Szczecin Shipyard could see production restart as early as Monday

Yesterday the chairman of the Industrial Restructuring Agency (ARP) Arkadiusz Krezel said that production at the Szczecin Shipyard would resume on Monday if all the parties can reach an agreement on the terms to complete ships under construction. The ARP has purchased a company called Stocznia Szczecinska Nowa (SSN) from Porta Holding and received a loan of zl. 20 million from PKO BP to complete nine ships. According to SSN chairman, Andrzej Stachura, this will secure the jobs of around 2,000 employees. Contracts signed by the old company to build new ships will be renewed. (Rzeczpospolita, p. B2; Prawo i Gospodarka, p. 6), M.T.