Gdynia Shipyard has a chance to be No. 1 in Europe with Finnish acquisition

Masa Yard's owner, Norwegian company Kvaerner, will decide at the beginning of October whether to sell the Finnish manufacturer to the Polish company or to a rival bidder. Masa Yard manufactures luxury cruise ships. Next year Gdynia Shipyard plans to conduct its initial public offering (IPO) on the Warsaw and London stock exchanges. By the end of 2000 the company will have spent $10 million on the introduction of an integrated computer system. Its portfolio of orders is already full until the beginning of 2001. (Prawo i Gospodarka, page 3, Rzeczpospolita, page B3)