Mostostal Chojnice, a company soon to be listed on the WSE, which jointly with Norwegian Ulstein Verft is going to acquire Stocznia Szczecinska Nowa (SSN) shipyard, is supporting the company before the privatization. The shipyard has problem with funds for production and September wages. Meanwhile, its state-owned owners (ARP and KPS), cannot finance it any longer.
“We have two ideas of how to financially support the shipyard but I cannot reveal the details”, Marcin Garus, Mostostal Chojnice CEO said.
His company is part of KEM steel distributor.
“We have asked KEM to lend us some money”, Artur Trzeciakowski, SSN CEO said.
According to “PB” sources, the shipyard asked for PLN 70m (EUR 21.1m).
The privatization will take place when Brussels approves of the plans of future investors. Till September 12th, the EU authorities will get repair programs. Brussels set the deadline for the privatization of Polish shipyards till the end of September.
(PLN 1 = EUR 0.302)