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Rheinmetall and MSC to acquire Mangalia shipyard
Rheinmetall and Swiss shipping group MSC won an auction for Romania's Mangalia shipyard with a joint bid of approximately €138 million, the companies announced on October 19, 2026. They intend to turn the Black Sea facility into a dual-use site with separate areas for civilian and military shipbuilding, subject to completion of the acquisition within the following weeks. Rheinmetall expects the yard to contribute to four naval vessels commissioned by Romania, comprising two 96-metre offshore patrol ships and two 43-metre diver-support craft. The companies also plan infrastructure upgrades and future expansion, but the takeover had not yet formally closed.