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

04.23.2024

Santierul Naval Orsova (Orsova Shipyard – SNO.RO) on Tuesday notified capital market investors about having signed an external contract to build and deliver two river vessels, whose buyer is more

03.05.2024

Shipyard Damen Galati, held by Dutch Damen Group, ended 2023 with a turnover of EUR115.8 million, more than double on the year, returning in fact to the level recorded in 2021, according to company more

02.27.2024

Shipbuilder Santierul Naval Orsova has sealed a new commercial contract, worth EUR3 million, for the construction and delivery of a river vessel for Netherland’s Rensen-Driessen Shipbuilding. more

11.07.2023

Shipbuilder Santierul Naval Orsova has sealed a EUR2.4 million contract for the construction of a river vessel for Netherland’s Rensen-Driessen Shipbuilding. 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

05.16.2023

Vard Tulcea shipyard, one of the largest shipbuilders in Romania and the biggest employer in Tulcea County, ended last year with RON1.2 billion revenue, flat on 2021 and made profit instead of losses, more

12.08.2022

Romanian shipyard Santierul Naval Orsova has informed its shareholders it sealed a EUR1.55 million contract with Romanian company Black Sea Offshore Centre of Constanta for the delivery of a river more

10.21.2022

The Board of Directors of Romanian shipyard Santierul Naval Orsova (SNO.RO) included on the agenda of the General Ordinary Meeting of Shareholders due on Nov 24 the distribution of dividends in the more

08.11.2022

Romanian shipyard Santierul Naval Orsova (SNO.RO) ended the first half of 2022 with a net loss of RON2.5 million, higher than the RON335,300 loss in the same period in 2021, and a turnover of RON24 more

02.16.2022

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Wednesday in a stock market report that it had concluded two external contracts worth EUR6.3 million for the construction of two river vessels to more

01.20.2022

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Thursday in a stock market announcement that it had concluded two external contracts worth EUR4.06 million for the construction of two river more

12.15.2021

French shipbuilding group Piriou said it bought the ATG Giurgiu shipyard in southern Romania from local investors Teodor Apostol and Adrian Patriche who have controlled the Romanian company from 2002 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

08.05.2021

Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show. more

06.10.2021

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Thursday in a stock market announcement that it had concluded two external contracts worth EUR5.2 million for the construction of two river more

12.11.2020

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Friday in a stock market announcement that it had concluded two external contracts worth a total EUR3.3 million for the construction of inland 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

03.04.2020

Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs), summoned its shareholders for April 10 to approve the distribution of RON2.74 million as dividends more

02.21.2020

Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs) on Friday reported a net profit of RON3.2 million for 2019, up 12.4% on the year. more

02.20.2019

Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs), on Wednesday said its net profit grew 4.8% on the year in 2018, to RON2.8 million. 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

11.12.2018

Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs), on Monday said its profit rose 17% to RON1.2 million and its operating revenue fell 8.5% to RON33 more

09.03.2018

Romanian ship repair and building company Constanta shipyard (SNC.RO) on Monday said it registered a loss of RON5.3 million in the first half of 2018, compared with a profit of RON4.6 million in the 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