www.mediafax.ro/economic/rheinmetall-a-achitat-int

Rheinmetall has fully paid 138 million euros for the Mangalia Shipyard, with the sale contract signed. The transfer of ownership awaits legal approvals. This marks the largest transaction in Romania for a company in insolvency. The effective transfer will occur after all legal conditions are met. Rheinmetall and MSC aim to develop dual-use production capabilities at the shipyard, focusing on both civilian and military shipbuilding. The shipyard will play a crucial role in constructing military vessels for the Romanian government and will serve as a hub for other naval projects. The transaction requires mandatory approvals from the CEID and the Competition Council.