Polish shipyards

[justjohn]

BBC NEWS

Poland in plea to EU on shipyards

Poland has asked the European Commission for more time to privatise its ailing Baltic shipyards, amid EU irritation over Polish state aid.

The Commission has urged Poland to come up with a viable restructuring plan soon for the shipyards in Gdansk, Gdynia and Szczecin.

"There are new investors applying for both Gdynia and Szczecin," said Polish Treasury Minister Aleksander Grad.

The Commission has the power to demand that the yards pay back state aid.

The Gdansk shipyard has a special place in Polish hearts as the birthplace of the Solidarity trade union, which successfully challenged the former communist regime in the 1980s.

"The Commission... has no choice but to make preparations for a negative decision requiring the repayment of state aid received by the Gdynia and Szczecin shipyards," said Commission spokesman Jonathan Todd on Thursday.

He urged Poland to produce "new concrete and credible solutions" for the shipyards "in a short space of time," the AFP news agency reported.

Mr Grad said the government had assured the Commission that it was finalising the privatisation process. "We hope the Commission will allow us to complete the privatisation," he added.

The shipyards have received hundreds of millions of euros in state subsidies, repayment of which could bankrupt them.

Story from BBC NEWS:
news.bbc.co.uk/go/pr/fr/-/2/hi/europe/7427151.stm

[Jaga]

John,

I am glad you posted this information. I was just checking the Polish news and this was among the most important developments.

It would be sad if EU would contribute to the end of the Gdansk shipyard but the truth is that the majority of the ships they were doing were for Soviet Union.

I remember I was at end 80-es in Sweden, seeing their empty shipyards in Goteborg, the same could not omit Poland.