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

05.30.2024

Dutch group Damen Shipyards, which owns 49% in Damen Shipyards Mangalia SA, has requested the bankruptcy of the shipyard amid accumulated debts, with the petition filed at the Constanta Tribunal. 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

09.17.2021

OMV Petrom, the largest energy company in South-Eastern Europe, made the first delivery of liquefied natural gas (LNG) to Damen Shipyards Mangalia, the largest shipyard in South-Eastern Europe. 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

02.18.2021

Romanian state-owned lender CEC Bank has granted a RON60 million loan to Damen Shipyards Mangalia, one of the largest shipbuilders in Europe, operated by Dutch Damen Shipyards Group, to fund current 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

01.11.2018

Romanian Prime Minister Mihai Tudose said Romania wants to exercise its preemption right to a 51% stake held by South Korean group Daewoo in the Mangalia shipyard. 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

06.19.2014

Discount retailer Profi opened Thursday the first supermarket in Mangalia town, reaching a 228-store network in Romania. more

01.22.2014

Turkish cement and clinker manufacturer Unye Cimento Sanayi ve Ticaret will open a new trade and distribution unit in Romania’s southeastern port town of Mangalia, the company said in a statement. more

05.19.2011

Southeastern Romanian shipyard Daewoo Mangalia Heavy Industries, or DMHI, will build four container carriers for Israeli group Ofer Global Holdings, under a $400 million contract, the ship owner more