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Damen Shipyards is accused by the Romanian state of orchestrating the bankruptcy of the Mangalia shipyard through fictitious transactions and abuse of position, affecting 1,000 workers.

Alma Stefureac
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16 July 2025, 07:27
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Current Affairs
Inquam Photos / Daniel Stoenciu
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An investigation by Follow the Money reveals serious allegations that Damen Shipyards orchestrated the bankruptcy of the Mangalia shipyard through fictitious transactions and abuse of position. The company illegally transferred €55 million of the shipyard's assets and about 1,000 employees were laid off. Damen has influenced the insolvency proceedings and sued the Romanian state for €470m, while facing a criminal investigation in the Netherlands for corruption and other serious offenses.

Sources

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Cotidianul
Damen, acuzată că a prăbușit șantierul Mangalia
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Hot News
ULTIMA ORĂ România îi acuză pe olandezii de la Damen că i-au falimentat Șantierul Naval prin „operațiuni ilegale, orchestrate”. Reacția companiei
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Ziare.com
Acuzații la șantierul naval Mangalia. Compania olandeză Damen l-ar fi falimentat prin "operațiuni ilegale, orchestrate"
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Profit.ro
ULTIMA ORĂ România îi acuză pe olandezii de la Damen că i-au falimentat Șantierul Naval prin „operațiuni ilegale, orchestrate”. Reacția companiei

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NEWS ON THE SAME TOPICS

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Current Affairs
Damen Holding challenges the procedure for selling the Mangalia shipyard / Unionists warn of further delays
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The fourth auction for Damen Mangalia Shipyard has failed / The next auction will start with a reserve price reduced to 75%
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CITR announces a new procedure for the sale of the Mangalia Shipyard
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CITR will relaunch the tender for Mangalia Shipyard at 184 million euros, with a decreasing price if no bidders come forward
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German authorities conducted searches in a case concerning the alleged illegal employment of Romanian workers in shipbuilding
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Rheinmetall's response after missing the auction for the Mangalia Shipyard
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Netherlands Mangalia Damen shipyard

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