Gdynia and Szczecin shipyards in need of investment
"To make the restructuring effective, it is necessary to provide additional public aid to the shipyards. Shipyards in Gdynia and Gdańsk need zł.835 million, while the Szczecin shipyard - zł.400 million. We realize that these sums might be shocking, but without these funds there will be no chance for saving the firms," said Aleksander Grad.
Additional financial support will be provided from the Enterprise Restructuring Fund (FRP) and transferring shares of other companies to the shipyards. "The shipyard in Szczecin has zł.1.3 billion in losses, while Gdynia - zł.1.2 billion. Gdynia shipyard debts amount to zł.2 billion, while in Szczecin - approximately zł.1 billion. Almost all contracts of these shipyards are non-profitable," said the Minister.
The plan will be presented to the European Commission on September 12 and depending on its decision the shipyards might be saved.
Source: Puls Biznesu (M.M.)
Additional financial support will be provided from the Enterprise Restructuring Fund (FRP) and transferring shares of other companies to the shipyards. "The shipyard in Szczecin has zł.1.3 billion in losses, while Gdynia - zł.1.2 billion. Gdynia shipyard debts amount to zł.2 billion, while in Szczecin - approximately zł.1 billion. Almost all contracts of these shipyards are non-profitable," said the Minister.
The plan will be presented to the European Commission on September 12 and depending on its decision the shipyards might be saved.
Source: Puls Biznesu (M.M.)
