{
 "slug": "rheinmetall-buys-mangalia-shipyard-auction-138-million-75-per-cent-valuation-damen-appeal-4-november",
 "title": "Rheinmetall Buys the Mangalia Shipyard for EUR 138 Million — 75 Per Cent of Valuation After Four Failed Sales; Damen's Appeal Is Heard on 4 November",
 "url": "https://www.grosswald.org/rheinmetall-buys-mangalia-shipyard-auction-138-million-75-per-cent-valuation-damen-appeal-4-november/",
 "canonical": "https://www.grosswald.org/rheinmetall-buys-mangalia-shipyard-auction-138-million-75-per-cent-valuation-damen-appeal-4-november/",
 "type": "dispatch",
 "published": "2026-10-09T17:38:00.000+02:00",
 "updated": "2026-10-16T17:39:39.000+02:00",
 "excerpt": "\n\n\n\n\n\n\n\n\nMangalia, 9 October 2026\n\n\n\n\n\n\nKey points\n\n\n * At the auction of 9 October the liquidator CITR awarded the Mangalia shipyard to Rheinmetall Real Estate România SRL for EUR 138,034,320.47 excluding VAT; Paul Dieter Cîrlănaru, CITR's chief executive, said the sale secures the possibility of resuming activity at one of Romania's most important industrial assets\n * The price is 75 per cent of the EUR 184 million valuation at which four earlier auctions drew no bidder; Damen held 49 per cent",
 "countries": [
  "central-eastern-europe"
 ],
 "domains": [
  "industry"
 ],
 "capabilities": [
  "sea"
 ],
 "tags": [
  "defense-industry",
  "naval-defense",
  "central-eastern-europe"
 ],
 "sources": [],
 "entities": [
  "rheinmetall",
  "skyranger-30"
 ],
 "inferred": {
  "countries": [],
  "domains": [
   "industry"
  ],
  "capabilities": [
   "air-missile-defence"
  ]
 }
}