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Romania’s Mangalia shipyard courts strategic investors

Summary by Splash247
Romania’s Damen Shipyards Mangalia has formally entered the decisive stage of its insolvency restructuring after judicial administrator Casa de Insolvență Transilvania (CITR) submitted a reorganisation plan to the syndic judge. The Romanian yard, under insolvency since June 2024, aims to resume full activity through a business transfer to a strategic investor while preserving jobs and …
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Splash247 broke the news in on Friday, March 6, 2026.
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