The object of the contract is the building and delivery of a river ship, and the date of delivery was set for November 30, 2023. The terms and conditions of the payment: advance on the value of the contract, based on a letter of bank guarantee for the refund of the advance, and the remaining payment after the ship arrives at the place of delivery.

Santierul Naval Orsova shares have lost 11.6% in the past twelve months on a traded volume of RON750,000. With a capitalization of RON55.5 million, the shipbuilder is held by Transilvania Investments Alliance (TRANSI.RO) – 50%, SIF Oltenia (SIF5.RO) – 28% and SIF Muntenia (SIF4.RO) – 13%.

(English version by Loredana Fratila-Cristescu)