Independent journal on economy and transport policy
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The Rumanian government will have 51% of the capital of Daewoo-Mangalia Heavy Industries Ltd.
Agreement with the Damen Dutch in order free of charge to obtain a quota pairs to 2%
March 23, 2018
The Rumanian government has at last put into effect, even if partially, the purpose of statalizzare the ship yard Daewoo-Mangalia Heavy Industries Ltd. (DMHI) announced of this year at the beginning ( of 11 January 2018). In reality the proponimento is not realized exercising the preemptive right in order to acquire 51% of the capital that in the past few months, after an agreement which signed to November, the navalmeccanico group Dutch Damen has acquired from the South Korean Daewoo Shipbuilding & Marine Engineering Co. (DSME). The Ministry of the Economy in fact has announced to have reached an agreement with Damen in order free of charge to obtain 2% of the DMHI capital elevating to 51% the current participation of 49% of the State that is stopped through the "2 Never" Mangalia Shipyard.
To such Damen purpose it will never introduce a formal proposal to 2 and, after extraordinary the shareholders' meeting of the shareholders of the Rumanian shipbuilding company that will hold on 30 March, the Rumanian part will start the negotiations for the definition of the state of joint venture.
"It is first time in last the 28 years - it has emphasized the minister of the Economy, Danut Andrusca - than the Rumanian State assumes the control of a privatized strategic industrial objective. Which shareholders of majority we will be able to effectively safeguard the interests of the Rumanian State and we will be able also to defend the force job of the ship yards that highly is characterized".
In the past weeks the interest of the Fincantieri Italian was announced in order to collaborate to the development of the Rumanian ship yard also through the acquisition of a shareholding, interest that now seems to be made useless from the decision of Damen free of charge to yield 2% of the capital ( on 27 February 2018).
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The Rumanian government has at last put into effect, even if partially, the purpose of statalizzare the ship yard Daewoo-Mangalia Heavy Industries Ltd. (DMHI) announced of this year at the beginning 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
