Romania seemingly discussing a deal with an investor regarding the Mangalia Shipyard
Let's chop it up:
Looks like Romania's economy ministry is deep in talks with some baller investor, aiming to take charge of the Mangalia Shipyard to keep the economic engines humming and ensure the shipbuilders get their hard-earned cash, says minister Bogdan Ivan in a Senate gabfest, according to Ziarul Financiar.
Wanna know who this mystery tycoon is? It's Desan Shipyard, homie. These cats have been kickin' it with the Romanian government since April 2025, tryin' to hammer out the deets for Damen Mangalia, a shipyard that used to be managed by Damen Shipyards in collab with the Romanian state [2][3].
A bit of history: Damen Shipyards Group took the Mangalia shipyard under its wing in 2018, with the Romanian state holdin' onto 51% of the shares and Damen claims to 49%. But then Damen went ghost on the project in August 2023 due to some cockamamie political and administrative hangovers [1].
Now, the Romanian government's got Desan Shipyard on speed dial, hopin' to set up a new partnership or revamp the ownership structure for the Mangalia Shipyard. The nitty-gritty of these negotiations, like the takeover terms or the timeline, ain't been leaked yet. Stay tuned, folks!
- Minister Bogdan Ivan mentioned in a Senate discussion that the Romania economy ministry is negotiating with Desan Shipyard, a company they have been dealing with since April 2025, to take over the Mangalia Shipyard.
- The Mangalia Shipyard was previously managed by Damen Shipyards in collaboration with the Romanian state, but Damen left the project in August 2023 due to certain political and administrative issues.
- Desan Shipyard is now in talks with the Romanian government to either establish a new partnership or restructure the ownership of the Mangalia Shipyard.
- The specifics of the negotiations, such as the takeover terms and timeline, have not been disclosed yet.
