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2026
Rheinmetall acquires Damen Mangalia shipyard at auction for EUR 138 million
German defence group Rheinmetall, via its unit Rheinmetall Real Estate România SRL, was awarded the Damen Mangalia shipyard in Romania at a public auction held on October 9, 2026, for EUR 138.03 million excluding VAT. The sale, conducted by judicial liquidator CITR as part of the Damen Shipyards Mangalia liquidation, transferred the shipyard as a functional asset including three dry docks, quays, assembly halls, workshops, equipment, machinery and inventories.