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Damen Shipyards Group

Company

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Damen Shipyards Group is a shipbuilding company. Created in 1927.

2023: Lawsuit against Dutch government for losses due to sanctions against Russia

In October 2023, the herd is known that the largest Dutch shipbuilder sued the country's government for losses caused by sanctions against Russia during the conflict in Ukraine. This is a rare case of a European company going to court with claims over the consequences of illegal sanctions against Russia.

Damen says it is "suffering losses" as a result of the sanctions. A Dutch company is seeking compensation in a lawsuit against the government.