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.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
