Tuesday, February 24, 2015

Gdańsk Shipyard rescue in the hands of the OCCP. There will be new places … – Dziennik.pl

Gdańsk Shipyard rescue in the hands of the OCCP. There will be new places … – Dziennik.pl

The consent of the President of the OCCP the concentration is necessary when the combined turnover of the undertakings involved in the concentration in 2014. Crossed in the Polish equivalent of 50 million. It’s standard procedure – says Joanna Zakrzewska, a spokesman for the Industrial Development Agency .

The Treasury Department says that the notification of a concentration is a consequence signed by ARP in January of this year, “the framework of the investment agreement” with the following companies: Gdańsk Shipyard Group, GSG Towers and Gdańsk Shipyard. To date, the details are not known. Along with sending a request to OCCP , it turned out that the main axis of the debt-ARP to Gdańsk Shipyard and its main shareholder, ie Gdańsk Shipyard Group. The Treasury does not want to give a specific amount. According to our information, that comes to 103 million zł, which years ago shipyard and its main shareholder received from state agencies. ARP for the money to become a shareholder GSG Towers, a manufacturer of wind towers and steel structures.

According to our findings shipyard in the coming years is to focus on the production of steel structures and construction of hulls limited to projects with high profitability. The company, however, there will be no exemptions. Nearly 300 employees is expected to GSG Towers. It is known that the rescue plan for the yard also has a second pillar, which is the Pomeranian Special Economic Zone. As we find out, they have to hit it unnecessary areas shipyard company to continue doing business.

– execute a wide business project that will maintain production at Gdańsk Shipyard, extend the production GSG Towers and revitalize shipyards. Through participation in the project of the Pomeranian Special Economic Zone will be possible to attract investors, who are on the premises belonging to the Gdańsk Shipyard create new jobs – says Vladimir Karpinski, head of the treasury department .

As told in SMEs, in the coming years, employment in the two companies will increase by at least 600 jobs. In addition to the reduction of liabilities is the second essential element of the agreement.

The representatives of the Ukrainian investor does not comment on the case. But unofficially admit that the terms of the agreement are beneficial both for them and for the yard. Their satisfaction is all the greater because until the last minute did not know which way to resolve the conflict choose ARP and SMEs. Treasury counted even with the start of the recovery. Ultimately, however, the ARP decided to give it another chance yard. Such a twist in the Tri-City company associated with a change at the helm of the Industrial Development Agency. Last year, unyielding to shipyards Wojciech Dabrowski replaced as president Alexander Magaczewska.

It is also known that the ARP decided to keep 25 percent. stake in the company, even though you have bought the Ukrainian investor was bound by a contract concluded in 2008. Over the years, this issue has been a bone of contention between the investor and the Ukrainian state agency. In accordance with that agreement had to buy shares GSG ARP already in 2012. However, due to the difficult financial situation of the company’s obligation is moved away. A year ago, the agency was argued that the increase in share repurchase ARP expose sanctions from the European Union. Now, however, SMEs do not see such a threat. – From the perspective of a minority shareholder, which is the Treasury, we pay special attention to the fact that the implementation of these plans was consistent with the legal standards, particularly from the perspective of the European Commission and state aid rules – provides Minister Karpinski .

OPINION

Jerzy CZUCZMAN, director of the Office of the Association Forum Okrętowe
In Poland, there are more than 4 thousand. companies that are engaged in the production of complex vessels, renovation and alteration of ships and supply equipment, supplies and services for the shipbuilding business. It’s not only in Gdansk, Gdynia and Szczecin, but also in other regions, it is also small companies specializing in specific products or services. Many of them are built sailing and motor yachts. Polish largest Shipbuilding repair yard is filled order book for 2017. I estimate that the value of the sale of the Polish sector of around 10 billion zł. At this time, the demand for labor shipyards is estimated at approx. 1.2-1.5 thousand. people, mostly in private companies. Shipbuilding in the private sector is also profitable. One of the largest groups, Repair Holding, developed in 2013. Revenues of 2.2 billion and profit zł 250 million zł.
In this context falls just enjoy the agreement between the Ukrainian investor and ARP on the Gdansk Shipyard. You can say: Finally! After all, this company has for many years been compromised by a conflict of ownership, the ground was not a business, but politics.

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