Rheinmetall Requested the State's First Opinion for the Takeover of Mangalia Shipyard. The Notification Reached the Commission for the Examination of Direct Investments

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The transaction will be completed after buyers obtain binding notices from competition and foreign investment managers. Rheinmetall requested the first state notice to take over the Mangalia Shipyard. The notification reached the Commission for the examination of direct investments appears first on Romania TV.

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In reality, Rheinmetall has charged for 138 million euros the industrial assets of Damen Shipyards Mangalia SA, bankrupt, not the shares of the company or the main land of the yard, which remains in the property of the state. The money obtained from the sale will be distributed to creditors, including the Romanian state.

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The German giant in the Rheinmetall defence industry officially forwarded the notification on the takeover of the Mangalia Naval Shipyard to the Commission for the examination of direct investments (CEISD). The project represents an important step in the process of acquiring the assets of the Mangalia Naval Shipyard, awarded in the framework of the tender organised by the judicial liquidator. The transaction, valued at 138 million euros, must re…