI, the largest ship builder in Romania, posted a record high loss of 700 million lei (EUR157.6 million) in 2014, seven-fold higher from a year before, according more