The two commercial contracts, with intra-Community delivery, were concluded on January 19, 2022, and the buyer is the company Rensen-Driessen Shipbuilding B.V. (Netherlands).
The two vessels are due to be delivered in December 2022 and February 2023, respectively, the company said in its announcement.
Terms and conditions of payment: an advance payment, based on a letter of guarantee refund of the advance payment and the remaining payment: based on documentary letter of credit, payable after arrival at the place of delivery.
Orsova Shipyard, with a market value of RON63.3 million, is 49.99% owned by SIF3 Transilvania, 28.01% by SIF5 Oltenia and 13.17% by SIF4 Muntenia.
SNO shares have been trading down 1.75% since the beginning of 2022, amid deals worth RON140,486, per stock market data.