More than 1,000 of the 1,500 employees of the Mangalia Naval Shipyard have entered technical unemployment by the end of this year, Rador Press Agency announces, quoting Radio Constanta. The “Navalistul” Free Trade Union and the management of the construction site have agreed to extend the Collective Labor Agreement until March next year and to resume collective bargaining in January. The first contracts could also appear from next year, says union leader Laurentiu Gobeaj?. “Starting next year at the earliest, there is a good chance that major projects will be signed that will ensure a working fund for several years, but until then only a small number of employees will continue their activity, and a significant number will be, for a long period, in technical unemployment”, says Laurentiu Gobeaja. The salaries for the month of June of the employees at the Damen Mangalia Shipyard are budgeted, and technical unemployment for them is ensured for at least 4 months. The Directorate of the Construction Site announced, at the end of May, that the entry into technical unemployment is inevitable. “In March we informed you that we were facing a difficult period and that we would need to adopt cost-cutting measures to overcome it (…) Today, we are in a critical situation. The construction site is empty and major projects are delayed. Although we have made significant progress in negotiating some major potential projects, these, even if successfully concluded, will not begin until 2025 (…) We have reached a point where a further postponement of the introduction of the technical unemployment measure is no longer possible. This is a difficult decision, but necessary to give our site the best chance of overcoming this critical period and being able to resume our activity in the future. The measure of technical unemployment will be implemented starting on June 3, 2024″, explained the management of the construction site last month. Meanwhile, Damen Holland requested the judges at the Constanta Court to declare bankruptcy of the Mangalia Shipyard, in which it owns 49% of the shares. The reason would be the existence of unpaid debts, which would amount to approximately 160 million euros.
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
