Romania’s Mangalia shipyard sold to Rheinmetall for EUR 138 mln

Romania Insider ·
Romania

Damen Shipyards Mangalia has been sold to Rheinmetall Real Estate Romania for EUR 138.03 million, excluding VAT, judicial liquidator CITR announced on Friday, October 9. The company won the auction conducted as part of the shipyard’s insolvency proceedings. CITR said the transaction could allow operations to resume at the shipyard, which it described as one of Romania’s most important industrial…

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