Gdynia and Gdańsk Shipyards agree on divorce settlement

The agreement also includes an agenda of actions which have to be undertaken in order for Gdynia Shipyard to be able to sell Gdańsk Shipyard. "I cannot reveal the contents of the agreement. I can only say that it includes a list of issues which are already agreed upon by the managements of both companies, and a list of issues which still have to be settled," said Gdynia Shipyard spokesperson, Krzysztof Grabowski. He went on to say that until February 28, issues that are necessary in order to publish an informational memorandum to potential investors in Gdańsk Shipyard should be cleared up. The whole divorce process is to take at least six months. The two companies not only have a number of issues to solve between themselves, but they also need to come to an agreement with the European Commission concerning issues of restructuring (Puls Biznesu, pp. 1, 4) A.K.