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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 Shipbuilder Damen To Cut 870 Jobs in Romania
Companies

Dutch Shipbuilder Damen To Cut 870 Jobs in Romania

Dutch shipbuilder Damen is cutting its workforce by 1,050 jobs, mostly in its Galati and Mangalia shipyards in Romania, citing the impact of the coronavirus crisis.

Oana Gavrila · 05.08.2020 · 17:28 · 1 min
Damen Galati Shipyard Expects 56% Higher Revenue in 2019
Companies

Damen Galati Shipyard Expects 56% Higher Revenue in 2019

Damen Galati shipyard, one of the largest in Romania, ended last year with 481 million lei (EUR101 million) revenue and expects a 56% increase to RON751 million in 2019, its officials say.

Loredana Frățilă-Cristescu · 11.03.2019 · 00:00 · 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
Romanian State Reclaims Majority Stake in Mangalia Shipyard, Damen Holds 49%
Companies

Romanian State Reclaims Majority Stake in Mangalia Shipyard, Damen Holds 49%

The Romanian state has reclaimed the majority stake in the shipyard in Mangalia, with 51%, while Dutch Damen Shipyards Group owns 49%, the Romanian Ministry of Economy said Monday.

Oana Gavrila · 23.07.2018 · 13:02 · 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
Romanian Antitrust Body Clears Mangalia Shipyard Takeover by Damen
Companies

Romanian Antitrust Body Clears Mangalia Shipyard Takeover by Damen

Romania's antitrust body on Tuesday announced it has cleared the acquisition of a 51% in the Mangalia shipyard by Dutch BV Holding Maatschappij Damen from South Korean group Daewoo.

Oana Gavrila · 14.11.2017 · 13:39 · 1 min
Dutch Group Damen Buys Mangalia Shipyard From Majority Shareholder Daewoo
Companies

Dutch Group Damen Buys Mangalia Shipyard From Majority Shareholder Daewoo

Dutch Group Damen, which holds the shipyard in Galati, officially announced it will take over the majority stake of Daewoo Mangalia Heavy Industries (DMHI), the largest player on the Romania...

Ecaterina Craciun · 10.11.2017 · 14:13 · 1 min
Damen Galati Shipyard To Make EUR5.6M Investments In 2017, Boost Headcount
Companies

Damen Galati Shipyard To Make EUR5.6M Investments In 2017, Boost Headcount

Damen Galati shipyard, one of the biggest actors in its industry in Romania, has budgeted investment of 25 million lei (EUR5.6 million) this year, as well as a five-fold increase in net prof...

Loredana Frățilă-Cristescu · 01.05.2017 · 00:00 · 1 min