Tag: Romania (1278 articles)

Economy   |   6 April, 2026 at 1:11 PM

Mangalia shipyard enters bankruptcy

CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.

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Rheinmetall eyes takeover of bankrupt Mangalia shipyard
Industry

Rheinmetall eyes takeover of bankrupt Mangalia shipyard

German defence group Rheinmetall is considering acquiring the bankrupt shipyard in Mangalia, in partnership with Swiss shipping company MSC. The potential takeover could transform the facility into a dual-use hub for military and civilian shipbuilding.