Saturday, June 6, 2009

EU supports restructure of Poland’s historic Gdansk shipyard

Two Polish shipyards in Gdynia and Szczecin were forced to halt production and dismiss more than 4,500 workers after the European Commission found that they had received illegal government aid.

The yards were subsequently sold by the Polish Government to the Netherlands – registered United International Trust, who upon confirming that they intended to resume shipbuilding, have not made any further commitments. However, recent developments for the reorganisation of the historically significant Gdansk shipyard have been deemed satisfactory by the European Commission, which said that it would most likely approve a restructuring programme for the shipyard before the summer.

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