Although revenue went up quite a lot last year, the shipyard’s net profit halved to merely RON22 million compared with 2019.

Damen Galati, held by Netherland’s Damen group, had about 2,190 employees at the end of last year, 300 fewer than in 2019.

The shipyard can build any kind of ship from yachts to military and patrol vessels, ferryboats, barges and platform supply vessels.

(English version by Loredana Fratila-Cristescu)