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2026
Rheinmetall acquires Romania's Mangalia Shipyard for EUR 138 million
Germany's Rheinmetall agreed to acquire Romania's Mangalia Shipyard for EUR 138 million ($154 million), with the court-appointed liquidator confirming the deal to sell the yard after an auction process. Rheinmetall plans to build four ships for the Romanian Navy at the yard and to develop Romania into a major European production hub for shipbuilding.