“This analysis is based on the current performance of the order portfolio and the dynamics of ongoing projects, which, at this moment, do not ensure a constant volume of activity for all available production capacities,” company officials said.
To manage this surplus, the company will resort to furloughing employees between February 2026 and December 31, 2026, with the possibility of adjustment depending on the developments of the operational situation, they added.
The projects currently underway in Galati are proceeding according to plan and are not affected by these measures, the officials said.
Production of frigates for the Netherlands and Belgium was supposed to start this year but has been postponed at the request of customers. Furthermore, the unpredictability of the European SAFE procurement program makes the situation rof potential orders uncertain.
This is a temporary measure, adopted in the context of a period of adjustment, and does not, for the moment, reflect a structural change in the company’s presence in Romania.
Damen Galati Shipyard posted RON1 billion revenue in 2024.
(English version by Loredana Fratila-Cristescu)