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Romania

Mangalia Shipyard Enters Bankruptcy

Mangalia Shipyard is entering bankruptcy proceedings after creditors rejected its reorganization plan, prompting a court process that will lead to liquidation steps.

Romania Weighs State Control of Damen Mangalia

Bursa.ro reported that Romania is preparing a potential full takeover of Damen Mangalia and could shift the shipyard toward military production under the EU’s SAFE mechanism, with Rheinmetall seen as a possible future participant.

Romania Destroys Adrift Sea Baby Drone In Black Sea

Romania’s defence ministry says naval divers carried out a controlled blast to destroy a Sea Baby-type unmanned surface drone found adrift near a key Black Sea shipping lane, citing a threat to vessels.

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