Banks aid shipyard construction projects

The shipyard recorded a 60-million zl. net loss in the first months of 1996, and is now seeking a strategic investor. In other industry news, Westdeutsche Landesbank Polska is helping Szczecin shipyard to finance the construction of a container ship. The transaction is estimated at $24.7 million, and the ship is scheduled to be completed in April 1997. (Rzeczpospolita, page 15, Reuters)