Romanian state cannot intervene in Mangalia Shipyard bankruptcy, minister says

Romania's Economy Minister Irineu Darău has asserted that the Romanian state cannot interfere with the bankruptcy proceedings of the Mangalia Shipyard. He clarified that while authorities are exploring solutions for the shipyard's future and aiming to retain its skilled labor, any intervention must operate within legal boundaries.

During a meeting with representatives of the Free Shipworker Union, Darău discussed the shipyard's challenging situation following its entry into bankruptcy. The discussions focused on identifying pathways to integrate the specialized workforce into new industrial projects once the shipyard's legal status is resolved. Both ministry representatives and the union reaffirmed their commitment to ongoing dialogue and cooperation to ensure the viability of assets and the protection of qualified personnel.

The ministry acknowledged the "difficult and uncertain situation" at the "2 Mai Mangalia Shipyard" due to bankruptcy and related procedures, attributing it to "many years of neglect and wrong decisions." The minister highlighted efforts to maintain social dialogue, attract investors, utilize the guarantee fund for outstanding wages, and adapt legislative mechanisms for strategic defense industry companies.

However, Darău stressed the legal constraints on state intervention in the current insolvency and bankruptcy process. He explained that the Romanian state, through MEDAT and Șantierul Naval 2 Mai SA, does not have the authority to influence the liquidation schedule, asset appraisals, or layoff decisions. These responsibilities exclusively belong to the judicial liquidator, as stipulated by Law no. 85/2014. The bankruptcy procedure, he stated, follows its legal course without room for interference.

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Șantierul 2 Mai Mangalia printr-o situație dificilă și de incertitudine în urma falimentului și a procedurilor militare aferente, această situație fiind generată de mulți ani de nepăsare și de decizie greșite.