Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Damen Group, a Dutch defence, shipbuilding and engineering conglomerate, has announced its plans to create 227 new jobs by the end of 2023 at the Mangalia shipyards.
The new jobs are for locksmiths, welders, pipe fitters, mechanics, production supervisors and other related experts. The additional workforce will be deployed for the completion of two large, offshore construction projects. In Romania, the company has two large and fully equipped shipyards, which are Damen Shipyards Galati and Damen Shipyards Mangalia.
Currently, the workforce is around 3,300 employees and over 1,000 subcontracted employees who work in the construction and design of ships. Damen has produced over 400 ships for the foreign market, including over 30 military vessels for 13 countries, including NATO and EU Member States.
Eurofound (2023), Damen, Business expansion in Romania, factsheet number 109265, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/109265.
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