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Daewoo Mangalia Heavy Industries

Daewoo Mangalia Heavy Industries
Company nameDaewoo Mangalia Heavy Industries
IndustryShip construction and repair
HeadquartersMangalia, Romania
Key peopleVasile Iorga, President
Revenue(+) US$ 700 mln (2008)
Net income(+) US$ 35 mln (2008)
Employees4,000 (2008)
ParentDaewoo Shipbuilding & Marine Engineering

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Daewoo Mangalia Heavy Industries or DMHI is a large shipyard located 45 km (28 mi) south of the Port of Constanţa, in Mangalia, Romania. It was formed in 1997 as a joint venture between South Korean company Daewoo Shipbuilding & Marine Engineering and the 2 Mai Shipyard in Mangalia. Since it was founded the company built over 127 new ships and repaired around 300 ships.

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