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
Les Films de Cannes à Bucarest: Festival announces 2025 dates, first program highlights

The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]

Eastern Romania: Natural sciences museum in Galaţi reopens after EUR 3 million modernization works

Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR.  The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]

Romanian paramedics team named best in the world

A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]

Romanian auction house Artmark registers record EUR 15 mln sales in 2024-2025

Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report.  Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]

DefCamp 2025 turns Bucharest into the regional cybersecurity hub at its 15th edition, hosted at the Palace of the Parliament

Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]

Romanian airline AnimaWings targets 18-aircraft fleet worth over USD 1 bln by end-2027

Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion.  The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]