Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Over 1,000 employees at Mangalia Shipyard enter furlough...

Over 1,000 employees at Mangalia Shipyard enter furlough as Damen files for bankruptcy

July 3, 2024

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.

Read in full - click here
BCR Romania Manufacturing PMI®: Romanian manufacturing sector falls deeper into contraction territory in March

Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]

Endava: AI set to drive 44% growth in digital services revenue by 2029

Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]

Romanian Air Force “Carpathian Vipers” detachment to perform air police missions in Lithuania

On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]

Andrew and Tristan Tate depart Romania again, head for Dubai

On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors.  Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]

Wizz Air inaugurates base at Bucharest’s Băneasa Airport

Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]

Bucharest City Hall to hold blood donation event

A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]