Rheinmetall to take over the Mangalia shipyard in Romania
Rheinmetall, in partnership with the Swiss shipping company MSC, is set to acquire the Mangalia shipyard situated south of Constanța, Romania. The companies have successfully secured the bid following an auction, with the acquisition aimed at establishing a dual-use production site to facilitate both civil and military shipbuilding activities for domestic and international markets.
The Mangalia shipyard will soon be organized into various sectors and security zones to support this dual-function model. The deal, which is anticipated to conclude in the coming weeks, carries a purchase price of approximately €138 million, a cost to be jointly borne by the two partners.
For Rheinmetall Naval Systems, this shipyard is crucial in the construction of four naval vessels commissioned by the Romanian government, comprising two 96-metre offshore patrol vessels and two 43-metre diver support vessels. Furthermore, the facility is expected to emerge as a central hub for additional military shipbuilding initiatives, effectively laying a scalable foundation for future projects in Southeastern Europe and strengthening Rheinmetall’s foothold in this strategically significant market.
“Following the acquisition, we plan to expand and upgrade the shipyard comprehensively. Our aim is to further develop the existing infrastructure, improve production conditions and adapt capacity to meet future requirements. This will enable the site in the long term to play a key role in the implementation of our strategic activities in South-Eastern Europe and to strengthen our industrial presence in the region,” stated Tim Wagner, CEO of the Naval Systems division.
The Dusseldorf-based technology group has been operational in Romania since 2024 through Rheinmetall Automecanica, located in Mediaș.
