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Damen Mangalia Shipyard To Be Subject To Accelerated Sale
Damen Mangalia shipyard will be subject to an accelerated sale, according to the Code of Civil Procedure, as decided on Monday. The sale price will gradually go down if no buyer is found at the next auction, set for the end of September.
CITR Files Plan To Save Damen Shipyards Mangalia
CITR, the court-appointed trustee of Damen Shipyards Mangalia, has submitted the company's reorganization plan to the case file, a document that marks the start of the decisive stage of the...
Damen Galati Shipyard Furloughs Over 500 People
The Damen Galati Shipyard, which makes ferries, private yachts, and military vessels, has taken a series of steps to temporarily adjust its operations, which include furloughing more than 50...
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...
Dutch Group Damen Files Bankruptcy Petition for Damen Shipyard Mangalia
Dutch group Damen Shipyards, which owns 49% in Damen Shipyards Mangalia SA, has requested the bankruptcy of the shipyard amid accumulated debts, with the petition filed at the Constanta Trib...
Dutch Group Damen Calls for Termination of Contract with Romanian State for Mangalia Shipyard
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...
Damen Galati Shipyard To Build 4 Frigates For Belgium And Netherlands
Damen Galati shipyard, one of the biggest players in the local shipbuilding industry, will design and build four new frigates for Belgium and the Netherlands after winning a new contract. It...
Damen Branches Out into Building Offshore Platform Equipment
Dutch-held group Damen Shipyards, which bought into Damen Mangalia shipyard in mid-2018, is repositioning its business strategy to capitalize on its resources and experience in shipbuilding,...
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...