Damen Shipyards Prosecuted Over Alleged Russia Sanctions Violations
Company: Damen Shipyards Group N.V.
Summary
The Dutch Public Prosecution Service announced in April 2025 that Damen Shipyards Gorinchem would also be prosecuted in a separate case for alleged violations of Dutch sanctions law. The allegation concerns goods and technology that could contribute to Russia's military and technological capabilities, during several months in the second half of 2022. The matter is separate from the corruption case and remains unresolved. Damen has denied wrongdoing and said the relevant deliveries complied with applicable sanctions rules. Sources: Dutch Public Prosecution Service https://www.om.nl/actueel/nieuws/2025/04/25/om-vervolgt-damen-shipyards-en-directieleden NOS https://nos.nl/artikel/2564914-om-vervolgt-scheepsbouwer-damen-voor-corruptie-en-overtreden-sancties-rusland