The plan proposes reorganization through business transfer, a legal and operational structure designed to ensure the continuity of the shipyard’s operations, including the transfer of employees and the making of the investments necessary to maintain technical and operational capacities.

According to CITR, the mechanism is intended to preserve the value of the shipyard in Mangalia, maximize the recovery of receivables, and maintain the functionality of an asset considered strategic for the national economy.

Attracting a strategic investor is one of the plan’s priorities, with an international tender to be organized to select an investor to support industrial processes and keep the shipyard’s skilled workforce.

(English version by Loredana Fratila-Cristescu)