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Santierul Naval Orsova Net Profit Rises 71.9% To RON5.94M In 2024
Capital Market

Santierul Naval Orsova Net Profit Rises 71.9% To RON5.94M In 2024

Santierul Naval Orsova (SNO.RO) shipyard ended 2024 with ROIN5.94 million net profit, an increase of 71.9% on 2023, while revenue stood at RON99.8%, 0.3% higher.

Loredana Frățilă-Cristescu · 26.02.2025 · 23:33 · 1 min
CITR: We’ve Identified Non-Essential Assets Of Damen Shipyard Mangalia, Got Two Ship Repair Contracts
Companies

CITR: We’ve Identified Non-Essential Assets Of Damen Shipyard Mangalia, Got Two Ship Repair Contracts

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...

Loredana Frățilă-Cristescu · 18.09.2024 · 17:13 · 1 min
Santierul Naval Orsova Signs EUR4.1M Contract To Build Two Ships
Capital Market

Santierul Naval Orsova Signs EUR4.1M Contract To Build Two Ships

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...

Loredana Frățilă-Cristescu · 23.04.2024 · 21:04 · 1 min
Vard Tulcea Shipyard Ends 2022 With RON1.2B Revenue
Companies

Vard Tulcea Shipyard Ends 2022 With RON1.2B Revenue

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...

Loredana Frățilă-Cristescu · 16.05.2023 · 22:36 · 1 min
Dutch Executive Chris Groninger Steps Down from Helm of Damen Mangalia Shipyard
HR

Dutch Executive Chris Groninger Steps Down from Helm of Damen Mangalia Shipyard

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 re...

Loredana Frățilă-Cristescu · 16.09.2021 · 08:00 · 1 min
Damen Galati Shipyard Posts 70% Higher Revenue in 2020
Companies

Damen Galati Shipyard Posts 70% Higher Revenue in 2020

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

Loredana Frățilă-Cristescu · 05.08.2021 · 09:00 · 1 min
Damen Shipyards Mangalia Revenue Rises 16% to RON131M in 2019
Companies

Damen Shipyards Mangalia Revenue Rises 16% to RON131M in 2019

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 R...

Loredana Frățilă-Cristescu · 16.10.2020 · 10:50 · 1 min
Dutch-Held Damen Plans to Double Headcount at Mangalia Shipyard
Companies

Dutch-Held Damen Plans to Double Headcount at Mangalia Shipyard

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...

Loredana Frățilă-Cristescu · 13.12.2018 · 08:00 · 1 min
Romania To Take Over Majority Stake in Mangalia Shipyard
Companies

Romania To Take Over Majority Stake in Mangalia Shipyard

The Romanian state will become the majority shareholder in the shipyard in Mangalia, with 51%, while Dutch Damen Shipyards Group will own 49%, the Romanian Ministry of Economy said Thursday.

Oana Gavrila · 22.03.2018 · 13:26 · 1 min