EU may punish Poland for delaying restructuring of shipyards

17-01-2007, 11:54

Warsaw (Puls Biznesu) – Shipyard trade unions have met with the European Commission. The industry faces problems.

Warsaw (Puls Biznesu) – Shipyard trade unions have met with the European Commission. The industry faces problems.

 

Solidarnosc trade union members representing the Polish shipyards met with European Commission officials responsible for the competition.

“They told us that the shipyards must meet three conditions to have their restructuring programs and public subsidies they received approved of. They include: presenting a clear program to become profitable, reducing capacity and privatization. If the EC were to make decision today, it would be negative for every Polish shipyard”, Dariusz Adamski, the head of Solidarnosc in Stocznia Gdynia said.

If so, the Polish shipyards would have to receive all public funds they have received. The government has so far spent PLN 16 billion (EUR 4.1 billion) for this industry.

 

The EU is waiting for the decision of the Polish government concerning the itinerary of privatization in the shipyard industry. The Ministry of the Treasure has not approved of it yet although the program was prepared several weeks ago. The Gdynia and Szczecin shipyards should be privatized till the middle of this year while Stocznia Gdansk till the middle of 2008.

“It will be hard to make it unless quick and decisive steps are taken. The Ministry of the Treasure has not started looking for privatization advisors yet”, Dariusz Adamski added.

Ukrainian Donbas in interested a controlling stake of Stocznia Gdynia.

(PLN 1 = EUR 0.258)

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