CITR: The Covid 19 pandemic - one of the causes of Damen Mangalia's insolvency
Coronavirus
The insolvency procedure of the Damen Mangalia Naval Shipyard (DSMa) was caused, among other things, by the Covid 19 pandemic which led to the cancellation of some contracts that the company was going to execute, Florin Constantin, Senior Partner of CITR (the company that was appointed judicial administrator of the construction site), during a press conference that the representatives of the respective company held in ConstanĹŁa. Quoted by Ziua de ConstanĹŁa, Florin Constantin stated: "From the
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