www.mediafax.ro/english/rheinmetall-paid-138-milli

Rheinmetall has completed the payment for the Mangalia Shipyard, with ownership transfer pending legal approvals. This marks Romania's largest transaction involving an insolvent company. The acquisition aims to enhance shipbuilding capabilities for both civilian and military purposes. The shipyard will support the construction of military vessels for the Romanian government and other naval projects. Necessary approvals from regulatory bodies are still required for final ownership transfer.