Restructurisation agency takes over Navy Shipyard as new orders come in

ARP wants SMW to undertake projects both at home and abroad and therefore has started talks with the shipyard PT Pao in Surabai, Indonesia. The Polish government is going to grant Indonesia the second tranche (USD260 million) of a loan which will cover Indonesian purchases on our market. ARP would like a part of these funds to be re-invested in co-operation with SMW. Within the first tranche of the loan (which totaled USD 140 million) the companies belonging to ARP group received an order for 6 helicopters and 14 Sky-Truck planes. To start international co-operation, SMW needs to establish a production financing system, into which Cenzin from ARP group will contribute. (Puls Biznesu, p. 6) J.L.