German defense industry giant Rheinmetall, which was awarded a EUR920 million contract to build four military ships at the Mangalia shipyard, is in advanced talks to acquire Damen Shipyards.
Grup Serban Holding (stock symbol: GSH), established by entrepreneur Nicolae Serban, with operations in agriculture and food industry, ended the first quarter of 2026 with net loss of RON64.7 million, compared with profit of RON1.3 million reported in the same period of 2025.