Damen acquires Daewoo's shares in Daewoo Mangalia Heavy Industries
Damen Shipyards Group has entered into a share purchase agreement with Daewoo Shipbuilding & Marine Engineering for the acquisition of its majority share in Daewoo Mangalia Heavy Industries. 2017-11-13 16:47:17
The Daewoo shipyard in Mangalia, Romania was established in 1997 as a joint venture between Daewoo and 2 Mai Mangalia Shipyard with Daewoo as majority shareholder.
With the acquisition of the majority share in the shipyard in Mangalia, Damen takes the next step in strengthening its international shipbuilding and ship repair activities. The Mangalia shipyard is located on the Black Sea coast. The yard is spread over an area of 980,000 sqm, has three drydocks with a total length of 982 metres and 1.6 kilometres of berthing space.
Damen already owns a shipyard in Romania, in Galati on the banks of the River Danube, currently the group's largest shipyard. The Romanian competition authorities have already approved the envisaged transaction.
|
|
|
 | |
|
|
| Daily Info |
|
Smart city is not a fad, it's a necessity In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo... |
|
Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers" "We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u... |
|
Telekom Romania, a strong supporter of Smart City development in Romania Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society... |
|
In the industrial era, the fight was for finite material resources. Not anymore Now organizations fight and develop themselves for and around their talent.
In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e... |
|
Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania" Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p... |
|
|
|
|
|
|
|
| |
|
|
advertising
advertising
advertising
|
| More on News |
| President Iohannis urges Romanians to be more united, stay involved in modernizing Romania  Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.
|
| OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg  OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP B...
|
| Fondul Proprietatea expresses disappointment over Engie listing rejection  Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, accordi...
|
| Europe must become a producer of new technologies, not just a consumer of technologies, says EC  Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General ...
|
| FDI in Romania rises 10 per cent after ten months in 2018  Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romani...
|
| Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council  Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministr...
|
| Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte  Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a...
|
|
