Korean-based shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) is to increase its investment in Romania.
The extent of this investment is so far unclear.
It is the majority shareholder in the Daewoo Mangalia Heavy Industries SA shipyard.
The other shareholder is the Romanian state.
For its share of the increased investment, the country’s president, Traian Basescu, announced that it would provide development land for shipyard expansion.
The
