Birthplace of Solidarity gets a new shareholder

Together with the New Szczecin Shipyard it will function as part of the Korporacja Polskie Stocznie (KPS), which belongs to the Industrial Development Agency (ARP).Currently 31.24% of the Gdansk Shipyard is controlled by ARP, while the rest belongs to the Gdynia Shipyard. It was officially announced today that a new shareholder will enter the structure. According to Gdansk Shipyard's president, Andrzej Jaworski, the shareholder will be Centrala Zaopatrzenia Hutnictwa (CZH), which also belongs to ARP and is to take over a stake of 27.8%. Thanks its entry into KPS, the company can count on cutting costs by jointly ordering materials, negotiating terms of insurance and using the services of a design office. (Puls Biznesu, p.7) A.K.